Extension of the deadline for submission of tax returns until August 2nd for natives and even August 9th for legal entities the Ministry of Finance decided, as it was impossible to meet the original deadline of July 26.
Debtors and tax professionals have been on the verge of a nervous breakdown in the last 24 hours, as information was leaked about an extension of a few days, but there was no official announcement.
The announcement of the ministry
With its announcement, the Ministry of Economy and National Finance announced the extension of the deadline for filing tax returns for individuals and legal entities.
In detail, the announcement:
“After consulting the AADE Administration regarding the income tax return submission process, the Ministry of Economy and National Finance informs the following:
From the beginning of the submission process on April 25, 2024 until now, 6,068,600 were sent statements by individuals. Thus, since May 1, the date on which the process of submitting declarations by legal entities began, 252,542 tax declarations have been submitted to date.
This number of declarations corresponds to 93.3% of all tax declarations of individuals and 81.8% of all tax declarations of legal entities.
Taking into account, on the one hand, the fact that the vast majority of declarations have already been submitted, but also that, on the other hand, there have been some technical problems in the declaration submission system in recent days due to the mass sending of declarations from accounting applications, the transfer of the deadline for submitting the income tax return as follows:
- August 2 for declarations by individuals,
- August 9 for declarations of legal entities. The deadline change is relatively longer for the additional reason that the submission rate is not as high as for physical examinations.
Therefore, the deadline for payment of the first instalment of the tax is postponed to 2/8 for individuals and to 9/8 for legal entities. However, the possibility of a single payment of the tax with a 3% discount for individuals remains until 31 July.
Based on the rate of filing of returns to date, the additional time granted is sufficient to file the remaining returns in perfect order and comply with the remaining tax obligations.”
The data
As of Wednesday morning, 5,765,905 individual income tax returns and 221,337 corporate income tax returns had been filed, while the total expected returns are 6,750,000 for individuals and approximately 335,000 for legal entities.
It was estimated that by Thursday morning these numbers would have reached the levels of 5,920,000 and 235,000 declarations, respectively. By Friday, the estimate was that around 6.2 million declarations from individuals and 265,000 declarations from legal entities would have been submitted.
System problems
On Wednesday afternoon and Thursday morning – apparently a lot of people were trying to get into the system – there were problems with several taxisnet users seeing the message “We apologize. We cannot display the page you requested.”