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IoM Simplifies Filing For Corporate Taxpayers

by Jason Gorringe, Tax-News.com, London

14 September 2007


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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