Deadline looms for corporate tax returns

Government is reminding people the deadline for corporate tax returns is not too far away.

Officials say the cut off for submitting returns for accounting periods ended December 31, 2019, is midnight on January 4, 2021.

The due date is January 1, but due to the Income Tax Division being closed that day and that subsequent weekend, any submissions will not be considered late provided that the fully completed form is submitted by midnight on January 4.

Those who fail to get their returns done before the deadline could face a £250 penalty.

Meanwhile, the tax division has released a list of opening times for its offices and telephone lines over the Christmas period.

This is available below:

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- Monday, December 21 to Wednesday, December 23: 9.15am to 5pm

- Thursday, December 24: 9.15am to 4pm

- Friday, December 25; Monday, December 28; Tuesday, December 29: CLOSED

- Wednesday, December 30: 9.15am to 5pm

- Thursday, December 31: 9.15am to 4pm

- Friday, January 1, 2021: CLOSED

- Monday, January 4 to Thursday, January 7: 9.15am to 5pm

- Friday, January 8: 9.15am to 4.30pm