On Air Holiday Music Mark Burrows | 10:00am - 2:00pm

Tax changes for UK property owners

Glenn Cassidy speaks at Equiom seminar

A Senior Tax Consultant says there's now "a lot more people on the Isle of Man that will be caught within the UK tax net."

Glenn Cassidy was speaking at the annual Equiom Solutions tax seminar, which was held at the Palace Hotel this week, about the implications for Manx businesses following the announcement of this year's UK Budget.

One particular topic he discussed was a crucial change for non-resident owners of UK property - including people on the Isle of Man.

Mr Cassidy explained to Dollin Mercer that there's both good and bad news:

More from Isle of Man Business