20 February 2021: Deadline for submitting revised tax returns for tax years up to and including tax year 2015.

 We strongly recommend that any revised tax returns are submitted by Friday 19/2/21.

For tax years 2016 and onwards, taxpayers can submit a revised tax return within 3 years from the submission deadline of the relevant tax return.

Revised tax returns can be submitted for:

• claiming a relief, deduction or tax credit;
• correcting an error; and/or
• being consistent with the provisions of the tax laws.

As per the relevant Circular issued by the Tax Authorities, the revision of tax returns should be made by submitting Form TD001AN2020, which is currently available only for individuals.

Irrespective of the above, a revised tax return cannot be submitted during a tax examination/audit of a taxpayer’s matters.