Newsbot Posted March 20, 2007 Share Posted March 20, 2007 The Isle of Man's treasury minister announces the government's plans for spending over the coming year. Source : http://news.bbc.co.uk/go/rss/-/1/hi/world/...man/6470851.stm Link to comment Share on other sites More sharing options...
triple7 Posted March 20, 2007 Share Posted March 20, 2007 Slight Tax breaks to pay for the increases that GB will deliver tomorrow http://www.gov.im/lib/news/treasury/8mainbudgetspeec.xml Link to comment Share on other sites More sharing options...
Cambon Posted March 20, 2007 Share Posted March 20, 2007 Slight Tax breaks to pay for the increases that GB will deliver tomorrow http://www.gov.im/lib/news/treasury/8mainbudgetspeec.xml I did not see any tax breaks? The personal allowance is up by 2.7% (or so) against an inflation rate of 3.7%. That is effectively a tax increase. However, hopefully the good news will be that you will no longer have to buy an annuity with your pension fund, and you will be able to leave and residual funds to your relatives, dogs home or whomever, rather than a greedy insurance company. Link to comment Share on other sites More sharing options...
Slim Posted March 20, 2007 Share Posted March 20, 2007 I'm not at all keen on the taxpayer funding the public sector pension shortfall. We've all had to take a hit on our private pensions, why can't government workers suffer the same? Now we not only have to fund our own shortfalls, but government workers too? Link to comment Share on other sites More sharing options...
Cambon Posted March 20, 2007 Share Posted March 20, 2007 I'm not at all keen on the taxpayer funding the public sector pension shortfall. We've all had to take a hit on our private pensions, why can't government workers suffer the same? Now we not only have to fund our own shortfalls, but government workers too? I am with you on that one. Link to comment Share on other sites More sharing options...
Theodolite Posted March 20, 2007 Share Posted March 20, 2007 "..we are not just a grasping tax-haven..." Allan Bell, Treaury Minister, Tynwald 14:10 20th March 2007 No, we are not, indeed. Link to comment Share on other sites More sharing options...
GD4ELI Posted March 20, 2007 Share Posted March 20, 2007 I'm not at all keen on the taxpayer funding the public sector pension shortfall. We've all had to take a hit on our private pensions, why can't government workers suffer the same? Now we not only have to fund our own shortfalls, but government workers too? Because government employees have a legally binding contract with their employer. Unless the IOM goes broke this must be honoured. I would rather live as I do risking all with my own small outfit that work as a droid (*) for the government. --- (*) - I would like to work for the DOT in the great outdoors. Link to comment Share on other sites More sharing options...
Tempus Fugit Posted March 20, 2007 Share Posted March 20, 2007 did our illustrious treasury minister say on the tv interview that government workers were paid only 13% more than the private sector ? Link to comment Share on other sites More sharing options...
sarahc Posted March 20, 2007 Share Posted March 20, 2007 How did they make that comparison? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.