Tourist tax returns and payments are due by the first of the month and are considered late after the 20th of the month following each reporting period, whether you are filing on a monthly or quarterly basis.
Payments sent by mail must be postmarked by the 20th to be considered on time. Please note that even if you do not have any rentals during a reporting period, you must still submit a zero return on time to avoid any penalty and interest charges.
Penalties and Interest
- Penalty: If you file your return or make a payment late, a penalty of 10 percent of the amount of tax owed, or minimum $50.00, may be charged. The minimum penalty applies even if no tax is due.
- Interest: Interest accrues daily at a variable rate established by the Florida Department of Revenue.
- Loss of collection allowance for all late payments.
Collection Allowance
If you remit electronically and on time, you can take a collection allowance of 2.5% of the tax collected, with a maximum allowance of $30.00 per month.
Example
Amount Description
$1000.00 Rent
$60.00 Tourist Tax
$1.50 Collection Allowance (2.5% of $60.00 tourist tax)
$58.50 Total due (tax amount of $60.00 less collection allowance of $1.50)