From March 1st, you can file your income tax return. In most cases, this must be done before May 1st, 2025. If you’re unable to meet this deadline, you can request an extension from the Tax Authorities. Keep in mind that if you are required to file a tax return and fail to do so on time, you may receive a fine. Additionally, the Tax Authorities may estimate your income, which could be disadvantageous. Even if you are not obligated to file a tax return, it may still be beneficial to do so.
Need help with your tax return? A bookkeeper can assist you. Not sure where to start? ACS is here to guide and advise you. While we cannot file your tax return for you, we are happy to review it with you once you have gathered all the necessary documents.