Corporate taxpayers are advised that the effective final deadline for submission of income tax returns for accounting periods ended 31 December 2022 is midnight on 2 January 2024.

The due date is 1 January 2024 but as the Income Tax Division is closed on that date, returns will not be considered late provided that the fully completed form is submitted by midnight on 2 January 2024.

If a corporate taxpayer is late submitting their income tax return they may be liable to a £250 penalty.

The Income Tax Division telephone lines and public counters are open over the Christmas period at the following times:

Please Note: This Article was published by and remains the property of the Isle of Man Government

You may read the original article

at Isle of Man Government News 2023-12-13.