The Intervention Act, adopted by the National Assembly, extends the deadlines for submitting tax returns and submitting annual reports: from 31 March to 31 May 2020. The same applies to the submission of a tax return in advance of personal income tax on income from activities. The deadline for compiling the informative calculation of personal income tax is extended to 30 June.
Tax returns, annual reports: deadlines extended by two months
The deadline for submitting tax returns on income from activities for 2019 is 31 May 2020. The deadline for paying the tax is 30 days from the date of submitting the return.
The deadline for submitting a tax return for 2019 (the tax year is the same as the calendar year) is 31 May 2020. The deadline for paying the tax is 30 days from the day of submitting the return.
The deadline for submitting a tax return, when the tax year is not the same as the calendar year, but for the selected business year, is two months after the end of the selected financial year. The payment deadline is 30 days from the date of submission of the invoice
The deadline for submitting annual reports to the Agency of the Republic of Slovenia for Public Legal Records and Related Services for 2019 has been postponed from 31 March to 31 May 2020. The taxfyle’s tax calculator comes quite useful there now.
Determining the tax base, changing the advance payment
The deadline for notification of the determination of the tax base taking into account the standard expenses for the tax year 2020 is no later than 31 May 2020.
In case you want to change the amount of the advance payment of income tax from activities or the advance payment of corporate income tax, it is sufficient to submit only an estimate of the tax base for the current year. No tax return is required.
Decision of the authority on deferral of payment of taxes
- The tax authority will be able to allow the tax to be deferred for up to two years or in 24 monthly installments (due to the loss of the ability to generate revenue due to the COVID-19 virus epidemic).
- Deferment or installment payment will also be allowed for tax advances or tax deductions, but not for contributions.
- The tax authority decides on the deferral within 8 days.
If the taxpayer is late with the payment of an individual installment, not all remaining installments fall due, as is the case under ZDavP-2, but according to this intervention law all unpaid installments fall due three months after the expiry of this intervention law.
Personal income tax for 2020: deadlines extended by one month
Furs will draw up an informative personal income tax calculation for 2019 by 30 June 2020 at the latest, which is one month later than the statutory deadline.
For resident taxpayers who will not receive the informative personal income tax calculation for 2019 by 15 July 2020, the deadline for filing a personal income tax return – if they had income – is extended to 31 August 2020 (one month later than in ZDavP-2). This is true if they had income.
During The Delay: Interest And Limitation Period Do Not Flow
In the event of a deferral under the Intervention Act, no interest is charged. The policy of tax enforcement during the period of validity of this intervention law is determined by the Ministry of Finance. During the period of validity of the intervention law, the right to recover the tax does not expire, but only for those taxpayers who take advantage of the opportunity under this law. For the rest, the limitation period for their other tax liabilities, which are not subject to this intervention law, runs normally.