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Income Tax Returns for the tax year 2019

Newsletter 43

 

17 June 2020
 

INCOME TAX RETURNS FOR THE TAX YEAR 2019

Submission dealine and payment of the tax due 

The Tax Department announced the following with reference to the submission of the Declaration of Income (T.D. 1) for the tax year 2019 and the settlement of the income tax due:

For Individuals

  • The deadline for submission of the Income Tax Return (T.D. 1) for the year 2019 is by 30 October 2020.
  • The deadline for settlement of the income tax due via self-assessment for the year 2019 is by 30 October 2020.

For self-employed persons whose annual turnover does not exceed € 70.000 and who do not have an obligation to prepare audited financial statements

  • The deadline for submission of the Income Tax Return (T.D. 1) for the year 2019 is by 30 October 2020.
  • The deadline for settlement of the income tax due via self-assessment for the year 2019 is by 30 October 2020.

The Tax Returns can only be submitted via the TaxisNet System. Payments can be made through the JCC Smart electronic portal https://www.jccsmart.com/ or via the Tax Department - Tax Portal.

 Please note that that there is an obligation of submission of Income Tax Return for the year 2019 for those whose total gross annual income exceeds € 19.500.

We are at your disposal to assist you with the preparation and submission of your personal income tax return.