With one month until the extended deadline we want to remind all who both pay and file online to take advantage of building up your pension fund while availing of your relevant tax relief on this amount.
In recognition of the challenges being experienced by businesses and tax practitioners caused by Covid-19, the Revenue on 17 September 2020 announced an extension to the Pay & File deadline for self-assessment income tax customers from 12 November to 10 December 2020.
This also gives you until the payment and file date of 10 December 2020 to make a pension contribution and elect in your tax return to backdate against the 2019 tax year.
In order to qualify for this extension date, you must both pay and file through ROS. there is no change in the deadline of 31 October 2020 for tax payers who file on paper rather than online through ROS.
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