Dead-Line Information
The following dead-lines are important in the Taxation and Financial calendar.
All clients should endeavour to meet these dead-lines in good time so
that
all documents can be correctly processed. Remember, that failure to meet
certain deadlines can lead to the imposition of surcharges, interest
and
penalties by the Revenue Commissioners. Interest on over due taxes is charged
at 0.0322% per day.
-
31st October - Last date for filing self-assesment income and capital gains tax returns (applies to individuals, partnerships and company directors). This is also the final date for payment of preliminary tax. Pension premiums should also be paid by this date to qualify for tax relief in the previous tax year.
- 14th Monthly - PAYE employers returns.
- 19th Bi-Monthly - VAT returns.
- 15th February - End of year employer returns (P35).
Important Notes for Companies
Tax returns must always be submitted within nine months from the end of the
accounting date.
Inheritance Tax
A self-assesment inheritance tax return must be submitted within four months
of the valuation date to avoid interest charges. In most instances the 'valuation
date' will be the date on which a grant of probate issues. 'Gifts' are also
covered by self-assesment rules.
Riverside Office Park, Neil T Blaney Rd. Letterkenny, Donegal, Ireland
Ph. +353 (0)74 91 24558 Fx. +353 (0)74 91 24368
