Income Tax Deadline All the Latest news and updates on Pay and File issues.
So you have heard the adverts on the television and radio all October long informing you that the Income Tax filing deadline is looming, and you have until 31 October to file your Income Tax return
Now that the paper tax deadline has passed there is not long left to file and pay your tax return for 2010 on the 16th November 2011.
We will keep you up to date with all the Latest news on the tax deadline.
Deadline for Revenue Online Service [ROS] Registration – 11 November
The Tax Return Deadline has been extended by the Revenue Commissioners to midnight on Wed 16th Nov 2011
To avail of this extended deadline tax returns must be filed and paid online. If you are not already linked to us as gents the deadline for registration with the Revenue Online Service [ROS] / linking us as agent is tonight Friday 11th November at midnight.
In order to allow us time complete your ROS registration, assist with your tax return and file same before the deadline please contact us immediately 014977651
Tax Deadline Extended – Revenue Clarification – 10 November
Revenue have clarified to McCarthy Accountants that ROS Debit payments will now be taken on the 16th November [rather than the 15th] for all cases, including those already filed. Those taxpayers who have already filed will be advised of this by email. Read more about the arrangements for electronic filing in the eBrief here.
For Instant updates Join Us Now @Accountantsmcc
Arrangements for Electronic Pay & Filing Form 11s – Revenue eBrief – 7 November
Form 11s received online by midnight on 16th November will be treated as received on time. Read more about the arrangements for electronic filing in the eBrief here.
Revenue wishes to confirm that the extended filing and payment date for the 2010 Form 11 and any associated payment and the preliminary tax payment for 2011 for those using ROS will be midnight on 16 November 2011 rather than midnight on 15 November 2011.
Our helpdesk and the ROS Technical Helpdesk will be open until midnight on Wednesday the 16 November 2011.
Arrangements for Paper Form 11 – Revenue eBrief – 26 October
Paper Form 11s received by 9:a.m on 1 November in the Sarsfield House Office in Limerick, or those postdated 31 October will be treated as received on time. Read more about the arrangements for paper filers in the eBrief here.
ROS Pay & File Tips – Revenue eBrief No. 60/11 – 21 October
Revenue provide some tips on accessing PAYE information for clients and on uploading returns in last Friday’s eBrief
Tax Briefing – Retirement Annuity Contribution – ROS Issue – 5 October
The RAC mini-calculator is incorrectly calculating relief where contributions were made in 2010 and 2011 and the taxpayer’s net relevant earnings exceeded €115,000. Revenue explain the issue with examples and suggest a work-around. Click here.
Revenue eBrief – ROS Calculation of Preliminary Tax Using the “100% Rule”
Revenue note the limitations with the facility on ROS that shows the 2011 preliminary tax liability under the “100% rule” i.e. only the USC is adjusted for. Therefore, further adjustments may be needed to the ROS figure. Need Assistance with your Preliminary Income Tax 2011 Calculation Call us now for assistance or click here.
ROS Pay & File Matters Special Bulletin – 23 September 2011
The Institute draws members’ attention to an error in calculating preliminary tax, and other pay and file issues brought to Revenue’s attention. Read The Institute of Tax Ireland’s bulletin.
McCarthy Accountants & ROS Helpdesk – Extended Opening Hours
Extended opening hours for the ROS Helpdesk are in place in the lead-up to the deadline. Our Opening Hours or the ROS the opening hours.
#TaxDeadline 2011 THE FACTS AND FIGURES
-
Over 530,000 income tax returns were filed last year
-
79% of those returns were filed online
-
97% of preliminary income tax was collected by the due date last year
-
Interest on underpaid tax accrues at a rate of 8% per annum
-
The amount of interest collected by Revenue in 2010 was €57 million, a decrease of €10 million on the previous year
-
You may face a surcharge of up to 10% of your tax liability if your return is late
-
If you pay and file online, the deadline is extended by 15 days until the 15th November 2011
