When is it necessary to correct the return?
A correction to your tax return should be submitted when any errors are revealed on your completed form, already submitted to the tax authority. The correcting return is intended to amend the content of the originally submitted tax return.
By submitting a corrected return, the first version is not taken into account by the tax authority. In the event of an audit, the first version will also be disregarded and only the form already corrected will count.
You have until the end of the limitation period, i.e. up to 5 years, to submit corrections. As a rule, however, corrections are filed as soon as you become aware of any errors.
How to file a corrected return?
For a return correction to be valid, it must consist of two elements. The first is a tax return marked not as a filing of a return, but as a correction of a return. The second element is a written statement setting out why the correction is being made.
Remember to submit the relevant documents on time. Otherwise you may suffer unpleasant consequences. In the worst-case scenario, you could be charged with a criminal fiscal offence. Also, do not forget to pay any arrears, if any, as interest can be high and therefore unpleasant for your wallet.
How will you find out if a correction is needed?
The tax office checks each return to avoid any errors in the returns. If it already finds data that needs to be corrected, it can choose one of two options. The first is an independent correction. The office performs it when the change in the amount of the tax liability does not exceed PLN 1,000. After making the necessary corrections, it sends the corrected form back to the taxpayer, who has 14 days to file an objection. If such an objection is not received, the office waits for the payer to make a financial correction.
However, if the change in the amount of the tax liability as part of the adjustment exceeds PLN 1,000, the tax office asks the payer to make the adjustment and to submit a justification explaining the reasons for the errors.
Which print to choose for proofreading?
The correction is always submitted on the same form on which the tax return in force for the year in question, which now has to be corrected, was submitted.
Note that not all form revisions can be submitted electronically without an e-signature. Some will require just such a signature and some can only be submitted in traditional paper form. So remember to find out what will be appropriate for your tax return.
How to avoid this confusion?
The best way to avoid filing a correction is not to make mistakes. This is obvious, but sometimes difficult to avoid. After all, it is possible for everyone to make a calculation error not out of malice, but out of sheer fatigue. It can also often happen that errors arise due to insufficient knowledge on the subject of tax returns. How can this be avoided?
The simplest solution is to delegate the task of completing your tax return to a professional accountancy firm. Reliable accountants will handle your return quickly and efficiently and reduce the risk of any errors to a minimum. You will not have to worry about any calculations or any corrections. Everything will be handled for you correctly and on time.
Our office can help you with any tax return. Apply to us and see how we can support you. Whether you run a business or not, whether you are an individual or not, our accountants can advise you and take care of your finances.
