The VAT agreement with the United Kingdom needs to be re-negotiated.
That's the belief of a candidate standing in Peel in this September's General Election.
Ray Harmer currently works in the finance sector and is a Peel Commissioner.
The Isle of Man recently lost another £75 million after the UK visited the arrangement for a second time.
Mr Harmer believes in the future we need to negotiate hard to make sure the Island is treated fairly.
Researching your Manx family history can be a very interesting and rewarding hobby. Trace your roots in the Isle of Man with our helpful of guide.
