crop.jpg)
Treasury Minister Allan Bell says he won't make changes to the Island's tax cap for its wealthiest residents.
In the House of Keys today, he faced intense questioning from Michael MHK David Cannan about the £100,000 income tax cap.
Mr Cannan said it would be unfair to keep the cap as the Island was facing financial uncertainties following the United Kingdom's VAT announcement.
But Mr Bell said the scheme brought enormous benefits to the Island:
Conviction of 'key figure' in international organised crime group welcomed
DHA issues statement after 25-year-old pleads guilty
Select Committee outlines potential consequences of removing Bishop's vote
A Tynwald committee says taking away the Bishop of Sodor and Man’s right to vote could prompt the Church of England to review the Island’s diocesan status.
Five fires started deliberately at Manx hospitals in last seven years
Manx Care confirmed the majority of fire incidents were false alarms
Manxman sailings cancelled due to weather
The Steam Packet Company says there could be further disruption
