New deadline for declaring business income tax - Unified with DIVA, obligation until March 31
The tax administration has set a new deadline for businesses to declare their profit tax.
The General Directorate of Taxes announces that the date for declaring Profit Tax and DIVA 2024 has been unified.
Thus, like the annual business declaration, the DIVA or the 2024 Profit Tax declaration, will have a deadline of March 31, 2025. Failure to declare on time will result in a fine for taxpayers in the country.
The Simplified Profit Tax Declaration for taxpayers with turnover up to 8 million lekë, for which the deadline was February 10, 2025, is excluded from this deadline.
This year, the rules for declaring income through DIVA will be different than before. The Income Tax Law defines the categories of those who must declare their income to the tax administration. Specifically, an individual is required to file an annual personal tax return when their annual taxable income is more than 1.2 lek per year from all sources.
When he is in an employment relationship with more than one employer, regardless of the amount of income he receives from the employers. As well as when he has more than 50,000 lek of any other income that is not subject to final tax at source. Also, every natural person who carries out economic activity is obliged to submit an annual tax declaration for business income.
According to official data from the Tax Administration for 2023, DIVA was completed by 73,790 individuals, of which 24,224 individuals with income over 2 million lek, a threshold that was in effect until 2023, and 49,566 dual-employed individuals.
With the new threshold of 1.2 million lek, the number of individuals who have a declaration obligation reaches around 140 thousand employees.
In cases where individuals, for one reason or another, do not file their declaration on time, they are penalized with a fine of 3,000-10,000 lek.
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