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Delayed tax strategy expected soon

The Island's new tax strategy could be ready for February's Tynwald sitting.

Treasury Minister Allan Bell made the announcement in response to a question from Rushen MHK Juan Watterson.

Explaining the delay, Mr Bell (pictured) referred to the "rapid change in the Island's fiscal circumstrances, as a result of the reduction in VAT, rapidly falling interest rates and the worstening external economic conditions".

He went on:

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