Tax payers asked to own up to full income

Tue, 29 Jun 2010

The Treasury has confirmed the dates for its Income Tax Voluntary Discloure Scheme.

From next month, anyone who hasn't fully disclosed their income can tell the Income Tax Division without incurring a penalty or interest.

The scheme runs until the end of September.

Individuals, companies, employers, contractors, trustees and anyone else liable for Isle of Man income tax can take advantage of the period.

Further details are available on the Government website.