Isle of Man Treasury is estimating next year's rise in VAT could net the Island an extra £25 million pounds.
That's according to treasury minister Anne Craine, who's given Manx Radio her reaction to today's UK emergency budget.
UK chancellor George Osborne announced, among many other things, that VAT would increase from 17.5 per cent to 20 per cent from January.
Mrs Craine says they're aware the increase could reduce people's spending too though:
Government re-advertising for new Director of Public Health
Permanent role remains unfilled
New Chairman at Ramsey Commissioners
Rob Cowell takes over from Alby Oldham for the next year
Motorcyclist flown to UK for treatment after Ballamodha crash
Police appeal for witnesses to Wednesday afternoon's collision
Surge in first time buyers enquiring about mortgages
Advisors dealing with 60-70 requests for meetings each week
Air ambulance involved in Ballaugh collision response
Patient 'did not need treatment from major trauma centre'
Braddan Commissioners petitioning DOI for £475,000 for housing maintenance
It says the loan would be repaid over 30 years
