For any of you who have not made an Italian tax return (and should have) the Italian tax authorities are allowing you until 29th December to file a late return. There is a small fine (25 euro) plus interest to pay on the tax due.
But all-in-all far better than the fine for not making a return at all, which costs a minimum of 258 euro but can be as high as 240% of the tax due. The fine is doubled for those who are under an obligation to keep accounts – basically those running a business.
Should you have made an Italian tax return?
If the answer to any of the above is yes, then you probably should have made a return.
If you wish to check this with us, contact us here.