As the deadline for tax returns ends, market players, accountants and tax experts they increased the pressure to get a new extension. At the same time, the Ministry of Finance kept the cards closed, about the possibility of giving several days extension for tax returns.
Accountants argued that numerous errors and delays even in completed returns exacerbated the already limited time frames.
In addition, technical problems and a delay in the development of data in the system, forced the great possibility of submitting some declarations after May 15.
In the interim, the system is continuously improved with data, which creates the need to submit change statements. As they emphasized, e-mails are sent to taxpayers at frequent intervals, which on the one hand proves the incomplete development of the system, and on the other hand creates confusion for taxpayers and accounting office.
The request to extend the submission of tax returns did not just arise from the whim of the bodies and organizations that requested it, but because the Government insisted on a non-territorial compliance schedule, especially since those related procedures have gaps, ambiguities and deficiencies, highlights GSEVEE in its new letter to the Minister of Finance.
The tax returns
About 1.2 million taxpayers did not submit their tax returns by the deadline on Friday 26 July.
Currently, 5,309,978 tax returns have been submitted by 6,550,000 taxpayers, which means that approximately 1,240,000 taxpayers have not completed their obligations.
Against this background, it should be noted that those who do not submit declarations by the deadline for submitting tax declarations this year will be asked to pay fines for late declarations of up to 500 euros.
In particular:
– A fine of 100 euros will be imposed on overdue initial declarations of natural persons, regardless of the result of the liquidation, ie if it is zero, credit or debit. If the first overdue declaration is debited, a penalty of 0.73% will be imposed for each month of delay from the due date of tax payment.
– A fine of 100 euros is imposed on overdue initial statements of individuals and legal entities that hold aplographic books, which are credit or zero, while a fine of 250 euros is imposed on debit initial statements .
– A fine of 100 euros will be imposed on overdue initial statementsf individuals and legal entities that keep duplicate books, credit or zero, while a fine of 500 euros will be imposed on debit initial statements .