Dáil Éireann Debate, Tuesday - 10 November 2020
322. Deputy Michael Creed asked the Minister for Finance the reason the deadline for AVCs to company pension plans has been extended until 10 December 2020 and which can be backdated against the 2019 tax year; his views on whether a similar concession should be extended to all taxpayers in view of the fact all taxpayers have been similarly inconvenienced by Covid-19; and if he will make a statement on the matter. [35183/20]
View answerI am informed by Revenue the filing deadline for the 2019 income tax return has been extended from 12 November to 10 December 2020 for self-assessed taxpayers who file and pay their tax returns online. This extension was one of many measures, implemented by Revenue as a response to the Covid-19 emergency, in order to aid and facilitate taxpayers in dealing with their tax obligations in 2020.
The extended deadline has also always been applied for the making of additional voluntary contributions (AVCs), which can be backdated against the previous tax year. That deadline is therefore also extended to 10 December this year.
Any taxpayer can avail of the extension to make AVCs to their pension, provided they both pay and files their tax returns online. This also applies to a PAYE worker who files a return via their Revenue account.
Those who do not pay and file using Revenue's Online Service (ROS) must have paid and filed by 31 October 2020.
