Home » Business » Over 5.5 Million Tax Statements Sent Out by Authorities, 73% Know Their Bill

Over 5.5 Million Tax Statements Sent Out by Authorities, 73% Know Their Bill

The tax authorities have already sent out 5,578,796 personal income tax statements since August. This means that 73 percent of taxpayers already know how much they have to pay extra or can withdraw. The tax authorities still have until June 30 to process the remaining 27 percent.

Of the 5.6 million settlements, 2,927,650 involve a refund to the citizen for a total amount of 3.9 billion euros. 1,785,848 people then have to pay an additional amount, amounting to a total of 2.9 billion euros. For 1,070,475 people there is neither an additional payment nor a refund.

The fact that the tax authorities are already at 73 percent is partly because more and more people received a proposal for a simplified tax return, whereby the tax authorities immediately send a completed tax return form with an accompanying simulation of a settlement. Only those who did not agree with this still had to respond.

The number of people with a simplified declaration rose to 3.9 million for 2022 income. These involved taxpayers with a stable income, for which the tax authorities already had all the elements needed to make the settlement, although it later turned out that this system still does not work flawlessly and that there were still many errors in the proposal.

Electronic

In addition, more and more others completed their tax returns electronically via Tax-on-Web, which also allows for faster processing. For the 2022 income, this already involved 3.4 million people. There were only 264,000 people who filed a tax return on paper.

Finally, the privilege of taxpayers who had their tax returns drawn up by an accountant was also abolished. Except in a number of specific cases, they also had to submit their 2022 tax return on July 15 this year, just like those who did so themselves via Tax-on-Web. Last year, they were initially given until September 30 to do this for their 2021 income. Later this was even moved to October 28.

Anyone who receives their settlement and needs to get money back will receive it at the end of the second month after the settlement.

The time at which someone receives their tax statement can vary from year to year.

You can still do this now to pay less taxes next year

After taxes, half of your end-of-year bonus remains. Unless you approach it like this: “1,500 euros becomes 3,750 euros”

Free unlimited access to Showbytes? Which can!

Log in or create an account and never miss anything from the stars.

Yes, I want free unlimited access

2023-12-22 05:00:13
#million #people #received #tax #settlements

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.