Obligation to submit an Income Tax Return for 2023
The tax department has recently announced that the Income Tax Return for 2023(“T.D.1 form”) for employees, pensioners, and self-employed individuals who do not prepare audited financial statements for the year 2023 is now available for electronic submission via the TAXISnet system.
Ιt is noted that according to the Decree of the Council of Ministers (KDP 184/20223), the obligation to submit an Income Tax Return for 2023 arises when the annual gross income exceeds the amount of €19.500.
Deadline – Extension of the submission date of Income Tax Return
The tax department has announced that, based on a Decree of the Council of Ministers dated 21st of June 2024, the deadline for the submission of the T.D.1 form for the year 2023 and the payment of any tax due is extended up to 31st of October 2024.
Previously, the deadline for the submission of the T.D.1 form for the year 2023 and the payment of any tax due was on 31st of July 2024.
How can we assist you?
Our Tax Team can assist you with the preparation and submission of the Income Tax Return for the year 2023 and the administration of the tax payments.