The Isle of Man is to receive a share of indirect tax revenue from the sale of goods and services:
The Treasury Minister announced new changes in Tynwald following 'extensive negotiations' with the UK Government.
A revision of the tax-sharing formula under the 1979 Customs and Excise Agreement has been made to benefit the coffers here.
Manx shares are expected to rise by £11.8 million in this financial year - Eddie Teare explains how the new system will work to include Internet purchases:
'Significant' snowfall expected this weekend
Shop to close in 'almost impossible retail landscape'
Oil be back, say pollution-hit ducks
Firefighters free horse trapped in pipe
Rising number of cats in charity's care
Price hikes for dumping appliances at civic amenity site
A&E visits rise more than 35 per cent in a decade
Island gets northern lights show
