THE FINANCIAL ADMINISTRATION WILL EASE AND SIMPLIFY PAYMENTS FOR TAXPAYERS

#114Anyone who has not requested the employer to perform the annual settlement or has not submitted the required documents, has the obligation to file a tax return of type A by April, 2nd 2024

An employee with income solely from dependent activities in 2023 has the right to request their employer to carry out the annual settlement of advances on income tax from dependent activities by February 15, 2024. Failure to adhere to this deadline or meet the requirements for submitting necessary documents obligates the individual to file a Type A tax return by April 2, 2024.

For employees with income only from dependent activities who do not have additional tax obligations (e.g., rental income, winnings), an annual settlement is possible. These individuals must submit a written request for settlement no later than February 15, 2024, while adhering to the prescribed form.

If an employee worked for multiple employers who paid taxable income, a request for annual settlement can be made to any employer by February 15, 2024. In addition to income confirmations from other employers, the employee must present additional documents proving entitlement to tax benefits.

Employees interested in allocating 2% or 3% of the paid tax to another recipient can, through a request for annual settlement, ask the employer to issue a certificate of income tax payment from dependent activities. This certificate is a mandatory attachment when declaring the allocated amount, with a deadline for issuance set for April 15, 2024.

In summary, it can be stated that for employees who earned taxable income solely from dependent activities in 2023, there is an opportunity to carry out the annual reconciliation of income tax prepayments. The crucial deadline is February 15, 2024, by which these individuals can request their employer to perform this reconciliation. If an employee has multiple employers, they can choose any of them for the reconciliation. For those who do not have additional tax obligations, this annual reconciliation serves as an opportunity to simplify their tax situation. Adhering to deadlines and requirements for submitting necessary documents is crucial for the proper execution of this process.

Additionally, individuals wishing to allocate 2% or 3% of the paid tax to another recipient can utilize a request for a certificate of income tax payment, which is essential for declaring the allocated amount up to 2% or 3% of the paid tax by a natural person. In case of failure to comply with the specified deadlines or meet the requirements, it becomes the obligation of the concerned individual to submit a Type A tax return by April 2, 2024. Therefore, it is important for employees to pay attention to these aspects and adhere to the legislative deadlines.