crop.jpg)
Today's VAT revenue sharing announcement will have little impact on the Isle of Man's reputation as an international business centre.
That's the belief of Phillip Dearden, director of tax advisory and accountancy firm PKF.
It's understood the United Kingdom government is set to cut the Island's share of the VAT 'pot' by a further £75 million, with Treasury Minister Anne Craine set to make an announcement in Tynwald.
Mr Dearden says it could make some people question the Isle of Man's level of autonomy:
Chamber calls for 'fast, simple and meaningful support'
Sandwich shop announces expansion in north of the Island
9.9% minimum wage rise 'a national crisis' says Chamber of Commerce
Nominations open for 2026 Director of the Year Awards
