Isle Of Man Notes Online Filing Milestone

by Amanda Banks, Tax-News.com, London

02 February 2011

The Isle of Man’s online tax filing service has now processed GBP100m in tax payments since its inception in 2007, the Department of Economic Development has announced.

Last year saw a significant take-up in online transactions with over GBP60m paid, in 20,000 payments, and over 60,000 transactions in total processed since January 2010.

With this growth in online payment transactions, it is estimated that over 13% of the government’s revenue for 2010-11 will have been made via Online Services.

Welcoming the milestone, the Minister for Economic Development, Allan Bell, said: “[The online system] is providing significant efficiencies and cost savings for the government by reducing paperwork, administration time and payment costs while providing a secure service for residents and island businesses transacting with government at a time convenient to them.”

Enhancements made in November 2010 improved the way services were accessed. Each service or group of services now have their own ‘home’ page. This describes what the service does and any news, availability and links related to that service without the need to login to Online Services first.

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