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 functionality. Customers who are not currently enrolled for VAT Online Services will automatically receive a letter with an activation code with their next VAT return.
Source gov.im
