Treasury written question – answered am ar 17 Rhagfyr 2018.
Margaret Hodge
Llafur, Barking
To ask the Chancellor of the exchequer, if he will publish the findings of the his Department's investigation into the scheme for VAT avoidance on private jets in the Isle of Man.
Margaret Hodge
Llafur, Barking
To ask the Chancellor of the exchequer, when the Government plans to report on the HM Treasury investigation into the Isle of Man's administration of VAT for private jets that was due to be completed in Spring 2018.
Mel Stride
Financial Secretary to the Treasury and Paymaster General
The Isle of Man is a self-governing jurisdiction and makes its own decisions about how to make sure VAT rules are followed.
The Isle of Man invited HM Treasury to carry out a review of its VAT procedures for the importation of aircraft and yachts, which is now being finalised. This is a complex area of VAT law and it is important that we take our time to get this right.
Yes2 people think so
No1 person thinks not
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