This Income campaign 2023 is underway, and thousands of taxpayers in Spain have already submitted their returns. For those following along, a common question is how soon the Treasury will issue the refund. The Tax Office sets a maximum period of six months to deposit the refund, counted from the end of the Income Campaign, which finishes on June 30, 2023. In practice, refunds often arrive well before this deadline, because the sooner the declaration is filed, the sooner the money lands in taxpayers’ bank accounts.
It is important to note that if the Tax Office misses the deadline, affected taxpayers can file a claim. Overdue interest accrues at 4.0625% of the total amount owed. With this in mind, paying attention to dates and actively tracking the return for the 2023 income campaign is essential.
Agent made a mistake on my Income Statement: Treasury tells you what to expect
To verify the refund amount, readers should check box 595 in the draft under the section titled “Share from self-evaluation.” If the result shows a negative figure (meaning a refund), the amount will appear with a minus sign (-). It is also possible to opt for payment by check, but the refunded amount will typically be sent via bank transfer to the account provided in the submitted draft.
What if the income statement is negative?
In any case, if the 2023 refund experiences a delay, the status can be checked through the draft or the declaration processing service (Renta WEB). The service explains how the process works. In the event of an unusual delay, it is also possible to contact the Tax Office to request payment and to understand any next steps.
If you do this in the income statement, it is the fine you can get from the Treasury.
Submitting the income statement for 2023 as soon as possible helps secure the refund sooner. If the refund is delayed, affected taxpayers are entitled to claim the corresponding default interest. Therefore, staying aware of deadlines and following the 2023 refund process is essential for a smooth experience.