I challenged the growth figures for the Isle of Man earlier today. A commentator has said:
IOM Government GDP figures are audited and you’ll need more than a conspiracy theory before they can be tossed aside. Competitive tax rates in times of panic are very popular you know [...]
I have been sent a Freedom of Information request made in the Isle of Man concerning the new VAT sharing agreement with the UK. I publish here what is, for my purpose, the most relevant page – the illustrative calculation. The rest of the document has been put [...]
Did we really hoodwink them? - Isle of Man Today .
From today’s editorial:
Once again the tax black hole is dominating the news. Lord Bach, the government minister who’s responsible for the Crown Dependencies, has been in the Island.Our reporter, John Turner, interviewed him.
Lord Bach was very complimentary about the way [...]
The man responsible for the Isle of Man at the United Kingdom’s Ministry of Justice has confirmed the VAT arrangement was changed because the Island gained too much from the previous deal.
Under the re-drawn revenue sharing rules, the Manx government will lose almost ÂŁ100 million from [...]
It was reported only days ago that my comments on the Politics Show about the Isle of Mn and its VAT arrangements were to be the subject of questions in the Tynwald (Manx Parliament).
Now the order paper has been published and it would seem the focus has changed. [...]
Manx Radio’s web site features an article entitled “Calls for BBC correction in Keys”. It notes:
Comments about the Isle of Man, broadcast in a BBC television programme last weekend, will be raised in the House of Keys this week.
Onchan MHK Peter Karran has described them as ‘damaging and inaccurate’ [...]
The UK has now stopped the Isle of Man benefitting from the UK VAT system.
So what’s next for the Crown Dependencies and VAT? It seems very obvious that Low Value Consignment Relief, which is extensively abused in Guernsey and Jersey should be next to go. The saving [...]
The taxman cometh | Comment is free | The Guardian .
In the 60s, the Isle of Man recast itself as an offshore tax haven. How will the Manx ‘nation’ react now that status is under threat?
The Guardian considers the issue. And draws no conclusions.
Apart, it seems, from the fact that [...]
Union backing public sector workers as cutbacks loom - Isle of Man Today .
THE president of trade union Prospect has pledged its support for members in the Manx public sector as government cutbacks loom. Catherine Donaldson visited the Island on Monday in the wake of government warnings there could [...]BBC - Douglas Fraser’s Ledger: An extremely bleak spending winter.
But there’s another lesson for those hoping to design a change in [Scotland']s tax powers: if the Isle of Man is any guide, don’t assume the Treasury will help making the transition a smooth one.
That’s particularly for those, like the' [...]
