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The Rathlin Tax Haven

Mark Devenport | 11:06 UK time, Tuesday, 16 September 2008

Wikipedia lists the Bahamas, Bermuda, the British Virgin Islands, the Seychelles, the Cayman Islands and the Channel Islands as examples of tax haven islands. But Rathlin appears conspicuous by its absence.

Sinn Fein's Daithi McKay wants to see that changed. He has asked the Finance Minister Nigel Dodds for his assessment of the benefit to Rathlin's economy is tax exemption is introduced for residents. Mr Dodds responds that he has made no assessment since the Executive is not responsible for taxation.

More limited in its ambition, but perhaps more realistic is a proposal from the Rise Foundation for the development of a dedicated addiction centre for families in the East Lighthouse on Rathlin Island. A delegation, including the singer Frances Black, was at Stormont yesterday to seek the support of the Health Minister Michael McGimpsey.
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