News & Updates

Important Update: Extension of Deadline for 2024 Personal Income Tax Returns

Dear Clients,

We would like to inform you that the Tax Department has announced an extension for the electronic submission of personal income tax returns (Form T.D.1) for the tax year 2024.

This extension applies to:

• Employees
• Pensioners
• Self-employed individuals who are not required to prepare audited accounts

New Deadline: 15 October 2025
This deadline applies to both the submission of the tax return and the payment of any tax due.

Please note that submissions or payments made after this date will be considered overdue and will incur:

• A fixed penalty of €100
• An additional 5% tax
• A further 5% surcharge
• Interest until the amounts due are fully settled

The Fairfax Payroll team is available to provide guidance, and support should you require any clarifications regarding your tax obligations.

Kind regards,
Your Fairfax Payroll Team

accounts@fairfaxpayroll.com