The IB47 form is used to report to the tax authorities that you have paid amounts to third parties. This form has also had to give way to the digital declaration of this data.
Before 1 February
Declaration of amounts paid to third parties must be made by 1 February. The in 2016 amounts paid out by you have, if all goes well, before 1 February 2017 passed on to the Inland Revenue. That could still be done on paper.
The in 2017 amounts paid out, you must by 1 February 2018 passing on. This cannot be done on paper, but must be done digitally. There are two ways you can make this digital declaration:
- with software;
- With the input application.
For both ways, you need to register in advance at the Tax Office. You must do so even if you have previously declared amounts paid to third parties.
Mandatory?
Whether the declaration of amounts paid to third parties is legally required is the question. We address this question in our article “Declaration of amounts paid to third parties” (see below).
The Inland Revenue uses your statement to check the completeness of the income tax return of the person(s) to whom you have made payments. For the recipient, this income must be included in the income in box 1 as income from other activities.
Volunteer
For amounts paid out within the norms of the volunteer scheme, you do not need to file a declaration. The volunteer does not have to include these receipts in the income tax return in box 1. Except when the volunteer receives voluntary allowances from several bodies and the total of these receipts exceeds the maximum amounts of the volunteer scheme (€150 per month and €1,500 per year).