Tax declarations proceed to be a “headache” for accountants-tax technicians and market operators. On the similar time, the Ministry of Finance is holding its fingers crossed relating to the opportunity of giving even a few-day extension for tax declarations.
Accountants argue that the numerous errors and delays even in pre-filled returns have overwhelmed the already restricted time frames.
As well as, technical issues and a delay in information enrichment within the system, compelled the substantial risk of submitting some declarations after Could 15.
Within the meantime, the system is constantly enriched with information, which creates the necessity to submit amending statements. As they emphasize, e-mails are despatched to taxpayers at frequent intervals, which on the one hand confirms the inadequate enrichment of the system, however creates confusion for taxpayers and accounting places of work.
The request to increase the submission of tax returns didn’t merely come up from the whims of the our bodies & organizations that request it, however as a result of the Authorities insists on a non-territorial compliance schedule, particularly because the related procedures current gaps, ambiguities and deficiencies, emphasizes GSEVEE in her new letter to the Minister of Finance.
The tax returns
About 1.2 million taxpayers haven’t submitted their tax returns by the deadline on Friday 26 July.
Up to now, 5,309,978 tax returns have been submitted by 6,550,000 taxpayers, which signifies that roughly 1,240,000 taxpayers haven’t settled their obligations.
Towards this background, it needs to be famous that those that don’t submit declarations by the deadline for submitting this yr’s tax declarations shall be requested to pay fines for late declarations of as much as 500 euros.
Notably:
– A positive of 100 euros is imposed on overdue preliminary declarations of pure individuals, no matter the results of the liquidation, i.e. whether or not it’s zero, credit score or debit. When the preliminary overdue declaration is debited, a penalty of 0.73% is imposed for every month of delay from the due date of tax cost.
– A positive of 100 euros is imposed on overdue preliminary statements of people and authorized entities that preserve aplographic books, that are credit score or zero, whereas a positive of 250 euros is imposed on debit preliminary statements.
– A positive of 100 euros is imposed on overdue preliminary statements of people and authorized entities that preserve duplicate books, that are credit score or zero, whereas a positive of 500 euros is imposed on debit preliminary statements.
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