September 24 2020

COVID-19 Pandemic: IRD Extends Filing Deadline for Profits Tax Returns

Source: IBFD Tax Research Platform News

The Inland Revenue Department (IRD) has extended the deadlines for filing profits tax returns for 2019/2020 with Accounting Date Code D and Code M for 2 weeks as follows:

  • for Accounting Date Code D (i.e. accounting date between 1 December 2019 and 31 December 2019), the filing deadline is extended from 15 September 2020 to 30 September 2020; and
  • for Accounting Date Code M (i.e. accounting date between 1 January 2020 and 31 March 2020), the filing deadline is extended from 16 November 2020 to 30 November 2020.

The announcement was made in a circular letter issued by the IRD to tax representatives on 9 September 2020, which is available here.