Affordable tax submission options you can count on Affordable tax submission options you can count on: Forget about submitting tax returns. The tax o
Affordable tax submission options you can count on
Affordable tax submission options you can count on: Forget about submitting tax returns. The tax office can draw your attention to this so that you can still respond correctly. However, anyone who intentionally does not submit their tax return faces fines of up to several thousand euros.
Attach the deadline to the tax return form clearly visible
Legislature has specified in great detail when the tax return has to be submitted and thus the deadline should not be missed. A distinction should be made between a tax return and a special form of the above declaration – a tax return. Use the best tax app for the right solution.
MLA distinguishes between tax return and tax registration
As a taxpayer, you should calculate your tax yourself while filing your tax return. In case of wage tax, this is done by the employer as part of wage tax registration. Payroll tax withheld from your income is also transferred to the tax office. With respect to income tax, the Income Tax Act distinguishes between compulsory and application assessment. Based on this law (section 25, paragraph 3), you, as a taxpayer, are obliged to submit a tax return (compulsory assessment). As an employee who still receives fixed income from non-self-employment work, there may already be an income tax deduction.
As an employee, you are not obliged to file a tax return. However, the recovery may be worth it, as you will be able to deduct many of the costs from the tax (application assessment). Unlike tax registration, the tax office determines the tax to be paid after submitting the income tax return. The last date for filing tax returns has been fixed. You must submit them no later than five months after the end of the relevant calendar year. There may be exceptions from personal tax laws.
Forget your income tax return – you can do this
If you have forgotten your tax return for the previous calendar year and the submission deadline has passed, hire a member of a tax advisory business (Income Tax Relief Association, Tax Advisor) to prepare an income tax return. In this case, the deadline for submission will be extended from May 31 to December 31 of the year.
If you have not submitted your tax return by the deadline, you will receive a reminder from your tax office to file your tax return. If you do not respond to this request, you will receive another reminder with a deadline. If you do not comply here you will be threatened with fine. If you let the deadline pass, the tax office will impose a penalty.
However, if you file your tax return now, you will not have to pay the penalty, as the tax authorities will defer enforcement. However, forgetting to file a tax return still has financial consequences for you. A late surcharge is usually determined along with the tax.
The tax office will give you several opportunities to amend a forgotten tax return. If the payment of penalty has been fixed and is irreversible, the tax authorities can give the option of compulsory detention. In your case, it should not come.