Last chance to maximise your tax reliefs as deadlines loom

Tomorrow, October 31, marks the deadline for filing income tax returns for 2013, but as with previous years, Revenue grant an extension to filing tax returns in the case of individuals who both pay the appropriate tax and file their return online using Revenue’s ROS system.

This year’s extended deadline is November 13. Interestingly the extended deadline doesn’t apply to partnership returns. Last year it was suggested that the filing deadlines could be moving to mush earlier in the year with dates of June and September suggested.

The rationale behind the suggestion was that the Government would have better information on which to base their budgetary decisions if the filing deadline for income tax returns was in advance of budget day.