Until when you can file your income tax return and what happens if you file it after the deadline
The final stretch of the campaign begins Income tax return 2023-2024and with all the deadlines and options to present the draft (either through the Internet, by telephone or in person, requesting an appointment), There are only a few days left until the end of the Treasury campaign with the arrival of the deadline.
The Income may be delivered until the day 1st of July, deadline established by the Treasury (online, to do it by phone or in person you will have to request an appointment before June 28). As expected, many taxpayers will rush the deadline to submit their draft and comply with their tax obligations, as well as take advantage of possible deductions.
It must be taken into account that Submitting the income tax after the deadline entails a series of sanctions, which in any case depends on whether the Declaration is to be paid or returned. Can it be submitted after the deadline? Is there a period for allegations?
These are the sanctions for making the Income late
As detailed from the TaxDown portal, failure to submit the Income Tax Return within the period established by the Tax Agency forces the taxpayer to face a penalty in addition to also submitting the draft.
It may be the case that, the period has expired and the Declaration to be paid has been issued, the Treasury has not claimed payment. In this case, the income must be presented as soon as possible, since The Treasury will charge a surcharge with interest of 1% for each month delay.
However, If the Declaration is submitted after the deadline, it is payable and the Treasury has issued a requirementthe sanctions can reach between 50% and 150% of the debt incurred with the Public Administration, depending on the seriousness of the infraction. This fine may be reduced by 30% if the sanction is accepted (‘conformity reduction’) or 25% if paid within the established period as a volunteer in the notification (‘payment reduction).
In the event that the Declaration is returned, the fine can be 100 to 200 eurosdepending on whether the Treasury has not required payment or whether it has done so respectively.
Can the penalty for submitting the Income late be appealed?
According to Anfix, it is better to respond to the Treasury requirements as soon as possible since they are associated, in the case of the Income Tax, with possible surcharges and sanctions. However, you have to know that once the request has been received by certified mail, You have 10 business days to submit allegations for its content.
