At 30 The first installment payment deadline of ENFIA expires in September this year, but the latter expires at 26 February 2021.
The Ministry of Finance included in the bill with the provisions for the capital market which was submitted to the parliament, increasing the number of installments of income tax for individuals and legal entities, as well as ENFIA, in the context of facilitating taxpayers due to the effects of the pandemic.
So this year, property owners can pay the tax in six monthly installments, from September to February, instead of the five that were valid until last year.
More doses, and specifically six instead of five, Businesses will also have them at their disposal, while for individuals and the payment of income tax, the three bi-monthly installments become eight monthly and extend from July to February 2021.
Those individuals who pay on time, within the first installment period, the total tax, are entitled to a discount 2%.
According to reports, The Ministry of Finance will also provide a discount for those who have already paid their income tax in a lump sum based on the liquidation of their returns..
It is recalled that after the relevant extension, the deadline for submitting declarations extends to 29 July.
In particular, according to the provision of the bill:
The personal income tax that will result from the liquidation of this year's tax returns can be paid to 8 equal monthly installments instead 3 two-month installments valid until last year. The first installment is paid until 31 July and the last to 26 February 2021. The payment of the tax determined by declarations of taxpayers who participate in legal entities and legal entities that keep haplographic books is done in 6 equal monthly installments, of which the first is paid on the last working day of the month of September 2020 and each from the next to the last working day of the next five months. When the tax due on the due date is paid in a lump sum within the first installment period, a deduction is provided on the total amount of tax and other debts due to it 2%.
The income tax of legal entities and legal entities for the income of the tax year 2019, with the exception of legal entities and entities that have been dissolved or have been liquidated., paid on 8 equal monthly installments instead of 6 doses, of which the first to the last working day of the following month from the deadline for submission of the declaration, and the remaining seven until the last working day of the next seven months. Especially for income tax returns of legal entities and legal entities, whose submission deadline has been extended to July 29 2020, the first installment is paid by the last business day of the month of July 2020 and each from the next to the last working day of the next seven months.
ENFIA, especially for the year 2020, if the tax determination act is issued within September 2020, paid on 6 monthly installments. The first dose up to and including 30 September 2020 and the last until 26 February 2021.