[an error occurred while processing this directive]
[an error occurred while processing this directive]
On-Air Now
Facebook

Treasury Minister reflects on public reaction to Budget

Wed, 25 Feb 2015


Taxing income from land and property has been controversial - but the real Budget benefits to Manx people are 12-months away.

That's according to the Treasury Minister, who says over 10,000 people will be freed from filling in a tax return under the new plans - but realising its benefit won't come overnight.

The 10 per cent band is to be removed in 2016/17, and a uniform rate of 20 per cent taxation will be implemented for anyone earning over £14,000 per annum.

Over a week since the Budget was revealed - we asked Minister Eddie Teare how he feels it has been received: 


Media

  • Eddie Teare

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed
More News Stories
[an error occurred while processing this directive]

News Archive