SAT extends deadline to file annual return until June 30

The Service tax administration (SAT) reported that, due to saturation of the system and as a preventive measure against the coronavirus, extended the deadline to carry out the declaration of natural persons for the 2019 financial year until June 30, 2020.

“In order to facilitate collection and promote that the procedures are carried out from home preferably, the SAT has decided to extend the term to make the declaration of natural persons until June 30, 2020, “he said in a statement.

The regulatory body authorized the SAT-ID website as a technological tool for taxpayers to generate or update their password from home and facilitate the presentation of the declaration of natural persons during the month of April.

However, the high demand to generate or update the password it exceeded the system, so this limitation on the page SAT-ID It is in the process of continuous improvement to resolve the technical situations that have been reported.

The organism He explained that on the 21st of April In 2020, 4 million 252 thousand 450 declarations of natural persons have been presented, declarations of natural persons, a figure higher than the 3’210,548 referring to the year 2019. This represents an increase of 32 percent compared to last year.

Who should present it?

1. Taxpayers who are in the Professional Services Regime, earn income on their own and issue proof of fees.
2. Those that have business activities, including those that are taxed under the Fiscal Incorporation Regime and chose to make bi-monthly provisional payments by applying the profit coefficient.
3. People who collect rents for some immovable property (apartment, house or commercial premises). Those who receive interest or dividends must present it.
4. Those that alienated goods, that is, if they sold or bought any real property. Likewise, it must be presented by natural persons who received income from wages and are in any of these cases: If they obtained income from two or more employers.
5. If they stopped providing services before December 31, 2018. If they received annual income that exceeds 400 thousand pesos.
6. If they obtained income from wages from a source of wealth located abroad or from people not obliged to make the withholdings.
7. If they received income for compensation or retirement.
8. If they earned income from agriculture, livestock, fishing and forestry activities.

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