On Air Greatest Hits Chris Kinley | 6:00pm - 9:00pm

Employers tax deadline nearing

Failure to return can be costly

The tax return deadline for employers and contractors is just two weeks away.

Submissions need to be in before Friday, 5 May.

The Income Tax Division says, if returns for the year ended 5 April aren't in by then, a £250 penalty will be charged.

Payees may also be liable for a £50 per day penalty charge for as long as it's outstanding, in addition to risking prosecution.

Tax returns can be submitted online at gov.im/onlineservices.

More from Isle of Man News