Filing of the Income Tax Return 2012
Perhaps you already received the typical ‘blue post’ from the tax authorities informing you that you have to file your tax return over the year 2012! In this tip of the month we will outline the deadlines for the filing of your income tax return.
Resident taxpayers
Resident taxpayers have to file their tax return 2012 before the 1st of April. You will receive a provisional assessment during the course of 2013, which is usually an automated assessment.
If you file your tax return prior to 1 April 2013 you will receive a provisional assessment for income tax/national insurance contributions for 2012 and, if applicable, a provisional assessment for the Healthcare Insurance Act prior to 1 July 2013. The amount payable or to be refunded is stated in the provisional assessment. The provisional assessment is based on the information which you have provided to the tax authorities. Once they have verified the information, you will receive the final assessment for 2012.
Penalties for late filing
The tax authorities could impose penalties up to € 4,920 if you do not submit your return, or do not submit your tax return in time.
Deferral needed?
If you want to file your return after 1 April 2013, we can help you out. As a tax consultancy firm we have an arrangement with the tax authorities which extends our deadline for filing your tax return to 1 May 2014.
If you would like to make use of this service or any other tax related services, please contact our office!