Categories: Business

Income Tax, Property Tax,… Here are important dates to note for 2024

Every year, you should note important tax dates in your diary. Here are the key dates to remember for 2024.

January 2024: Update on tax credits and reductions

The first tax payment dates began on January 15, 2024, including property tax and council tax. After you complete the tax calculation in the summer of 2024, you may get a refund if you overpaid, or if you overpaid if you didn’t pay enough.

April 2024: Income Tax Return

It is very important to do this Tax returns. We do not yet know when the 2024 reporting period will begin for 2023 income. You must file your return online unless you have Internet access or can’t use an online reporting service.

Important points:

  • Commencement of tax reporting period (date to be confirmed)
  • Online reporting is required for most people
  • Exception for those who do not have internet access or who cannot file their declaration online

May-June 2024: Last deadline for sending tax income declarations

Every year, remember this deadline to finish your tax return. If you’re late, your taxes may go up 10%And even up to 40% If declaration is not sent in 30 days After receiving the notice from the tax authorities.

Important points to remember:

  • It is important to respect the deadline for sending announcements
  • Delays may increase
  • In some cases the penalty can reach up to 40%

End of July-beginning of August 2024: End of payment or refund of tax credit

In the summer, taxpayers will receive their tax notices on income declared in the spring between the end of July and the beginning of August. On this occasion, those who 60% advance

Their status will be updated for tax credit.

Key Points:

  • Receipt of tax notice on declared income
  • End of payment or refund of tax credit
  • Update for 60% advance recipients

September 1, 2024: Update of tax withholding rates

Following your tax return in the spring, the tax service may calculate a new withholding tax rate. If your situation or income has changed, this rate can be changed by the tax service, which then passes it on to your employer.

September-December 2024: Commencement of payment of balance of tax

Every year in September, people start paying back taxes if they haven’t paid enough through withholding.

October 2024: Payment of property tax (tax).

If you’re a homeowner and you don’t pay your taxes every month, you’ll have to pay your property taxes in October. If you haven’t paid online, you have until mid-October to do so.

December 2024: Payment of housing tax

If you rent and don’t have a digital payment, the tax is due in mid-December. By keeping these dates in mind, you can avoid stress and unpleasant surprises during your tax procedures in 2024. Check and adjust your information in your personal space on the tax website if necessary.

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