The electronic portal myAADE for submitting tax returns for personal income for the year 2025 will open on Monday, March 16, and will remain available until July 15. This season introduces more pre-filled data, which includes new codes in form E1 and reductions in living standards. However, there are several traps to be cautious of, particularly regarding properties, back payments, and professional activities that may lead to tax issues if not handled carefully.

The tax discount available for individuals opting to pay their taxes in one lump sum depends on the timing of their submission. A discount of 4% is offered for filings made by April 30, 3% for those before June 15, and 2% for submissions completed by July 15, provided that tax payments are made by the deadline for the first installment, which is July 31.

Before submitting their returns, taxpayers are reminded to review pre-filled information closely and add any necessary details such as interest from bank deposits, to avoid potential complications or errors during processing. Awareness of these aspects is essential to ensure accurate and beneficial tax return submissions.