The Island's new tax strategy could be ready for February's Tynwald sitting.
Treasury Minister Allan Bell made the announcement in response to a question from Rushen MHK Juan Watterson.
Explaining the delay, Mr Bell (pictured) referred to the "rapid change in the Island's fiscal circumstrances, as a result of the reduction in VAT, rapidly falling interest rates and the worstening external economic conditions".
He went on:
Deadline approaching for corporate income tax returns
Penalties for those who submit late
Beach Buddies reflects on 2024 success as it sets sights on global expansion
The award-winning environmental charity aims to expand internationally
Fishing sector 'still a difficult industry to be in'
Shipping costs among the challenges facing fishing fleet
Committee calls for new sea services framework by end of 2025
Panel also wants Tynwald to consider whether operator should be a statutory board instead of arm's length
