The tax portal is overloaded, but there is no risk of penalties for late filing

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People and companies can fulfill their obligation until midnight via the data box or the My Taxes portal. At the same time, Thursday is the last date for paying the tax. Those who file their returns through a tax advisor or attorney have until July 1 to file. The deadline for filing returns in paper form expired a month ago.

Due to a heavy load on the My Taxes portal, it slowed down or became inoperable on Thursday evening, the Financial Administration reported. At the same time, she stated that the law remembers such situations. “If you don’t have time to file your tax return by midnight tonight, thanks to the grace period, you won’t face any fines or late interest,” the office assured.

Electronic filing is mandatory for everyone who has a data box set up by law and had business income last year. But people can also choose this form voluntarily. The electronic return must be submitted in the prescribed form in .xml format, it is not possible to scan the paper form and send it via data mailbox. In the My Taxes portal, people can find an interactive form that pre-fills some data, points out errors or missing attachments.

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Last year, the electronic form of filing prevailed over the paper form for the first time, when 66 percent of taxpayers used it. This year, the financial administration expects a further increase in this share to 73 percent. By Sunday, the Financial Administration had received 2.2 million tax returns, of which 1.43 million were in electronic form.

If the tax return is submitted five working days late, there is no penalty. Subsequent penalties for each day of delay are 0.05 percent of the tax paid or 0.01 percent of the determined tax loss for each subsequent day of delay. The maximum penalty is five percent. If the tax return is not submitted at all, even after a request from the authority, the fine is a minimum of 500 crowns and a maximum of 300,000 crowns.

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The article is in Czech

Tags: tax portal overloaded risk penalties late filing

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