Further Extension of Tax Return Submission Dates – up to 31 December 2020

Department of Inland Revenue has published a paper notice (PN/Tax Returns/2020-03) by in lining with the approval for “Tax Relief Measures to Facilitate Post COVID-19 Economic Recovery” granted by the Cabinet of Ministers on June 24, 2020, date of submission of following Tax Returns/statements has been further extended up to December 31, 2020.

  1. Annual Declaration of Employer (PAYE Tax Return) – Year of Assessment (Y/A) 2019/2020
  2. Annual Statement of Withholding Tax (WHT) – Y/A 2019/2020
  3. Economic Service Charge (ESC) Return – Y/A 2019/2020
  4. Compounded Stamp Duty Return for the quarter ending March 31, 2020
  5. Betting & Gaming Levy return for the quarter ending March 31, 2020
  6. Value Added Tax on Financial Services (VAT on FS) Return for the Year of Assessment 2019/2020 (financial institutions which submit returns on accounting year basis)
  7. Value Added Tax on Financial Services (VAT on FS) Interim Estimate for last six months of the Year of Assessment 2019/2020 (financial institutions which submit returns on year of assessment basis)
  8. Value Added Tax (VAT) returns for the months of February, March, April, May and quarter ending March 31, 2020
  9. Debt Repayment Levy Return for the Year of Assessment 2019/2020 (financial institutions which submit returns on accounting year basis)

Accordingly, if any of above returns/statements is submitted on or before December 31, 2020, such Return/statement will be treated as submitted on the due date.

Download IRD Notice: PN/Tax Returns/2020-03 | Date: 03.07.2020

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