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Budget 'business friendly' says tax expert

KPMG advisor praises 'stability'

Watch more of the interview on the Manx Radio Portal.

A tax expert says government's fiscal blueprint for the year ahead is business-friendly.

Robert Rotherham from KPMG has welcomed Treasury Minister Alfred Cannan's budget for offering stability, with the tax cap remaining in place.

Mr Cannan's approach to taxation was praised by the DEFA Minister on Tuesday (20 Feb) as he unveiled the Quayle administration's financial plan for the year ahead. 

Geoffrey Boot warned against gradual increases in income tax, saying the consequences of such a move would be 'disastrous'.

Mr Rotherham agrees that any tax rise would have consequences:

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