Individuals must file income tax returns declarations by May 2 - the STS
The State Tax Service reminds that the following entities are obliged to submit declarations: individuals who received in 2018 income in the form of wages in two or more workplaces and other types of income and have obligations to pay income tax, as well as persons who intend to transfer interest payments to public or religious organization, even if they have no obligation to file a declaration. The State Tax Service reminds that in connection with the amendments to the Tax Code, 2018 is divided into two tax periods, with corresponding tax rates for each period: the first - from January 1 to September 31, the second - from October 1 to December 31. In the first period of the last year, there were two income tax rates - 7% (for income up to 33 thousand lei) and 18% (more than 33 thousand lei per year), and in the second period there was a single 12% rate. From January 1 to September 31, 2018, the annual personal exemption amounted to 11280 lei (respectively, for the first tax period - 8460 lei). In the second period - in the last three months of 2018 - personal exemption for individuals is 6 thousand lei (annual - 24 thousand lei). Accordingly, the size of exemptions for other categories (dependents, spouses, participants in military conflicts, etc.) has changed. The income tax declaration can be submitted on paper, in any territorial office of the Tax Service, by mail - sending the declaration form by registered letter to the tax department where the taxpayer is served, and also in electronic form, if there is a corresponding mobile / electronic signature. The State Tax Service calls upon taxpayers to fulfill their obligations to declare and pay income tax in a timely manner, otherwise they will be fined. Taxpayers who have an overpayment of income tax for 2018 may redirect these funds to pay income tax for the following periods, or write a statement about the return of the overpaid amount. STS has prepared training videos on how to fill out declarations. In addition, at the end of April and at the beginning of May, the STS units will work according to a special schedule: April 20-21, April 27 and May 1 - from 09:00 to 15:00; April 22-26 and May 2 - from 08:00 to 19:00; April 30 - from 09:00 to 17:00. // 19.03.2019 - InfoMarket.