IoM Simplifies Filing For Corporate Taxpayers
The Income Tax Division of the Manx Treasury has announced the launch of enhanced
online services for corporate taxpayers. According to an announcement by Malcolm Crouch, Assessor of Income Tax, the
enhanced Company Tax Service will allow companies or their agents to submit
tax returns for accounting periods ending on or after 6 April 2007. Supporting documents, such as accounts, can also be submitted with the return.
A pdf version of the return can be created and saved or printed for future reference.
The return can also be viewed at any time via the online service. The Income Tax Division said that it will introduce an online tax return submission
service for individual taxpayers in the future. The enhancement of the Company Tax Service is aimed at making it easier for
individuals and businesses to interact with the Departments, Statutory Boards
and Offices of the Isle of Man Government. A single online entry point gives
users access to any currently available service that they wish to register for. .
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