£11,000 in fines for tax and insurance offences

Monday, 20 December 2021 07:00

12 individuals and four companies penalised

More than £11,000 of fines have been issued to individuals and businesses on the Isle of Man for income tax and national insurance related offences.

Three corporate companies were fined a total of £5,920 for not paying their NI instalment payments and/or their class 1 contributions.

Seven people were billed a total of £4,210 for failing to submit their personal income tax forms at the correct time.

Failing to comply with a notice to submit accounts in support of a tax return has cost five individuals £1,325 and one business £300.

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