TAX AMNESTY PROGRAM
The Tax Procedures (Amendment) Act, 2024, has introduced a tax amnesty on interest penalties or fines on tax debt for periods up to 31st December 2023.
The program runs from 27th December 2024 to 30th June 2025.
QUALIFICATION FOR THE AMNESTY
Automatic waiver of penalties and interest for a person who has paid all principal taxes that were due by 31st December, 2023
On application to the commissioner and proposing a payment plan for any outstanding principal taxes accrued up to 31st December 2023, provided the whole tax debt amount is cleared by 30th June 2025.
Disclaimer: This publication is provided for informational purposes only. It is not a substitute for obtaining professional accounting, tax, or financial advice. While every care has been exercised in ensuring the accuracy and completeness of the information, MGN Associates LLP and its affiliates will not accept any liability for any errors or omissions contained herein whether caused by negligence or otherwise, or for
any loss, however, caused or sustained by anyone who places reliance on the contents.
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