The Inland Revenue Department (IRD) today reiterated that all individuals and businesses registered for income tax must submit their 2024/2025 Year of Assessment returns online by November 30, 2025.
The Department warned that failure to meet the deadline may lead to legal consequences under the Inland Revenue Act No. 24 of 2017, including penalties, interest and possible audits against defaulters.
Taxpayers across all categories, individuals, corporations, partnerships and other registered entities, are required to comply. The IRD said its online e-filing portal is fully operational for the submission of returns.
The IRD urged those facing difficulties to contact the helpline at 1944 or visit the nearest regional office for assistance.
As a reminder, this filing requirement applies even for those under the simplified Individual Income Tax (IIT) scheme, or those required to submit corporate or partnership income tax returns for the 2024/2025 assessment year. (Newswire)