Taxpayers who submit their IRS declarations after the deadline—post-June 30—face not only a fine but also lose benefits available to those who fulfill this obligation on time.
DECO PROTeste warns that late submissions generally incur a penalty, although in some instances, taxpayers can benefit from a reduction.
“To qualify for a reduction, taxpayers must submit the declaration within 30 days past the deadline, by July 30, on their own initiative, and the delay should not cause harm to the Tax Authority. Under these conditions, the minimum penalty may not exceed 25 euros,” the consumer protection organization notes.
What if the supplementary deadline is missed?
If this supplementary deadline is also missed and the declaration is submitted within 30 days of receiving a notification of delay, the minimum penalty increases to 37.50 euros, calculated as 12.5% of the minimum fee for negligence cases.
However, this amount may rise to 112.50 euros if a tax inspection has commenced. For delays that significantly harm the state, fines start at 150 euros and can reach up to 3,750 euros, plus additional charges.
DECO PROTeste highlights that from 2024, penalties have become less severe than before: taxpayers who miss the initial deadline and do not comply within 30 days post-notification may retain the right to deduct certain pre-validated expenses such as general, family, healthcare, or real estate costs, provided they are validated in e-Fatura.
