IRS Refunds average increase of 60 euros – publico

 
         

                 

                         
                     

                         

                 

 
 

Since the Tax and Customs Authority (TA) started to process IRS refunds this year, have been returned to taxpayers EUR 827 million to last Friday, May 27. According to data submitted by the Ministry of Finance, was paid more than 160 million than in the same previous year, with an “increase the average reimbursement of 60 euros.”

of 1 April (the first day of delivery of statements) until 27 May (a few days to finish the second stage of delivery of statements), the tax authorities had processed 2,264,785 statements, more than 765,800 during the delivery period comparable last year.

the amounts of the refunds should correspond mainly to the payment of the first delivery stage, who declared only income from dependent or pensions work. This first phase took place from 1 to 30 April and the AT began to make the first repayment 25 days after the first date of delivery. The second phase – for the other income categories – began May 1 and ends Tuesday and is still mostly being processed by the tax administration. According to the IRS code, the tax must be paid by the tax authorities until 31 July.

The Government already had an increase in repayments. Even in February, in an interview with Business Journal , the Secretary of State for Fiscal Affairs, Fernando Rocha Andrade, predicted that the state reimburse this year over 200 million than last year. Why this difference? “The previous government underestimated the cost of the family quotient and also the health and IRS deductions, so these reimbursements, in principle, will be more focused on families with children, who had excessive IRS collection in relation to what was in the law “said the minister at the same newspaper.

the vast majority of statements are made on the Internet and” gradually “pensioners and workers on behalf of others who have no income to declare (who today delivers the IRS in the first phase) will no longer deliver the tax return.

the Government signed this measure in the new Simplex program, providing for implementing it in the first quarter of 2017, although it is not clear whether the automatic IRS will be in full already ground next year. The idea is that the tax “payable or receivable” is calculated based on the information that is “sent directly” to the tax authorities, without presenting the declaration. For those who receives income from other categories, nothing changes compared to the current regime.