Date: Monday 27th September 2021
Isle of Man Post Office (IOMPO) announces some tariff changes with effect from 25th October 2021. This is in light of increased costs owing to Brexit, customs changes, increased fuel and aircraft costs, as well as rising costs for onward delivery into the UK and internationally.
Traditionally IOMPO brings price changes into effect in the Spring, but this year in light of the uncertainty relating to Covid19 mitigation measures, and in order to support local residents and businesses, the IOMPO Board took the decision to defer its annual revision of postal tariffs from 1st April to 25th October 2021.
The changes will see increases of up to 8% to some postal product tariffs with the prices for ancillary mail products such as Redirections, PO Boxes, collections and accelerated delivery services unaffected. The price of a standard local and UK letter will rise by 5p to 67p yet will remain highly competitive and represents excellent value for money when compared to the UK’s 85p first class letter price, and equivalent postal service providers throughout Europe.
* Postage comparison table
|Postal Administration||2020/21 UK destined letter rate||2021/22 UK destined letter rate|
|Isle of Man Post Office||62p||67p|
|Royal Mail – 1st Class||76p||85p|
Julie Edge MHK, Chairman of Isle of Man Post Office, said: “IOMPO tariffs remain good value, and the Board are committed to ensuring the quality and sustainability of our services to all our customers and as we continue with our five year strategy to transform the business in the years to come, the new prices will help to achieve this and protect IOMPO’s proud self-funding status.”