Tax Returns 2024: Deadline Countdown

Countdown to the submission of tax returns. Employers, insurance funds, and other obligated parties must send income statements to AADE by the end of February. The online platform for submitting returns with 2024 income is expected to open on March 16.

It is estimated that the number of pre-filled returns will exceed 1.5 million for employees and pensioners. The process requires careful verification of the data to avoid errors.

Taxpayers should check the following:

• Income and tax withholdings: Contact the issuing body in case of errors.
• Electronic expenses: Confirm that 30% of taxable income is covered.
• Living expenses: Check if assets affect imputed income.
• Dependent children: Correct declaration reduces tax.

In case of a lump-sum payment, a tax discount is provided: 4% for returns until April 30, 3% until June 15, and 2% until July 15, 2026.

Tax payment is made in eight monthly installments, with the first expiring at the end of July.