Businesses that collect Pennsylvania sales tax will not have to make Accelerated Sales Tax (AST)Prepayments in April, May or June of 2020, the Department of Revenue has announced. That means businesses that normally have a monthly prepayment requirement will not be charged penalties for missing the prepayment deadline during this three-month period. This change is being made to assist the business community during the COVID-19 pandemic.
Under this new scenario, the department is asking businesses to simply remit the sales tax that they collected during the prior month. The due dates to remit sales tax will be April 20, May 20 and June 22, which follows the standard due dates for monthly filers who have no prepayment requirement.
Visit the Department of Revenue’s website, www.revenue.pa.gov, for more information.