Tax Update

The Tax department announced today (20/10/2020) that the deadline for submitting the electronic income declaration for 2019 for employees and self-employed (Form IR.1 employee), whose gross income exceeds €19,500, as well as the payment of the final tax due according to their income tax form (self-assessment) for 2019, is extended until November 30, 2020 at 23:59.

In addition, the deadline for submitting the electronic income declaration for 2019 of  self-employed persons whose turnover does not exceed the amount of € 70,000 and who has no obligation to prepare audited accounts (Form IR.1 self-employed), as well as the payment of tax due according to their tax form (self-assessment), for the year 2019, is extended until November 30, 2020 at 23:59.