Gruia Dufaut

THE UNIQUE TAX RETURN: BONUSES ARE FINALLY POSSIBLE

THE UNIQUE TAX RETURN: BONUSES ARE FINALLY POSSIBLE

Last updated: 9 July 2019


The National Agency for Tax Administration has adopted, through the Order no. 1369 of the Ministry of Public Finances published in the Official Gazette no. 479 from June 12, 2019, the proceedings for bonuses granting for online filing, by electronic means of the “Unique Tax Return” on income tax and social insurance contributions due by natural persons as well account payments of the tax liabilities due in 2018, by means of the same unique tax return.

Are qualified for such bonuses granting, under certain conditions, tax liabilities declared through the unique tax return on the estimated income in 2018 as well as on the income earned in 2018. Thus, the bonuses granted decrease the amount of tax liabilities calculated on the submitted tax return.



TAXPAYERS BENEFITING OF THIS PROCEDURE


According to the Order no. 1369/2019, this procedure applies to:


  • Natural persons having submitted the unique tax return regarding income tax and social insurance contributions by electronic means by July 31st 2018, according to the Tax Procedure Code;


  • Natural persons having made account payments on the annual self assessed income tax, social security contribution and health insurance contribution for 2018 and declared by means of the “Unique Tax Return”, by December 15th 2018;


  • Natural persons having earned annual income in 2018 and having submitted by electronic means only the Unique Tax Return regarding the income tax and social insurance contributions due on the estimated income, by July 31st 2018.



TAXPAYERS BENEFITING OF THIS PROCEDURE


The amount of the bonuses is calculated by applying a 5% rate either on the declared tax liabilities related to the self assessed income in 2018, or on the tax liabilities related to the income earned in 2018, as the case may be. It is important to note that under certain conditions the two bonuses can be cumulated.
Furthermore, the above-mentioned bonuses can also be granted, under certain conditions, for tax liabilities resulting from amended returns submitted by July 31st 2019, as well as for the amounts due under tax returns further to a tax inspection, transmitted before or after July 31st.

BONUS GRANTING PROCEDURE


The bonuses are automatically granted by the central tax authority after July 31th by means of a decision transmitted to the natural person by the issuing authority.

The bonus for tax liabilities relating to the declared self assessed incomes in 2018 is granted provided that at least 95% of the amount of the declared tax liabilities had been paid by December 15th 2018.

On the other hand, the bonus for tax liabilities resulting from the incomes earned in 2018 is granted if the following conditions are cumulatively met:

  • The Unique Tax Return has been submitted by July 31st 2018 by electronic means;

  • The difference between the declared tax liability relating to the income earned in 2018 and the bonus applied to the incomes earned in 2018 had been paid until July 31st 2019.



Natural persons who do not qualify for bonuses under the legal provisions shall be informed about this only if they have an account in the Virtual Private Space.

It is also important to note that the bonus granting procedure also applies if the tax liabilities in question were paid by other legal means than voluntary payment, such as set off of the tax liabilities.
Natural persons having paid their tax liabilities in full without priory applying any bonus can request refunding of the extra amounts paid by filing a request with the central tax authority.

As far as bonuses granting in 2019 is concerned, the legal provisions in force make no mention of it. Nevertheless, one thing is for sure: the Unique tax return must be submitted online or in printed form with the relevant Tax Administration by July 31st 2019 latest.

****

We hope that this information was useful to you!







On the same subject

Subscribe to our newsletter

Please tick the following box to subscribe to our newsletter

We use cookies to ensure the proper functioning of the website and to increase the performance of its content, as well as to analyze traffic and improve the browsing experience of visitors, but also to help users perform various activities without having to to re-enter information when browsing from one page to another or when they return to the site later. By choosing the options below, you express your explicit agreement to store the cookies you have selected. Read the Cookies Policy Click here.


Close Accept