If the declaration turns out to be returned, that is, when the declarant has contributed more than his share and it is the treasury who must pay him, The Treasury has stipulated deadlines.
These dates depend largely on when the taxpayer filed the Income Tax return, the amount that must be paid or the complexity of checking that all the data entered is correct.
When does the Treasury return the money?
Normally, the Administration begins to return the money 48 hours after the start of the campaign and they usually make payment to taxpayers within 30 days since the confirmation of the draft.
However, payment can be delayed beyond this period. The Tax Agency You have a period of 6 months from the end of the campaign to make the payment. If the last day to file returns is July 1, the Treasury has time to pay taxpayers with a favorable result until December 31.
What if 6 months pass and they haven’t returned my money?
If they have not done so within that period, payment with interest can be claimed making a written request for the return of the self-assessment corresponding to the 2023 financial year, in this case.
This ‘sanction’ that the Tax Agency imposes on itself is called interest for delay. In this specific exercise, Legálitas highlights that the late payment interest for the year 2024 is 4.0625%.
In addition, the Tax Agency specifies on its website that taxpayers with final results to return you can check the status.
The consultation is carried out by accessing your file through the Draft/declaration processing service (Renta WEB). In general, the refund is made by bank transfer.
#long #Treasury #pay #refund #Income #Tax #return
