Extension of deadline for the submission of income tax returns and tax payments by fiscal units

The Office of the CfR has issued a notice stating that the deadline for the filing of the YA 2020 income tax return by a principal taxpayer in respect of a fiscal unit for the purposes of the Consolidated Group (Income Tax) Rules is being extended to 28 February 2021. In addition, with respect to fiscal units not entitled to […]

Written By Stephen Balzan

On October 30, 2020
"

Read more

The Office of the CfR has issued a notice stating that the deadline for the filing of the YA 2020 income tax return by a principal taxpayer in respect of a fiscal unit for the purposes of the Consolidated Group (Income Tax) Rules is being extended to 28 February 2021.

In addition, with respect to fiscal units not entitled to the tax payment deadline of eighteen months following the end of the accounting period, the deadline for the payment of settlement tax with respect to Year of Assessment 2020 is being further extended to 28 February 2021.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].