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Isle of Man Issues Notice on Mandatory Electronic Filing of VAT Returns

30 November 2020

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Approved Changes

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Isle Of Man

The Isle of Man Treasury has issued a notice that electronic filing of VAT returns will be required from 1 April 2021. --- VAT returns must be submitted online from 1 April 2021 VAT-registered businesses and individuals will be required to submit VAT returns online and make payments electronically from 1 April 2021. Three-quarters of Value Added Tax (VAT) returns are currently submitted electronically using the Isle of Man Government’s Online Services. It will become mandatory to submit this way from 1 April to ensure all customers are prepared for the forthcoming introduction of an improved system with greater online...