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rquirk | 10 years ago
As for taxes, people on Mann get screwed over on prices - everything from groceries to petrol is more expensive than the north of England since it has to be shipped in. The tax breaks for residents are less than for corporations too, without the corporate breaks I think there would be less work there in general. Might get rid of the southern English bankers that all moved there in the 2000s if they removed so many incentives so it wouldn't be a complete loss ;-)
hackerboos|10 years ago
Only for the EU. As a Manxman you have a nice one-way street of benefits working in the UK...
>Manx people, as British Citizens, may travel and work freely in the United Kingdom.
However myself as a British citizen cannot take a ferry from Liverpool to the IoM and start work. But the reverse is entirely possible for yourself.
Wildgoose|10 years ago
orf|10 years ago
I can assure you that the North is one of the cheapest places to live in the UK. I could rent a huge, 4 bedroom house in some places for less than I'm renting a single room in London. Out of interest how much is petrol/groceries? What popular UK brands do you have over there that could be compared?
Xophmeister|10 years ago
[emphasis mine] The Isle of Man is off the north west coast of England, so he's comparing the prices there with the nearest mainland.
pm24601|10 years ago
Wikipedia says its a Crown dependency - how is that different than being part of the UK?
I would love to hear more -- because how can IoM avoid Jersey's fate?
hackerboos|10 years ago
No. The IoM isn't a sovereign state, although it has it's own legislative branch.
>Wikipedia says its a Crown dependency - how is that different than being part of the UK?
They don't have representation in the UK, other than the Lieutenant Governor. They have their own passports, currency and taxes. The UK can pass laws that affect the Crown Deps but they generally don't do so without consent.
>I would love to hear more -- because how can IoM avoid Jersey's fate?
IoM has diversified it's sketchy revenue creating beyond tax evasion and avoidance of UK banks by also issuing becoming a haven for the UK/Ireland gambling industry.
nly|10 years ago
https://www.youtube.com/watch?v=rNu8XDBSn10
teh_klev|10 years ago
This mostly explains things:
https://www.youtube.com/watch?v=rNu8XDBSn10
desas|10 years ago
Crown dependancies are self governing, though the UK has ultimate responsibility and control. The UK usually leads in defence and diplomacy. The extent of UK involvement and precise details vary from dependency to dependency.