Work is underway to determine how much the Island will receive in future VAT revenue from the UK.
The Treasury is half way through a data collection exercise which is looking at household income and expenditure.
Later this month it will start a similar process for the company sector – asking businesses to provide a breakdown of their figures relating to revenue and costs.
Minister Eddie Teare told us why the work is so important:
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Mountain Road to close because of gales
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New amber warning issued for tonight's storm
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Police appeal over theft of building materials
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New NHS safety rule to be brought in on Island
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Two city streets to shut for over six months
Two streets in the centre of Douglas will be partly closed for over six months.
Revamp of airport terminal planned, says DOI
The Department of Infrastructure says a series of improvements to the airport terminal have been planned for the next three years.
