Reminder for the settlement of overdue tax liabilities by 3 July 2018

This is just a reminder that the deadline for the application for the arrangement of the settlement of overdue taxes is fast approaching, and specifically until 3 July 2018.

Such applications for settlement should relate to tax liabilities that have arisen for any tax years up to 31/12/2015, and are only accepted by the tax office provided that:

A. All related tax returns have been submitted to the tax office and

B. Any taxes due concerning tax years after 2015 have been paid, and / or an agreement has been put in place for their settlement, until the 30 of June 2018.

It is also noted that taxpayers who will submit their tax returns for tax years up to and including 2015 by 30 June 2018, have still the right to join the above ‘scheme’ for any tax assessments that will arise on the basis of their submitted tax returns and which will be issued after the 3rd of July 2018.

For further information, please do not hesitate to contact us at [email protected]