What happens if I submit my tax return late?
September 15, 2022 | 40,00 EUR | answered by Anneliese Schaaf
Dear tax consultant,
My name is Petra Fritsche and I have a question regarding my tax return. Unfortunately, I have realized that I have already missed the deadline for submitting my tax return. I am worried about the consequences this could have for me and how best to proceed to resolve the situation.
I have always submitted my tax return on time in the past, but this year I made a mistake and missed the deadline. I am unsure if I will now face penalties or other consequences. I also wonder if this could worsen my relationship with the tax office and if it could have implications for my future tax returns.
I am willing to submit the tax return as soon as possible to avoid any potential issues, but I am unsure if this is sufficient or if I need to take further steps to resolve the situation. Therefore, I would greatly appreciate your support and advice on this matter.
Could you please explain to me what happens if I submit my tax return late and what actions I should now take to rectify the situation? Thank you in advance for your help.
Kind regards,
Petra Fritsche
Dear Mrs. Fritsche,
I understand your concerns regarding the delayed submission of your tax return and would like to help you resolve the situation. First of all, I want to assure you that there are usually no fines for submitting your tax return late. However, the tax office may charge you a so-called late filing penalty. This penalty is usually 0.25% of the assessed tax per month of delay, but no more than 25% of the assessed tax.
It is also important to know that submitting your tax return late does not necessarily have to worsen your relationship with the tax office. As long as you submit the tax return as soon as possible and pay the late filing penalty, no further consequences should be expected.
To resolve the situation, I recommend that you submit the tax return as soon as possible. You can refer to the extension deadline that you automatically receive if you have hired a tax advisor. If you do not have a tax advisor, I recommend that you contact the tax office promptly and explain the reasons for the delay.
It is important that you communicate transparently and cooperatively with the tax office to avoid misunderstandings and resolve the matter as quickly as possible. If you need further assistance or have any more questions, I am at your disposal.
I hope that I could help you with this information and wish you success in resolving the matter.
Best regards,
Anneliese Schaaf
