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.