Income tax returns for individuals extended
The Tax Department has recently announced an extension of the deadline for the submission of Tax Returns for Individuals for the 2022 fiscal year. The new deadline is now set to be on October 2nd, 2023. This provides taxpayers with additional time to ensure that their tax returns are accurate and complete, giving them more peace of mind when submitting their documents.
We strongly encourage taxpayers to use this extended deadline to their advantage, taking the time to carefully review and submit accurate information.
Specifically, a Decree (No.183/2023) was issued on 9 June 2023 in the Government Gazette which extends the deadline for the 2022 personal income tax return (Form T.D.1) as well as for the payment of the final tax due for employees, pensioners and self-employed persons (Form T.D.1 self-employed) with a turnover below €70.000 who do not have the obligation to submit audited accounts.
It is reminded that obligation to submit the 2022 Income Tax Return have Employees, Pensioners and Self-Employed, whose gross total income for the year 2022 is greater than €19.500.
