TT and MGP

TT and MGP

£1.2 million pounds has been allocated to the Department for Enterprise’s Motorsport Division to support the return of the TT and MGP.

The TT Homestay concession will become an income tax allowance, with the tax-free amount increasing to £2,350. That means, if you take part in the Homestay scheme, you won't be taxed unless you earn more than £2,350