Member Bill Shimmins says government finances are faring well
A VAT cut on some food and attractions from twenty to five per cent, is a 'manageable' cost for government.
That's from Treasury Member Bill Shimmins, who says the move, which follows the UK, will support the Island's hospitality sector.
The reduction is to take effect from Wednesday, 15 July.
Mr Shimmins says government can comfortably deal with the cost:
Inquest into death of MGP competitor continues
Louis O'Regan sustained fatal injuries in incident at Kate's Cottage
Manx Utilities apologises for road closure amid 'essential maintenance'
White Hoe works caused significant traffic disruption in Douglas yesterday
Teen accused of wounding with intent to murder appears in court
19-year-old denies possessing knife at Cornaa Beach
Section of Quarterbridge Road to close for tree works
Diversions will be in place on Sunday 15 March
Concern in Northern Ireland over fishing visas
New restrictions imposed on who can fish Manx waters