How do I extend the tax deadline?

What is the last date for income tax in 2025?

Yes, the ITR due date was initially extended to 15th September, 2025. And it was later extended to 16th September, 2025, thereby making the return filing due date for FY 2024-25 16th September.

What if I miss the tax filing deadline?

If you file your taxes late and owe money, you'll incur penalties and interest—and any benefits or credits you qualify for might be disrupted.

Can we file a tax return after the deadline?

If you missed filing a return within the original deadline, you can file a belated return within 31st December of the relevant assessment year. If you miss this deadline too because of genuine reasons then you may file a condonation of delay request and ask the income tax authorities to condone the delay.

What is the maximum penalty for filing a late tax return?

The failure-to-file penalty is usually five percent of the tax owed for each month, or part of a month that your return is late, up to a maximum of 25%.

Can I extend my filing deadline?

How to ask Companies House to extend your filing deadline. By far the most straightforward way to request a filing extension for your annual accounts to Companies House is to apply online.

Is there a deadline for personal tax returns?

When is the tax deadline for 2024/25? October 31 — that's a Friday. But that's only if you're lodging your tax return by yourself. If you're planning to lodge through a registered tax agent, then you'll have a little more time to submit due to different lodging schedules.

How do I create my own extension?

Step 1: Build the app or extension

1. On a computer, create a folder for the app or extension files, naming it the same as the app or extension name.
2. Create the manifest. Using a text editor, create a JavaScript Object Notation (JSON) file. ...
3. In the app or extension folder, save the file as manifest. json.
4. Create the logo.

Does a tax extension affect my refund?

Filing an extension will delay any refund until the return is filed. If you choose not to file a return because you feel you don't earn enough to meet the filing requirement, you may miss out on receiving a refund for potentially eligible tax credits. Until you file your return, you can't receive your refund.

What happens if I do a late tax return?

In addition to a fine, the ATO can also apply General Interest Charges (GIC), on any amount still owing. Note: The rate for GIC changes quarterly. At the time of writing this article, the rate is 10.61% per annum (October – December 2025).

What is the penalty for late tax payment?

What is the penalty for late payment of income tax? The penalty for late tax payment includes interest under Sections 234A, 234B, and 234C and possible late fees under Section 234F. Interest is charged at 1% per month, while late filing fees can be up to Rs. 5,000.

What is the time limit for belated return?

A belated return is an ITR filed after the original due date, under Section 139(4) of the Income Tax Act. Taxpayers who missed the due date can file until December 31 of the assessment year or before the assessment completion, whichever comes earlier.

What happens after the Oct 15 tax deadline?

If you miss the October extended tax filing deadline, you'll have failure-to-file penalties that are retroactive to your original filing date (typically October 15) and, potentially, failure-to-pay penalties retroactive to the original payment due date (typically April 15) if you still owe taxes.

What are common reasons for late filing?

Sheer laziness is a common reason for late or non-filing, and a simple assessment of human nature makes it quite clear why. Unlike car payments or utilities (which trigger immediate consequences for falling behind), there are few if any explicit reminders to pay your income taxes.

How to file a delayed income tax return?

Step-by-step guide to filing ITR after the due date

1. Step 1: Collect all necessary documents: ...
2. Step 2: Navigate to income tax e-filing portal: ...
3. Step 3: Enter required details: ...
4. Step 4: Fill in the required information: ...
5. Step 5: Compute tax and pay dues: ...
6. Step 6: Submit your ITR form. ...
7. Step 7: E-verify your return:

How long will HMRC give me to pay?

How much time will I get? This does depend on the circumstances. HMRC will usually agree that you can pay it back over 6-12 months.

How much does HMRC charge for a late tax return?

If your tax return is late, you will be charged an automatic penalty of £100, even if you do not owe any tax. If the return has not been filed within three months of the deadline, a further daily penalty of £10 per day is charged. This goes up to a maximum of £900.

What is the maximum late filing fee?

Section 271H (Penalty for late filing of TDS/ TCS returns)

If you are responsible for deducting or collecting tax at source (TDS/ TCS) and you fail to file the applicable returns on time, Section 271H applies. Under this section, the penalty ranges from Rs. 10,000 to Rs. 1,00,000.

Is the due date for income tax return extended?

To ensure a seamless and hassle-free return filing experience for taxpayers, the deadline, which was earlier set for 31st July 2025, has now been extended to 16th September 2025. An official notification to this effect will be released separately.

What date is the end of the tax year 2025?

5th April 2025

This is the last day to claim any reliefs or allowances from the current tax year.