When will the Treasury return the money from the 2021 income statement?
Once the income statement has been filed, the big question for many people is when will the refund money arrive.
Although the income statement is presented every year, the truth is that the same doubts always arise. Sometimes because of the changes that occur, sometimes because of simple forgetfulness and sometimes because of the desire to see the results as soon as possible. But 2021 is a different year and it is worth remembering some important aspects about.
Yesterday The 2020 income campaign was opened and the return can be submitted until June 30. As always, depending on how the year has gone and the withholdings, it will be time to settle accounts with the Treasury, either to pay or to return.
It should be remembered that last year there was a speed-up in the return of the income statement due to the situation that was being suffered: in 2020 in a few days a good number of taxpayers already had the income in their accounts.
As reported South newspaper, in 2020 79% of the total was returned when only three days had passed since the end of the term to present the declaration, about 7,574 million euros. This was a good sample in terms of the times handled, since it usually has a greater margin.
The Tax Agency has six months to pay taxpayers once they have presented the income tax return, but it should be noted that they usually do it much earlier, although depending on the year and the situation may vary, even in the Autonomous Community.
As a general rule, it is expected that once the submitted return is approved, in one or two weeks the income is in the account and in this way the year is closed with the Treasury. Times that, if fulfilled, will surely make many people happy, even more so with the economic crisis that continues to cause the coronavirus pandemic.