Filing 2016 tax extension7/6/2023 If you do not file your tax return on time, you may be required to pay a penalty, or even prosecuted. Nonetheless, should they receive a tax return from the IRD, they are still required to complete and send it back to the IRD in time.Ĭonsequences of NOT filing your tax return on time Taxpayers who have earned no income or of an amount below their allowance entitlements do not have to pay tax. If you file your Tax Return - Individuals on time, the information provided in your tax return will assist the Assessor to prepare your assessment correctly and your claims for deductions for tax allowances, approved charitable donations and home loan interest etc. An extension of 1 month will be given automatically if the return is filed electronically.įiling your tax return on time, be a compliant taxpayer For sole-proprietors of unincorporated businesses, the deadline for submission is extended to 3 August 2021. Taxpayers are required to complete and send the tax return back to the Inland Revenue Department (IRD) within 1 month from the date of issue of the return (i.e. ![]() Individuals Tax Returns for 2020/21 have been issued on. ![]()
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