![]() Upplýsingar á íslensku Conditions for postponement Operating difficulties Additionally the postponed payments of half the deducted withholding taxes on wages and payroll taxes for February 2020 may also be postponed further.įurther postponement and payment distribution must be applied for from Iceland Revenue before 15 January 2021Īn application site for the postponement of due dates has been launched on the service website of the Tax Authorities ![]() If an employer who has postponed payments in 2020 suffers significant loss of income in 2020 compared to earlier operating years, he can request further postponement and distribution of the payments that have previously been postponed, until the 15 th day of the months June, July and August 2021. The postponement of due dates and final due date payments may be requested to 15 January 2021 on the fulfillment of certain conditions. These must be due to deducted withholding taxes on wages and payroll taxes with a due date from 1 April up to and including 1 December 2020. Postponement of due dates for withholding tax and payroll taxĪs a part of the Covid-19 Relief for businesses as a response to the economic effects of the coronavirus pandemic, employers may apply for a postponement of up to three payments.
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