To submit this form, ensure it is properly filled out with all required fields completed. You can send it via email to your tax authority or submit it online through their website. For physical submissions, mail the completed form to the address specified in the instructions section of the document.

Important dates for submission of this form in 2024 include deadlines for quarterly tax submissions. In 2025, ensure any proposed plans follow timely guidelines to avoid penalties. Keeping track of these dates is vital for compliance.

The purpose of this form is to allow businesses to propose a structured repayment plan for tax debts. It serves as a formal application to the tax authorities, outlining the financial realities of the business. This helps in negotiating manageable payment terms while ensuring compliance with tax obligations.

• 1. Taxpayer / Business Name: Identifies the entity applying for the repayment plan.
• 2. Tax Ref. No.: Unique identifier for tax purposes.
• 3. Business Address: Physical address where the business operates.
• 4. Contact Details: Includes telephone number and email for communication.
• 5. Details of Tax Debts: Detail periods and amounts of outstanding debts.
• 6. Payment Proposal: Outline a proposed repayment plan and schedule.
• 7. Bank and Financial Institution: Information regarding accounts and financial commitments.

Failing to submit this form may lead to penalties and increased financial liabilities. It can adversely affect your business's credit rating and relationships with tax authorities.

• Penalties: Late submissions may incur penalties.
• Increased Debt: Failing to address debts can lead to higher overall liabilities.
• Credit Impact: Non-compliance may negatively affect credit ratings.

• 1. Tax Negotiations: Business owners can negotiate payment plans with tax entities.
• 2. Debt Management: Use it as part of a debt restructuring effort.
• 3. Compliance: To maintain compliance with tax obligations.