Tax returns for the prepayment of income tax and self-employment income tax must be filed by no later than 31 March of the current year for the previous year.
Income tax prepayment calculation and the calculation of personal income tax prepayment on income from self-employment
A return must be submitted electronically through the eDavki portal. Taxable persons must complete the required tax return (parts of annexes) having regard to the method of determining their tax base in the current tax period (normally a calendar year).
Taxable persons wishing to change the method of determining their tax base after 1 January of the current year must indicate the selected method for determining their tax base in their tax returns for the prepayment of income tax and self-employment income tax filed by 31 March of the current year. This should be done by ticking the appropriate box in point VII of the tax returns for the prepayment of income tax and self-employment income tax:
- If they click the box VII.A, they must enclose with their tax returns the notice of assessing their tax base on the basis of actual income and flat rate expenses for the next tax year by which they guarantee that they will meet the statutory conditions for using this method of taxation.
- If they click the box VII.B, no flat rate expenses are included and no additional clarification is required. In this case, the taxable person concerned has the obligation to keep books of account as of 1 January of the following year.
Payment of tax based on tax return
Taxable persons who determine their tax base by taking into account flat rate expenses must pay the difference between the income tax prepayment (prepayments effected during the year) and the personal income tax on income from self-employment as calculated in the tax return within 30 days from the date of submission of the tax return. The personal income tax on income from self-employment is not included in the annual tax base (i.e. is a final tax).
Taxable persons who determine their tax base by taking into account actual expenses must pay the difference between the preliminary income tax prepayment (prepayments effected during the year) and the personal income tax on income from self-employment as calculated in the tax return within 30 days from the date of submission of the tax return. This tax income tax prepayment is deducted from the current annual tax liability in the final income tax assessment.
The submission of a new tax return entails a change in the preliminary prepayments or prepayments (hereinafter: prepayments) for the current period, which also entails a change in the prepayments already made on the basis of the preliminary tax return (e.g. for January and February). In the case of higher prepayment amounts under the new tax return, taxable persons must pay the difference to the full prepayment amount with the first next prepayment (e.g. if the tax return for the previous calendar year was filed in March, taxable persons must pay the difference for the prepayment for January and February when making a (new) prepayment for March, i.e. by 10 April). If according to the new tax return the amount of tax prepayments is lower, the excess prepayment amounts will be refunded (or offset against any tax debt) within 30 days of the date of submission of a new tax return.
The income tax prepayment must be made to the state budget through the transitional tax account, i.e. state budget account no. SI56011008881000030, payment reference code SI19 DŠ-40002.
When you are not able to submit your tax return on time
If for justifiable (unpredictable and inevitable) reasons a taxable person cannot submit a tax return within the prescribed period, the tax authority may, upon the taxable person's request, allow the tax return to be filed after the expiry of the prescribed time limit. Taxable persons must state justifiable reasons for the delay in their request. Taxable persons must submit their request within eight days from the day on which the reason for delay ceased to exist, but no later than within three months of the date of expiry of the time limit for submitting the tax return. A tax return filed in this way is deemed to be filed on time.
Did you know?
The Financial Administration receives more than 100,000 tax returns for the prepayment of personal income tax and self-employment income tax each year.