On Air Goll as Gaccan Simon Clarke & Phil Gawne | 4:00pm - 6:00pm

PAG to highlight tax issues

The fairness of taxes paid in the Isle of Man will be considered at the next meeting of the Positive Action Group.

Former assessor of income tax Mark Solly will be the guest speaker with a talk entitled 'The Tax Gap - is it Fair?'

PAG believes the abolition of the Attribution Regime for Individuals (ARI) next April may make it possible for wealthy individuals to shelter income in companies and minimise a tax liability, which could place a further burden on the less well off.

Mr Solly is concerned that the Isle of Man is moving to a system of income tax which will be overly dependent on the least well off, and that little attempt has been made to tell the public, in plain language, the likely consequences of proposed changes.

The meeting is at the Manx Legion Club in Douglas at 7.30pm next Monday (September 19) and admission is free.

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