IOMA Solutions, part of the IOMA Group, has unveiled a new cost-efficient tax service as part of its Island-wide corporate and personal tax solutions.

With April being the month of tax returns, the company believes that the launch couldn’t better timed.

The aim is to provide 'reasonably priced' assistance for small personal tax payers needing a helping hand with filling in their annual returns, right through to comprehensive advisory and compliance services for the largest businesses on the Island.

The fast expanding Hope Street based firm is staffed by dedicated, professionally qualified tax practitioners with combined expertise of over 25 years gained through Government, industry and the major league accountancy firms.

The new tax service will be spearheaded by IOMA Solutions Directors Kevin Renshaw (pictured) and Paula Coates.

They are available to handle full tax reviews and to help identify possible areas of tax savings, prepare personal and corporate Isle of Man and UK tax returns (incorporating home visits where required), deal with tax office enquiries and provide guidance on due dates and payment of tax liabilities.

A comprehensive range of advisory services is also available.

Paula Coates said she believed there was a gap in the market for the service that the company was starting to provide: "Our highly experienced staff will be providing a reasonably priced service for both personal and corporate tax payers. 

"Our prices are competitive, with fixed fees starting at £150 and we believe this will have a broad appeal for many people.

"Tax is one of those issues many people find difficult to deal with and we are here to help people tackle their commitments and hopefully find them some ways of saving money as well," said Paula.