The Manx Government is looking to buy it so it would become state owned. The deal is worth £124m.
I wonder if they'll be a bit more sensible with prices?
The Steam Packet Company
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Kwacky
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D41
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Re: The Steam Packet Company
You'd think that's the ONLY reason they'd buy it....the place is all about tourism & not much more than that, yes??
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Monty
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D41
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Kwacky
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Re: The Steam Packet Company
It's used to avoid tax. People register companies there as a tax dodge.
Tourism counts for a massive amount of income for the Island. Expensive ferry fares has seen visitor numbers drop.
Tourism counts for a massive amount of income for the Island. Expensive ferry fares has seen visitor numbers drop.
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D41
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Re: The Steam Packet Company
Sounds brilliant. My kinda place.Kwacky wrote:It's used to avoid tax. People register companies there as a tax dodge.
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Jack
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Re: The Steam Packet Company
Over 10% of the islands income comes from online gambling
the highest rate of income tax is 20% compared to 45% on the mainland
there is no corporation tax or capital gains tax
you can get tax relief for a home loan
If the Steam Packet deal goes through I doubt the price structure would change much , possibly some savings for manx residents.
the highest rate of income tax is 20% compared to 45% on the mainland
there is no corporation tax or capital gains tax
you can get tax relief for a home loan
If the Steam Packet deal goes through I doubt the price structure would change much , possibly some savings for manx residents.
