There is now just over a week to go until the November 6 deadline for the submission of personal income tax returns.
Submitting online is expected to be the preferred method for the majority of Isle of Man residents this year.
The process is easy to navigate.
Visit services.gov.im to find out how to get registered for online tax services and the wide range of benefits it can bring. These include:
- Submitting and viewing a tax return online
- Receiving instant confirmation of a tax return submission
- Reviewing assessments and balance details easily and securely
- Making secure online payments
- Having income tax refunds paid directly into a bank account
Once a person is registered, online tax returns are already populated with salary and state benefit details, removing the need to look up and provide the information manually.
Gerard Higgins, Business Solutions Group Manager with the Treasury’s Income Tax Division, said:
‘Staff are available to support anyone who wishes to submit their return online, either for the first time or perhaps if you’re encountering problems along the way. Call 685400 during normal office hours or email firstname.lastname@example.org and we’ll do our very best to help.’
Paper returns can be put through the letterboxes located at the front entrance to, or on the 2nd floor inside, Government Office. If anyone requires a duplicate return, they should contact the Division immediately so that it can be issued and returned before the deadline.
If the Income Tax Division has not received personal tax returns for the year ended 5 April 2020 by Friday 6 November, taxpayers will be charged a £100 penalty. If the return has still not been received by the Division by 6 April 2021, a further £200 penalty will be charged.
Even if the penalties are paid, the return must still be submitted and people may be prosecuted for failing to do so.