This Tax Administration Refunds on Income Tax returns from those who pay more are faster and faster.n 62.7% of submissions. will be at the end of 2022 It returned more than 9 billion 600 million euros to approximately 13.5 million taxpayers. personal income tax 2021’swhich was filed for liquidation last spring. However, a few months into the new campaign, as of April 11, there are still about 350,000 taxpayers who have not received their refund corresponding to the previous return.
What are the reasons?
The most likely case is that it hasn’t been paid yet because the refund process is ongoing. a particular check or inspectionas reported Tax Discountvirtual tax advice.
In any case, in case of tax return, self employedThe Tax Office delves into deeper issues. That’s why he usually analyzes. possible irregularities in the transmission of income or expenses or performing verifications when these expenses do not correspond to the relevant professional activity. it may be there wrong dataRevenues or unrecognized expenses that do not correspond to revenues handled by the Treasury.
can it be consulted?
The status of our application can be checked on the website of the Tax Office. The Treasury offers this service to taxpayers in the 2021 Revenues section, which can be accessed via electronic certificate on the website to check the status of the declaration. With PIN key or reference number of our sketch.
“Your return is being processed”, “Your return is being verified” or “Your return has been processed by Tax Management bodies” are the most common messages taxpayers may encounter. And depending on the final processing of the application, different situations may arise. On the one hand, the result pay and not return. In this case, there may or may not be a penalty for the taxpayer, depending on the type of error that creates this inconsistency in the result.
On the other hand, it may be possible for the result to be returned but less than the taxpayer declared. In this other case, the Tax Office will only have to pay interest on the portion arising from the liquidation. In other words, according to reports from TaxDown, if 300 Euros were claimed and the taxpayer was eventually entitled to a 50 Euro refund, this interest would only be applied to the final amount owed. Finally, the refund amount may indeed be correct and the Tax Office may have been late in paying. In this case, the Treasury will have to pay the taxpayer interest for the period of time to make the refund.
What is the late fee?
Taxdown CEO Enrique García said, “While it’s not uncommon for Treasury to be late, it does happen sometimes. The personal income tax law itself provides for this delay in article 103. This provision specifies that payment will be made “within six months following the expiry of the deadline set for submission of the declaration”. So on January 1, 2022. And if submitted after the deadline, “these six months will be calculated from the due date.”
These late fees will be 3.75% per year from the expiry of the six-month period to the date of issuance of the payment order. This interest rate is determined by the Government in the State General Budget Law and has not changed in the last seven years.