The statutory deadline for the payment of any residual (i.e. after taking in to account any tax which was paid provisionally) income tax due for the year 2020 for companies and self-employed individuals, with turnover for the year exceeding €70,000 and who are obliged to prepare audited financial statements, was on 1 August 2021.
Through a directive issued on 30 July 2021 by the Minister of Finance, the above mentioned deadline has been extended to 30 September 2021.
Interest and penalty/ies will be imposed in case of failure to settle any tax payable by the newly set date.
