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Tend your tax on time or face fine

by isleofman.com 2nd October 2006
The Income Tax Division of Treasury has rung up a warning that there are less than two weeks to go to the deadline date for submitting personal income tax return forms issued in April 2006.

Penalties for non-submission of personal income tax returns were introduced last year, leading to the highest level of submission in recent years.

They say " a ?50 penalty will be charged if individual return forms for year ended 5 April 2006, are not received by 6 October 2006. If the form is still not received by the Division by 6 April 2007, then a further ?50 penalty will apply. Even if the penalties are paid, the return form still must be submitted".

Last year there were large queues at the Income Tax office during the final fortnight before the deadline.
Individuals are reminded that they can send in their return form free by post, using the mailing label which was sent out with their return. Alternatively returns can be put through the letterboxes at the front of Central Government Office or on the 2nd floor inside Central Government Office.

If anyone requires a duplicate form, then they should contact the Division as soon as possible in order that a return form can be issued and returned before the deadline.

Posted by isleofman.com
Monday 2nd, October 2006 01:12pm.

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