The income tax return for the year 2017 should in principle be filed before May 1st2018. This return is governed by the Income Tax Act 2001.
Postponement of filing date
If you cannot get all the information you need before May 1st 2018, we can arrange to postpone your filing date. You will then be covered by the “becon-uitstel” regulations, which apply only if postponement is requested by a tax consultant.
What does “postponing your filing date” mean?
If your filing date is postponed, the tax authorities may use your income in 2016 and the 2016/2017 estimate that we complete on your behalf as the basis for levying a provisional assessment. A provisional assessment is levied in advance of the final assessment and will in most cases be less than or the same as the final assessment.
For how long can you postpone filing?
The deferral scheme for tax consultants (=becon-uitstel) may allow you to postpone filing your return until May 1st 2017. If, however, the special postponement scheme applies, your final filing date may be sooner. Please note that if you were to file for postponement of your return yourself, you would only be granted a postponement until November 1st. You should, however, provide us with the information required for the return by 1 November 2018 as we cannot otherwise guarantee timely filing.
Are there any disadvantages if I postpone filing?
If it turns out, once your final assessment has been established, that tax is still payable, the tax authorities will charge interest on the amount you still have to pay. The interest rate applying as from January 2013 is:
|Year||1e quarter||2e quarter||3e quarter||4e quarter|
|2018||4 %||4 %|
|2017||4 %||4 %||4 %||4 %|
|2016||4 %||4 %||4 %||4 %|
|2015||4 %||4 %||4 %||4 %|
|2014||3 %||4 %||4 %||4 %|
|2013||3 %||3 %||3 %||3 %|
|Jaar||1e quarter||2e quarter||3e quarter||4e quarter|
|2012||2,85 %||2,3 %||2,5 %||2,25 %|
|2011||2,5 %||2,5 %||2,75 %||3 %|
|2010||2,5 %||2,5 %||2,5 %||2,5 %|
|2009||4,9 %||3,5 %||2,75 %||2,5 %|
|2008||5,3 %||4,75 %||5,15 %||5,45 %|
|2007||4,7 %||5 %||5,25 %||5,40 %|
|2006||3,5 %||3,75 %||4 %||4,25 %|
|2005||5 %||5 %||5 %||5 %|
Paying interest is obviously unpleasant, but you could also look at it from a different point of view. Where else can you borrow money at such a low interest rate? And if you can manage to lend this money to someone else at a higher rate of interest, you will even be making a profit.
If you think you are going to get money back from the tax authorities, you are recommended to file the return as soon as possible. You will then receive your money back sooner. We therefore give preferential treatment to returns for clients who expect to get money back.
Filing for postponement Tax Return Income Tax 2017
Please let us know as soon as possible if you want us to arrange for the filing of your income tax return to be postponed: email@example.com
We need certain information from you to complete your return. You can download the Income tax Checklist here. Use this to make sure you provide all the information needed: download the Checklist Income Tax 2017©