For M-Code Loss Cases & Other Filling and Payment Deadlines
In relation with the coronavirus outbreak, the IRD has now announced that they will grant block extension to 28 February 2020 for tax representatives that have submitted extension request for 2018/19 loss cases. In accordance with the Block Extension Letter dated 11 March 2019, under the condition that the profit tax return to be lodged shows an allowable loss.
It should also be noted that the government previously announced the closure of IRD office from 29 January 2020 until 02 February 2020, as part of the special work arrangements for government staff. In conjunction with this, the IRD indicated that tax payment and certain other deadlines were automatically extended until 03 February 2020 due the to temporary suspension of IRD services. The above extension under the Block Extension Scheme is additional to this.