Views sought on changes to tax system

Tue, 03 Jul 2012

Treasury Minister Eddie Teare

The government wants the public's views on future changes to the Island's tax system.

Treasury Minister Eddie Teare announced during his budget speech that a new tax strategy for the Island will be announced later this year.

As the plans are being drawn up, members of the public are being asked their views about how it should work in future.

It's hoped the consultation will stimulate debate on the matter and opinions are sought from both individuals and businesses.

Changes to the economy, the structure of our growing population and reduced treasury income are among the government's reasons for making changes.

The details are available, along with the consultation documents, on the gov.im website.