For businesses that have their financial year ending on 31 December, the deadline to submit the return of income and financial statements is 30 June.
As we approach the deadline to submit the return of income for any year and the financials for the year ended 31 Dec, it is likely that some businesses, for various reasons, may not be able to meet the deadline.
How to Request for Extension of Time to file Tax Returns| www.sra.co.tz
TRA’s new eFiling system can be accessed by visiting https://ots.tra.go.tz:8090/ (Read more about it here)
Step 1: In order to submit an application or view the status of submitted application, click on “Returns” menu where you will select “Individual Due Date Extension” for individual e-filer or “Entity Due Date Extension” for a declarant of the entity
Step 2: Select between making a new application of extension through “Apply Extension” submenu or viewing the status of your application through “Applied Extensions” submenu
Step 3: Click “Apply Extension” to view a list taxpayers and returns and select the intended company (For Declarants) and then click “View Returns”
Note: For individual the list of returns eligible for request of extension of time to file will populate right away after clicking “Apply Remission”
Step 4: Click “Request Extension” to initiate filling of information in respect of the application
Step 5: Fill in information in respect of proposed new due date and reason(s) for application
Step 6: After keying in information, click “Send Request” button to submit an application
After successful completion of the application, the system will pop up the message indicating successful submission of the request to TRA as depicted below
Step 7: View status of the request
Prior to being processed by TRA the system will indicate the status as “Submitted” as depicted in the screen below whereas once “Approved/Rejected” the system will indicate the status as appropriate.
DISCLAIMER
As always, anything on this site should not be relied upon in place of appropriate professional advice. Laws may change from time to time.
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