Annual income tax return filing period begins

//

Lerato Khumalo

Income taxpayers will be able to submit their annual returns regarding earnings earned last year between 1-31 March.

According to the information compiled from the Revenue Administration (GİB) data, the income tax return filing period for the earnings earned in 2025 begins.

Income taxpayers who are taxed in real form due to their commercial, agricultural and professional activities will be able to submit their annual income tax returns electronically.

Taxpayers whose income consists only of wages, rent, movable capital income or one or more of other earnings and revenues will be able to fill out their annual income tax returns easily and safely through the “Digital Tax Office (Ready Declaration System)”.

In this context, real estate owners who earn at least 47 thousand liras of annual rental income from housing in 2025 will pay income tax. Those who earn rental income below the exemption amount will not submit a declaration.

It is important that the declarations be submitted between 1-31 March.

IT CAN BE PAID IN TWO EQUAL INSTALLMENTS

Taxpayers will be able to pay their taxes on the Revenue Administration’s “gib.gov.tr” website, through the Digital Tax Office and the Revenue Administration mobile application, through debit-credit cards or accounts of contracted banks, or with cards of banks operating in foreign countries. Branches of contracted banks can also make payments through alternative channels such as internet, telephone and mobile banking, as well as PTT branches. Payments can also be made from all tax offices.

The income tax accrued on the annual income tax returns to be submitted regarding the earnings earned in the 2025 calendar year can be paid in two equal installments in March and July. The first installment, including stamp duty, can be deposited until 31 March, and the second installment can be deposited until 31 July.

If the declaration that must be submitted electronically is not submitted within the legal period, special irregularity fines will be imposed on taxpayers. Additionally, if the tax is not accrued on time, a tax loss penalty and delay interest will be applied.

5 PERCENT DISCOUNT FOR COMPLIANT TAXPAYERS

Income tax payers and some corporate taxpayers who have commercial, agricultural or professional activities that meet the conditions specified in the Income Tax Law can benefit from a 5 percent tax deduction.

In order to benefit from this, the tax returns for the year to which the deduction will be calculated and the last two years before this year must be submitted within the legal period. In addition, it is required that there be no additional, ex officio or administrative assessments regarding the tax types in the tax returns, provided that they are finalized within the specified period.

It is important that the taxes accrued on the tax returns within the scope are paid as of the date of submission of the declaration for which the discount will be calculated.