Tax crackdown could provoke 'nervousness'
New proposals from the UK Treasury could make some Island firms 'nervous' to do business.
Planned measures could make financial advisors, accountants and lawyers who facilitate tax avoidance schemes liable to repay the full amount of unpaid duty.
But some have described the penalties - which are currently under consultation - as 'nasty'.
Mark Denton is the Chairman of the Association of Corporate Service Providers:
Bishop's vote...vote...pushed back to January
Debate on Isle of Man Constitution Bill adjourned until the new yearÂ
Dates for rebranded Isle of Man Food and Drink Festival announced
'The Big Manx Feast' will return in September next year
Treasury eyes tougher immigration rules to tackle 'risks' facing system
Higher pay requirements and stricter dependant policies to be reviewed by Council of Ministers
Business confidence cools as costs climb and demand outlook weakens, survey finds
Rising labour and energy expenses dominate concerns, while optimism around future demand and profitability remains muted
