Reminder to Income Tax filers about their self-assessment for the year ended 31 December 2016

Revenue has sent out a reminder that income Tax filers are required to file their 2016 Tax Return and pay their liabilities on or before 31 October 2017. They are also legally required to calculate their own tax liabilities and complete the self-assessment section of the Form 11 Tax Return.

Where a customer has filed their Form 11 on or before 31 August 2017, Revenue calculates the tax, PRSI and Universal Social Charge (USC) liabilities on their behalf.

Reminder letters are issuing to individuals or their agents who were sent a paper Form 11 earlier this year. In the reminder letters, customers are also advised:

  • about the extension to the ‘early filing deadline’ to 30 September 2017, and
  • that earlier filing of a tax return does not mean that a customer has to pay their liability any earlier; the final payment date remains at 31 October.

Further details are available in Tax and Duty Manual Part 41-00-28 and Part 41A-01-03.

(Source: Revenue)

Subscribe or Follow
For regular tips, tricks and payroll updates, enter your email on our site, OR follow us on Twitter, Facebook, Google+, or LinkedIn All the best, The Team at Jefferson