ISTD urges full remittance of 2023 salary deductions

The exterior of the Income and Sales Tax Department in Amman. (Photo: Twitter)
(File photo: Jordan News)
AMMAN — The Director General of the Income and Sales Tax Department (ISTD), Hussam Abu Ali, urged company directors and establishment owners to ensure that financial managers and accountants fully remit the deducted amounts from employees' salaries and wages for the year 2023 to the ISTD. He emphasized the importance of accurately remitting and electronically entering these deductions for each employee according to their monthly salary certificates, affirming the need for monthly remittances throughout 2024.اضافة اعلان

Abu Ali highlighted that delays in remitting deductions not only incur legal penalties on tardy companies but also hinder the disbursement of refunds to eligible workers, as deducted taxes must undergo auditing before refunds can be processed, Al-Ghad reported.

Furthermore, he stated that taxpayers subject to tax return filing for 2023 must electronically submit their income tax returns and pay declared amounts promptly, stressing the importance of accurately filling out returns to reflect their actual income from business activities.

He clarified that taxpayers exceeding the specified exemption limits, JD9,000 for singles and JD18,000 for married individuals, for any income source, including salaries and wages, must submit an income tax return annually.

Abu Ali also noted that income tax deductions from monthly salaries and wages by employers do not exempt individuals surpassing exemption limits from filing annual income tax returns. Additionally, retirees with monthly retirement salaries over JD2,500 are encouraged to submit income tax returns for 2023.


Read more National news
Jordan News