Along with the temporary closure of direct (face-to-face) services to prevent the spread of the Coronavirus, the Directorate General of Taxes (DGT) extended the deadline for paying taxes and reporting annual tax returns for individual taxpayers.
In its official statement, the DGT states that the deadline for annual SPT reporting has been extended from March 31, 2020, to April 30, 2020. This is to provide tax facilities and certainty to individual taxpayers.
“The relaxation of reporting and payment deadlines is given until 30 April 2020 without being subject to sanctions for being late,” said DGT, Sunday (3/15/2020).
Tax Return Period PPH Withholding and Collection
Meanwhile, for the tax return, period tax deduction/collection of the February 2020 tax period, the DGT provides relaxation of the reporting deadline up to 30 April 2020 without being subject to sanctions for the delay. However, the time limit for incentives remains in accordance with applicable regulations.
As is known, in accordance with article 7 paragraph (1) of the Law (UU) General Provisions and Tax Procedures (KUP), the submission of late tax returns will be subject to administrative sanctions in the form of fines. This is in the interests of orderly administration and increasing taxpayer compliance.
For annual income tax returns for individuals, a fine of Rp 100,000 is charged. For annual corporate income tax returns are subject to Rp1 million. The rest, there are tax returns for value-added tax (VAT) and other period tax returns, each of which contains a fine of Rp500,000 and Rp100,000 if submitted late.
How to Make Tax Reporting Easier?
Online tax reporting can still be done. However, for the calculation of tax reporting often makes people confused. Therefore, the role of tax consultants is needed.
Tax Consultants are the best choice for entrepreneurs, business people, and companies. Using a tax consulting service, you don’t need to be confused with file handling, the latest regulations, and other requirements.
Why should you use the services of a consultant? First, tax consultants can provide solutions to your tax problems. Second, you can save time and energy. Third, you can focus more on business and company administration. From now on, choose a professional tax consultant and have a friendly service with you.
We recommend that you use the Indo-Ned Consultancy service. Why Indo-Ned Consultancy? because this company has been running for 13 years in the fields of consulting, administration, business taxation, companies, and others. That is, the experience of the client’s problem is certainly very expert.
The information provided here is based on our long experience. The process or requirement may vary depending on the specific facts and conditions. Besides, the law and regulations in Indonesia subject to frequent changes. Please contact us as your consultant to get an up to date information and accurate advice. More news click here and You can also follow our social media accounts by clicking on the following links: Facebook, Instagram, Linkedin, and Twitter.