Provisional Tax Assesment 2024 Corporate Income Tax
The tax authorities recently sent out the preliminary corporate income tax assessments for the 2024 financial year.These assessments are based on past data and therefore may be incorrect. If the company has not received a preliminary assessment or has received an incorrect preliminary assessment,
Preliminary assessment too low?
If the company pays too little tax on the preliminary assessment during the year, we advise you to report a change to the preliminary corporate income tax assessment to the tax authorities. This prevents you from having to pay a lot of tax + interest afterwards. We can adjust the preliminary assessment
for you. By obtaining a correct preliminary corporate income tax assessment for 2024, you can avoid an additional payment with 10% tax interest afterwards.
No preliminary assessment yet?
If the company has not yet received a preliminary assessment and is expected to pay tax, you do not have to wait for the final assessment to be imposed. We can apply for a preliminary assessment on your behalf. The company then pays a monthly amount of tax. These amounts are taken into account in the final tax calculation.
Please note! No deferral of payment in the event of a reduction of the preliminary assessment.
Of course, it is also possible that the preliminary assessment has been set too high. The preliminary assessment can then be reduced. We can also be of service to you with this.
No deferral of payment will be granted for outstanding preliminary assessments. If we change the preliminary assessment for you, the tax authorities will process that request within a few weeks. In practice, this means that you only have to pay one more instalment before the preliminary assessment has been adjusted by the tax authorities.
We recommend that you always pay the first payment instalment(s) on time and only reduce the amount of your payment after you have received notification from the tax authorities. This will prevent any fines.
If you have any questions regarding the above or would like to report your changes, please contact your contact person within FSV.
In case you have already been in contact about the above, you do not have to respond to this post or only respond if the company’s situation changes during the year.