Sunday, November 1, 2026
You are here: Isle of Man > Isle of Man News
Isle of Man News
General News
Company Tax Returns and the New Year Holidays 19 December 2008

The deadline for sending company tax returns to the Income Tax Division of Treasury is 12 months and one day from the end of the company’s accounting period (‘the due date’). The company is liable to a £250 penalty if its return has not been sent in by the due date.

Many companies have 31 December year ends and so for their 2007 accounting period the tax return due date is 1 January 2009.

The Income Tax Division will be closed on 1 and 2 January 2009 and, if a company has a due date for its tax return falling on one of these days we are extending the deadline until midnight on 5 January 2009, which means that no penalty will be charged if the new deadline is met.

The extended deadline applies to the submission of returns by post, hand or via Online Tax Services. You can register for online services here.

Our public counters on the Second Floor of Government Office, Buck’s Road, Douglas will be open over the Christmas period at the following times:

Monday 22 December 2008 9.15am to 5.00pm

Tuesday 23 December 2008 9.15am to 5.00pm

Wednesday 24 December 2008 9.15am to 4.00pm

Thursday 25 December 2008 Closed

Friday 26 December 2008 Closed

Monday 29 December 2008 9.15am to 5.00pm

Tuesday 30 December 2008 9.15am to 5.00pm

Wednesday 31 December 2008 9.15am to 4.00pm

Thursday 1 January 2009 Closed

Friday 2 January 2009 Closed

Monday 5 January 2009 9.15am to 5.00pm

Tax returns can be submitted outside these hours by using the letterbox next to the main door of Government Office or at any time by using Online Tax Services.

Malcolm Couch

Assessor of Income Tax

More stories >>>  

Related News Articles
Tax Return Deadline Nears 22 April 2013
The 5 May 2013 deadline for submitting contractor’s and employer’s tax returns is now only a few weeks away. [More]
Isle of Man signs Double Taxation Agreement with Luxembourg 18 April 2013
As part of the Isle of Man Government’s ongoing programme of signing Double Taxation Agreements (DTAs) and Tax Information Exchange Agreements (TIEAs), the Isle of Man has signed a comprehensive DTA with Luxembourg. [More]
Isle of Man signs Double Taxation Agreement with Seychelles 11 April 2013
The Isle of Man has continued its programme of developing closer economic and taxation co-operation with other countries by concluding a Double Taxation Agreement (DTA) with the Republic of Seychelles. [More]
Corporate Income Tax Return for Accounting Period Ending 5 April 2012 5 April 2013
If a corporate taxpayer fails to submit its income tax return by the due date then they become liable to a £250 late return penalty. [More]
Corporate Income Tax Return Form for Accounting Period Ending on 31st March 2012 28 March 2013
If a corporate taxpayer fails to submit its income tax return by the due date then they become liable to a £250 late return penalty. [More]

Other Guides by Maxima Systems Ltd: Disney World