September 30 Deadlines: How to Manage Them Effectively
- This article outlines key tax deadlines falling on September 30th, 2024, impacting VAT payers, employees, and pensioners.HereS a breakdown:
- Biennial Composition with Creditors (2025/2026) - Final Deadline:
- The possibility to join the "arrangement with a biennial estimate" (a measure to encourage tax compliance) closes on september 30th.
Summary of Fiscal Deadlines – September 30th, 2024
This article outlines key tax deadlines falling on September 30th, 2024, impacting VAT payers, employees, and pensioners.HereS a breakdown:
1. Biennial Composition with Creditors (2025/2026) – Final Deadline:
* This is the most prominent deadline. The possibility to join the “arrangement with a biennial estimate” (a measure to encourage tax compliance) closes on september 30th.
* No extensions are expected.
* The program offers a reduced flat tax on incremental income (up to €85,000).
* Communication about this program from the government was initially limited, with activation of promotional materials happening mid-month.
2. Pre-filled 730 Tax Return – Deadline for Submission:
* Employees and pensioners who haven’t already submitted their pre-filled 730 tax return must do so by September 30th.
* Submission can be done online through the Revenue Agency’s website, or through CAF (tax assistance centers) and qualified intermediaries.
* The Revenue Agency sent reminders via the “Io” app.
* The new simplified compilation method for the 730 is proving popular, with 60% of online submissions using the simplified form. This is an increase from 52% last year.
3. VAT and Intermediaries Matches:
* September 30th is a key date for VAT and intermediary matches, particularly concerning the composition with creditors.
In essence, September 30th is a critical date for finalizing tax obligations related to the composition with creditors and submitting the pre-filled 730 tax return.