Rates modernisation plans to be drawn up

Proposals debated in May next year

Modernisation of the rates system in the Isle of Man should be completed during the life of the current House of Keys - according to the Policy and Reform Minister.

The process of rates reform was started during the previous administration, but put on hold as other issues were given priority.

Chris Thomas told Tynwald last week that a consultation will be launched in February next year, and proposals will be put forward for debate in May.

Mr Thomas says resources will be dedicated to the project for the next six months.