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Further extension for current year loss cases with "M" code accounts

Realising that the work schedule of tax representatives is affected by the recent outbreak of the novel coronavirus, for tax representatives that have submitted extension requests for 2018/19 loss cases in accordance with the Block Extension Letter dated 11 March 2019, the due date for those “M” code cases is further extended to 28 February 2020.

This further extension is granted subject to the condition that the Profits Tax return to be lodged shall show an allowable loss.