There will be no extension of the deadline for declaring and paying the 2024 property tax and the third Income Tax quarterly prepayment (IQP3). With only four days left to December 31, deadline, 67% of those concerned with property tax have declared, but only 39% of them have paid. Rwanda Revenue Authority (RRA) has, therefore, renewed its call to concerned taxpayers, who are yet to declare and pay their taxes, urging them to do so to avoid the likely penalties and late payment interest. ALSO READ: Declare your immovable property tax today to avoid procrastination RRA announced that all its offices countrywide will remain open over the weekend, a move aimed at facilitating taxpayers in registration, declaration and payment of property tax for the year 2024. We encourage all those concerned to declare and pay their property tax as soon as possible since the deadline remains on Tuesday, 31/12/2024. After this date, taxes not paid will attract penalties and interests, said RRA Commissioner General, Ronald Niwenshuti. Jean Paulin Uwitonze, Assistant Commissioner for Taxpayer Services and Communications, while appearing on the national broadcaster on Saturday, December 28, renewed the call, urging all concerned taxpayers to be responsive. With only four days left to the deadline, 67% of those concerned with property tax have declared, but only 39% of them have paid. We remind taxpayers of their responsibility to declare and pay immovable property tax to avoid procrastination and other related repercussions. Declaration and payment have been made easy for anyone to do so from their homes or businesses, Uwitonze said. Property declaration can be made through the RRA website (www.rra.gov.rw) by clicking on decentralized taxes, log-in with your TIN and password. It can also be done by dialing *800# and follow the prompts. Payment for the declared tax is made through Mobile Money, Airtel Money, Mobicash, mobile banking and internet banking. Taxpayers who fail to declare their taxes on time or provide incorrect information will be subject to a penalty of 40% of the tax owed. If the tax is not paid on time, interest of 1.5% per month will be charged, along with an additional 10% of the tax due. However, this additional penalty cannot exceed Frw 100,000. Uwitonze further urged those with unregistered immovable property to visit the nearest RRA offices for support or call the toll-free line 3004 for further assistance. Equally, he urged those concerned with the third IQP to race against the deadline to declare and pay the due amount of tax. The calculation is based on income earned over the three-month period of July, August, and September 2024.
