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VAT Sharing agreement to be discussed

Fri, 18 Jun 2010


The change to the VAT sharing agreement with the UK is to be brought up in the house of keys again this week.

Rushen MHK Juan Watterson will ask the chief minister how much of the one hundred and forty million pounds needing to be cut from public spending has been identified.

The cuts are neccasery due to the UK cutting the islands VAT reciept by around one hundred and thirty million pounds per year.

Mr Watterson will also ask when the public will be informed where the cuts are being made.

Recently, doctors at the manx emergency doctor service took a voluntary pay cut to prevent the service being cancelled.

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