Claims that tax evaders using the Crown Dependencies could owe £1 billion are a ‘figment’ of the UK Chancellor’s imagination.
So says Chief Minister Allan Bell who has refuted George Osborne's suggestion that the Island – along with Jersey and Guernsey – is harbouring that amount of UK taxpayers’ money.
According to the UK Exchequer Secretary David Gauke, a clampdown could bring in more than £1bn in previously unpaid tax over the next five years.
But Mr Bell says that's nonsense
Department brands loss of Greeba tree 'regrettable'
Four replacement trees to be planted at site
Inmates stage prison protest over time spent in cells
DHA confirms 'isolated passive incident' at Jurby facility
Local clothing retailers rated poorly in new survey
More choice and personal experience wanted
'Unnecessary' delays left electricity customer in limbo
Manx Utilities classifies all pensioners as vulnerable people