2019 Personal Income Tax (PIT) Payments Due dates

In-Year and End of Year Data Submission and Payment Due Dates for PITYes, it is another end of year preparation for most countries across the globe.Are you ready to reconcile and submit your data, accurately and on time?Employers are obliged by local Revenues to submit their end of year data on time. Moreover, for those countries with self-assessment statues, employers need to make sure that their employee’s final figures are correct so that the employees can submit their data with no issues.
This week, we are reminding you of some countries who should be planning their year-end submission and payments to their local Revenues, by these due dates.
Countries | PIT Return Due Dates | PIT Payment Due Dates | Employer must submit payments for |
---|---|---|---|
Australia | 31st October | 28 October | Quarterly PAYG |
Botswana | 30th September | N/A | PAYE |
Gibraltar | 30th November | 30th November | PAYE |
Ireland | 31st October- 15th November | 31st October- 15th November | E-Filing |
Mauritius | 30th September | 30th September | PAYE |
Pakistan | 30th September | 30th September | Four payments |
Sri Lanka | 30th September | 30th September | PAYE |
Trinidad and Tobago | 31st October | 30th April | PAYE |
Watch Out!
What happens if you fail to pay on time?
Like any other tax offices, when employers or individual (self-assessment) doesn’t pay the correct tax amounts in any Revenue’s fiscal year without authorisation for the delay, the Revenue will penalise you for late payments. The Revenue will evaluate the underpayment amount plus late penalty fees and ask the employer or the individual to pay up or face other rigid penalties like imprisonment or community services plus a request for the late payment including an additional late interest fee.
Either way, you as an individual or employer will have to pay the dues plus other consequences.
So, don’t be late! Pay accurately and on time
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