Advertisement

'No hasty decisions on zero-10' - tax expert

by isleofman.com 16th August 2010


It's a case of wait and see as far as the Isle of Man's zero-10 tax regime is concerned, according to a leading tax authority on the Island.

PKF's managing director Philip Dearden says no hasty decisions should be made about abolishing the system.

Rather, the Manx government should bide its time and await the outcome of a review in the autumn, by the European Union Code of Conduct Group.

A recent survey of professionals in the finance sector concluded firms would leave the Isle of Man and hundreds of jobs would disappear if the Island changed its company tax rates.

Mr Dearden says the problem is zero-10's validity, or otherwise, is a matter of opinion, not fact:


Clip 1
Posted by isleofman.com
Monday 16th, August 2010 03:54pm.

Popular Articles

Upcoming Events

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
19 May

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
24 May
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide