Tax News: 19/2020

The Tax Department, published an announcement on November 27, 2020, informing that the deadline for submission of the tax return 2019 for:
(a) employees and pensioners (TD1) and (b) self-employed whose turnover do not exceed € 70,000 (TD1 self-employed), as well as the payment of the final tax due, is extended until December 15, 2020 (RAA 562/2020).

It should be noted that the obligation to submit a Tax Return (TD1) and (TD1) for the year 2019, arises ONLY when the Gross Annual Income exceeds € 19,500.

Our Tax Department remains at your disposal for any further clarifications you may need and to assist you in meeting the above deadlines.