96 tal-2000 - Regoli tal-2000 dwar il-Formola ta' Dikjarazzjoni tat-Taxxa fuq l-Income

L.N. 96 of 2000

INCOME TAX MANAGEMENT ACT, 1994

(ACT NO. XVIII OF 1994)

Income Tax (Declaration Form) Rules, 2000

IN VIRTUE of the powers conferred by section 57 of the Income

tax Management Act, 1994, hereinafter referred to as "the Act", the

Minister of Finance has made the following rules:-

(l) These rules may be cited as the Income Tax

(Declaration Form) Rules, 2000.

(2) These rules shall come into force upon their

publication in the Gazette in respect of the year of assessment

commencing on the 1st January, 2000 and of subsequent years of

assessment.

(Rule 2)

Declaration Form

(in lieu of an Income Tax Retum and Self Assessment)

for the Year

(Year of assessment

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Personal Details

Complete only if printed information IS missing cr incorrect

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10 NO.lRef No.

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Surname

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Name

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House NoJName

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Street

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Locality

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Postcode

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Country

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Spouse Details

This section applies to married persons only

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10 No_fNo.

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Surname

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Name

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Malden Surname

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DatI of Marriage

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Tax Status

Your current status known to the

If your status has <:hanged lick the appropriate box

depar1ment

o o o DO

Date of change

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Dec laration - Send thIS DeclaratIon ONL Y 'f you satisfy at least one of the falla, Ing conditions

Condition A

Condition B

This 15 satlsfled rl

ThiS is satisfied I' your Income (and, J1 married, that of your spouse) was

denved solely from one or more of the follOWing sources

your Income (together with that 01 your spouse, rl marned) did

1. EmoIu_nts, SlbJ9d 10 lax dedJctlon under the F, .... Settlemeri Syslem

not exCMd Lm4000 (In the case of a marned couple with a JOInt

1. computation or a single parent) or Lm3000 (for each spouse, in

(e.g. income from fu11-time or part-time employment or from pensiOns).

I~nt Income, from which tax was withheld at source at the rate

2. the case of married couple with a separate computation, or In the

of 15%.

case of single persons); and

p.'

Dtvkiends, paid by companIes resident In Malta

2. no

of your Income was derived from a trade, buSiness,

The form to be made under subsection (4) of section

12 of the Act by individuals to whom the said section applies shall,

for the year of assessment commencing on the 1st January, 2000

and for subsequent years of assessment, be according to Form DF in

the Schedule hereto.

Beneftts payable uncler the Social securtty Act, even where no

profession or vocatIon, or from a capital gcun

tax has been dedJc1ed

"-1-t_ ..If-employment, nol exceeding Lm3000 and on which lax

5,

at 150/0 has been paid by the 15th February of thiS year

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I declare that, to the best of my knowledge, i satisfy at least one of the conditions set out above

and hereby opt to submit thIs Declaration Form in lieu of my Income Tax Return and Self

Date

Assessment for the Year of Assessment

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Spouse's

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Signature

Signature

ThIs Declaration is to ce completed and forwarded so as to reach the Inland Revenue Department by the date shown below. The Declaration,

duly filled and signed by you (and, Wmarried, by your spouse) w~1 be considered as the return which you are required to file in terms of

the Income Tax Acts.

Kindly refer to the explanatory notes overleaf to determine whether you are eligible to complete this Declaration. The Department raseMls

the right to request a complete Income Tax Returr.lrom any individual submitting this Declaration.

Acting Commissioner of Inland Revenue

Attach Ie this Decknbon ell.upporling Documents ... [---,

This declaration must reach the

(FS3~dEanWlQs). Pleeseindi:alerumber ,1

of sepsmIe FS3'. and pension ~ 1IIIt8ched.

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Inland Revenue by 30th April,

.

Use of the Declaration Form

for the Year

Explanatory Notes

The following notes will explain WHETHER OR NOT you are eligible to submit the Declaration Form instead

of the Income Tax Return and Self Assessment otherwise required to be filed for the year

To be eligible for this choice you must satisfy at least ONE of the cond~ions Aor B indicated

on the Declaration. These conditions are further explained below

Explanation of the SOISces of income mentioned under Condition A

all remuneration received from an employment or office including wages, salaries, bonuses,

allowances, overtime pay, directors' fees and pensions subject to tax deduction at

source under the Final Settlement System. Attach a copy of the FS 3 supplied by ~r

employer In respect of each source.

any interest, discounts, premiums, and other investment income in respect of which tax was

deducted at the rate of 15% in tenns of Section 33 of the Income Tax ftd.. (A full Income tax

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retum should be filed where a refund

being claimed In respect of this soun:e).

distribution of proMs, by companies residing in Matta, which are subject to tax in the hands

of the company but are paid out as dividends net of tax to the shareholders. (A full Income

tax retum should be nled where a refund Is being claimed In respect of this soun:e).

this term includes pensions and all other benefrts payable under the Social Security Act.

These payments are not taxed at source but they are still taken into account in computing

your amount of chargeable income. Attach a copy of the annual stlt...m forwarded

to you by the DIrector of SocIal Services, If you are submitting this Declarlltlon Form

this source refers to income from part-time self-employment which qualifies for the fixed

rate of tax of 15% under section 90A of the Income Tax Act. Mhough such income arises

from a trade, business, profession or \lOcation you may st~1 be entitled to subm~ a Declaration

Form instead of a return. In facl you may do so if the amount of income from this source

did not exceed Lm 3000 for the year

and the relative tax was fully paid by

15th February

To satisfy this condition your chargeable income (and, where applicable, that of your spouse)

must fall below the tax free bracket appropriate to your case • and MUST NOT INCLUDE any profrt or loss arising from

a trading, business, professional, vocational activny or a capnal gain.

Lm 3000 for single persons

Lm 4000 for married persons (joint comp\.tation)

Lm 3000 each for married persons (separate comp\.tation)

Lm 4000 for single parents

You need not indicate whether you opt for a separate or a joint computation. The Department will deem that you have taken

the option which, according to the infonnation available, is more advantageous to you.

The Declaration duly signed should reach the Commissioner of Inland Revenue,

Floriana CMR 02, Malta by not later than 30th April

late Declaration Fonns will

not be considered valid, in which case you will still be required to file a retum and self

assessment by not later than 30th June