§ Mr. LlwydTo ask the Chancellor of the Exchequer how much value added tax is paid by the Government of the Isle of Man to the Exchequer; and if he will make a statement. [13873]
§ Mr. OppenheimIn normal circumstances, the Government of the Isle of Man do not pay any VAT to the Exchequer, but under the revenue-sharing agreement of the Isle of Man Act 1979, the Isle of Man has contributed the following amounts of net VAT receipts during the past three financial years.
- 1993–94: £20,157,399
- 1994–95: £24,100,764
- 1995–96: £22,481,096.