The Isle of Man has been cleared of any wrong-doing concerning its VAT treatment on imported jets, following an investigation by the UK Treasury.
The investigation found although further compliance checks could have been done, there was no evidence of aircraft VAT avoidance.
It followed allegations after the the "Paradise Papers" were published.
However, after today the review has established the EU and UK law was correctly used on the Island, so therefore the allegations have not been upheld.
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Brewery advertising for operator for landmark Laxey pub
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Hospice cafe reopens next week after refurb
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Another one bites the gust - as Ramsey rocks cancelled
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Mountain Road closed again after crash
The Mountain Road is currently closed after a crash.
Merchant Navy Day to be marked with memorial service
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Fundraiser launched for injured MGP rider
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Noel back in the saddle after handy pub pumping leaves him smiling
Noel Edmonds has thanked a pub in the north of the Island for helping out when he felt a little deflated.
