Alex Allinson says he was constrained before Budget by ongoing talks with the UK
The treasury minister says he plans to look at the VAT thresholds for small businesses in the near future.
Currently, at the end of any month, a business has to pay VAT if the total value of taxable supplies in the previous 12 months is more than £90,000.
Speaking on Manx Radio's Budget Special, Alex Allinson says he was constrained in this Budget while waiting for agreements with the UK to be complete.
Now they are, he says he's in a position to look again at things like the thresholds:
Creamery working to solve the mystery of tight screw caps on cartons
Young people's bereavement drop in service coming to an end
Pub's inclusive toilet signs vandalised
£100K cash injection for energy efficiency scheme
Regulator investigates potential Manx Radio licence compliance issue