One of the worries when September arrives and the school year begins is that the tax authorities will has not yet made us the income tax refund. It is normal to be concerned when the Income Tax Return Last year's tax return was refunded, but this time of year has come and the payment has not yet been made, especially for those who made their tax return in April and have been waiting for a longer period of time.
What can you do in case the Tax Agency still has to you have not received your income tax refund.? From Exim Asesores we are going to give you some guidelines and information so that you are not worried and know how to proceed.
How long does the tax authorities have to make the income tax return?
On 30 June last, the deadline for filing the Income Tax Return. However, the tax authorities have been making refunds since the very beginning of the campaign in April.
Although it is usual for returns that are refunded to be paid within a few weeks, depending on a number of factors the process may take longer than expected, from the complexity of some returns to the fact that the taxpayer has debts with the administration.
In fact, the Treasury has until 31 December of this year to making an income tax return. If the tax office does not decide before that date, you will have to pay interest for late payment from 1 January until the date on which the refund is made.
By 2023, the interest on arrears The interest rate is 3.75%. This does not need to be claimed from the tax authorities, as the interest is applied automatically.
What to do if the tax authorities have not refunded your income tax?
The first thing to do is to make sure that What is the status of our income tax return? already submitted.
This can be done by going to the website of the Tax Agency in the section “Income Tax Campaign 2022” and checking the status of your tax return.
- Your declaration is being processed. You may get the familiar “Your return is being processed” message, in which case there is nothing we can do until the tax office resolves the case.
- Your statement is being checked. It means that the data in the income tax return is being verified.
- Check the amount. In these cases, you may receive a message stating “the declaration has not been recorded or is in process. Check the amount”. This means that there has been an error in submitting your tax return. You should go to a tax office or talk to your tax advisor to try to solve the problem.
- Your declaration has been processed. When the Inland Revenue has processed our request for a refund, the website will indicate that the return has been processed. If the amount of the refund we have requested is accepted, the phrase “the refund requested by you is deemed to be accepted, without prejudice to any checks that may be carried out subsequently by the Tax Agency” will also be indicated.
- Non-compliant. When the Tax Agency is not satisfied with the details of the income tax return, it will display a message saying “your return has been processed and is not deemed to be in conformity”. In this situation, the usual procedure is to make a request to check the data.
- Your return is being checked. This is one of the common cases in which an income tax return has not yet been paid, and it is because the Tax Agency has detected that there are debts with the administration, so they are checking what amount they should deduct from the part that should be returned to you, and at the end of the process it is possible that you may not even get anything back if the debt is greater than the amount to be returned.
What to do if I have still not received my income tax refund
Our advice is to wait until the end of the period available to the tax authorities to receive your income tax refund.
In case your Renta is in one of the above statuses, such as “non-compliant” or “your return is being checked”, then you should speak to our advisors to try to solve the problem.
If your tax return appears as processed, but not compliant, and you receive a request via an electronic notification, it is important that you act quickly to respond to what the Tax Agency is asking you to do. If you have filed your income tax return with us, you can tell us the request made to you by the tax authorities so that we can help you to deal with the problem..
In case there is no resolution yet, it is advisable to stay calm and wait until 31 December., Until the file is checked or the deadline has expired, you will not be given a solution. From 1 January of the following year, if there has been no resolution and there are no debts with the administration, you can write to request the payment of the rent again, which the Treasury will have to resolve and pay with interest for late payment if everything is correct and the amount is refunded.
