Survey of 900 Manx household incomes released

Monday, 30 June 2014 02:00

Results of an income and expenditure survey which surveyed 900 households on the Isle of Man have been released.

The survey takes a random sample of people and provides in-depth detail of income and spending patterns.

The information will be used to calculate and confirm the Island's share of VAT revenue for the UK's Customs and Excise Agreement.

I'll also be used to update both the Consumer Price Index and the Retail Price Index.

Carl Hawker is the executive director for policy and strategy - he told us what the main findings were:

More from Isle of Man News

Kirk Michael actor to make Middle Earth return?

Will an Island actor be reprising one of his most famous roles?
Keep broken glass off our beach, say commissioners!

Port Erin commissioners are asking people no to ruin someone's day with broken glass.
Gaza vigil will mark 'horrifying escalation' in child deaths

Organisers of a weekly vigil against the war in Gaza say they'd like as many people as possible to attend on Friday.
Drop in ply-for-hire cabs, but rise in private hire taxis

Government figures show the number of taxis you can flag down on the Island has dropped by almost 28 per cent in the last two decades.
Pre-TT Classic starts on Friday

Roads in the south of the Island will close on Friday for the first day of two weeks of motorsport!
Island to get 20mph zones after Tynwald votes yes

Tynwald has voted to approve the Island's 20mph speed zones in residential areas.
Waste discount for Bride 'unfair', says Garff

Garff commissioners say a huge discount on waste disposal for one local authority is unfair.
Three legs sculpture up in time for TT

A new Three legs of Mann sculpture has been put up outside Douglas' Sea Terminal.