On Air Siobhan Fletcher The Live Lounge | 4:00pm - 6:00pm

Bleachers - Merry Christmas, Please Don't Call Download

Listen Live

Listen Again

On Air Siobhan Fletcher The Live Lounge | 4:00pm - 6:00pm

Bleachers - Merry Christmas, Please Don't Call Download

DAB+, FM & AM 89, 89.5, 97.2, 103.7 & AM1368
Online Listen on Radioplayer
Mobile Download the app
Smart Speaker Ask your speaker 'play Manx Radio'

Tax expert raises autonomy question

Tuesday, 12 July 2011 10:13

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:

Clip 1

More from Isle of Man Business

Sight Matters Reflects on a Landmark Year and Looks Ahead to Its 90th Anniversary

This is a paid for promotion on behalf of Sight Matters
Port Erin retail: the tale of two halves

What has it been like for businesses there in the run up to Christmas?
Treasury welcomes Bank of England interest rate cut

The cost of borrowing has reached its lowest level since early 2023
Financial Times raises "serious questions" over government due diligence in King Gaming case

Video report scrutinises oversight and background checks, suggesting Isle of Man approach worsened fallout