Tax Time – Income Tax Return 2021 Deadline Approaching
Income Tax Return Deadline for 2021 Returns – 31 / 10 / 22
Don’t Delay, Contact us today at McMahon & Co Accountants
The Pay and File deadline for self-assessed income tax payers is October 31st (Non ROS Returns)
2021 Income Tax extended ROS return filing and payment date for self-assessment income tax and capital acquisitions tax through ROS is Wednesday, 16th November 2022 for taxpayers who file their 2021 Form 11 and make the appropriate payment through ROS for Preliminary tax for 2022 along with the income tax balance due for 2021.
The due date for beneficiaries who received gifts or inheritances with valuation dates in the year ended 31 August 2021 and who make a CAT return and the appropriate payment through ROS is also extended to Wednesday, 16 November 2021.
Self-Assessment applies for Income Tax Return purposes to:
- Self-employed persons (i.e. people carrying on their own business including farming, professions or vocations)
- Persons receiving income from sources where some or all of the tax cannot be collected under the PAYE system, for example:
– profits from rental properties,
– investment income,
– foreign income and foreign pensions,
– maintenance payments made to separated persons or where
– civil partnerships are dissolved,
– fees and other income not subject to the PAYE system,
– profit arising on exercising various Share Options/Share
– Incentives.
Form 11 – Income Tax Return and Self-Assessment for the year 2021
(Relating to taxes on income and capital gains for self-assessed individuals)
Form 12 Income Tax Return for the year 2021
(Relating to Employees, Pensioners & Non–Proprietary Directors)
Should you require assistance in submitting your Income Tax Return for 2021, or require the return to be completed for you.
Contact us TODAY for professional advice , we are here to HELP.
