The State Budget and some changes introduced during the year have brought changes that need to be taken into account when filling in your tax return. The deadline is tomorrow. Here are the most important rules.
Deadlines: Three months to file your tax return.
The period for filing the 2024 income tax return runs from 1 April to 30 June. Families eligible for automatic filing with the IRS have a simplified process and receive refunds more quickly. In general, those who file their tax return earlier will receive their refund sooner, provided the tax authority deems the return correct.
Many taxpayers can already file an IRS return automatically. These include those with earned income and pensioners. This year, the scope of eligible taxpayers will be further expanded, but the official regulation setting out the rules has not yet been published.
After submitting the IRS return, taxpayers can check its status on the IRS’s online portal. This check is crucial as errors may need to be corrected, potentially delaying any refund. If the return is marked ‘correct’ and a refund is due, the tax authority has until 31 August to process the payment.
