One of the most frequently asked questions is, "How long does it take for the tax authorities to refund my tax refund?" Although the tax authorities promise that the money will be returned within 5 days, many people wait longer to receive their refund.
Today we are going to explain why this happens
Every year, a large number of people who file their tax returns receive a refund. As is normal, many people expect this money to be deposited into their accounts within about 5 business days; however, many do not receive the money within that timeframe.
This begins to arouse anger among people, who, far from taking things calmly and seeing their case separately, begin to get angry.
Credit balance for taxpayers in 5 days
Although the tax authorities have repeatedly stated that refunds will be available to taxpayers within 5 days , this only applies to those who are salaried employees. In other words, the 5-day timeframe was created to encourage people who don't usually file tax returns to do so.
Automatic return
Automatic refunds , which are granted to individuals who file their annual tax return on time, apply exclusively to tax credits related to external taxes and not to taxes levied on the activities of individuals, nor to cases of sale or provision of services. The enjoyment of assets is also excluded.
The importance of the annual declaration for employees
However, by law, there are fixed deadlines for the tax authorities to refund your money, including any overpayment. It's important to be aware of these deadlines, whether you file your tax return annually or not.
The law stipulates that, if everything is in order with our tax return and no irregularities are found, the money can be deposited into the bank account within a period of no more than 40 days from the date on which the taxpayer requested the balance in their favor from the tax authorities.
Hacienda can modify this date
Yes, the tax authorities can modify this date if they deem it necessary to request proof from the taxpayer regarding the origin of the tax credit. In other words, they can request evidence from the taxpayer to verify the accuracy of their tax return , and the taxpayer then has a maximum of 20 days to submit all the required documentation. Among the things the tax authorities may request are: taxpayer information, reports on the data provided in the tax return, or any other additional information they consider necessary to verify the source of the funds. Even if the taxpayer submits all the documents, the tax authorities may decide not to release the funds if they find the information provided to be untrue.
If everything is correct and the person delivers all the data correctly, the Treasury has a few days to give the money after the documents are delivered.
If the taxpayer submits all the required documents but the tax authorities still need more to verify the source of the funds, they will be given a new 10-day period to submit the additional documents requested. If, after this period, the tax authorities are still unable to verify the source of the funds, the application will be automatically denied.
Other cases that may delay your return
If you have a lot of mistakes
In the event that the taxpayer presents an income statement in which it is clearly seen that he has errors in the data it contains, the Treasury has the authority to ask the taxpayer to clarify in writing and within a period of 10 days. data found on said paper and to deliver them.
These errors can be of any kind, from a problem with the bank account for the refund (i.e., the numbers do not match those already held by the tax authorities) to personal data that the tax authorities already have about that person.
In the event that the problem is in the numbers with the amounts to be returned, the Treasury will not ask the taxpayer for clarification and will return the actual amount marked by its system, without having to call the taxpayer to make a supplementary declaration.
As you can see, the tax authorities can extend the payment deadline far beyond the 5 days and even the 40 days stipulated by law, provided they can demonstrate that the tax return filed by the taxpayer is incorrect.
If two weeks pass after you file your tax return and the tax authorities haven't contacted you, there's likely no problem with your return and you simply need to wait for the money to be automatically deposited into your account. Remember that if no one contacts you requesting further documentation, you have 40 business days by law to receive your money.
What happens when you reject my return but do not tell me why
While not the norm, this has happened, leaving people awaiting their refunds unsure where to turn for help. In fact, many people have their refunds rejected without the tax authorities notifying them , only finding out when they initiate a claim.
If you encounter this problem, you have the right to appeal, as the tax authorities are legally required to notify you that your tax return was rejected and explain the reason. In this case, you must file an appeal with the tax authorities to request an explanation of why your return was rejected and what documents they need to verify the information. You will also have 20 business days to submit the required documents.
In the event that hacienda does not enter your money within the current year, the payment must be made in the same way, however hacienda must add to the amount already stipulated a payment of 3,75% in interest.
How to claim a rent refund
It is not possible to file a claim with the tax authorities as such, since the platform does not allow this step; however, we can review our tax status and see that everything is still correct, because as we have said above, sometimes the tax authorities reject the refund but do not notify the taxpayer.
So that you know where your claim is, we are going to talk to you about the messages that may come out
Declaration pending
This option comes out when our document is already at the farm, however, they have not yet reviewed our request.
Declaration with amount in process . Check the amount.
This comes out when errors have been detected in our income statement. Normally in these cases, the declaration must be completely redone or if we are still in time, contact the Treasury to verify the errors.
Recorded declaration and data verification.
This indicates that the farm is reviewing the income statement
Income declaration processed
In this case, it indicates to us that the declaration has already been processed and the Treasury agrees with the data and the refund requested. In this case, we can only wait for the farm to tell us what day our money will be deposited into the account.
Your return has been issued
Your money has already been issued. If within 10 days you have not received the amount you expected, you must go to your administration with the information of your tax address; however, it is not usually necessary since the farm has issued the payment.
What if my payment never arrived
The best option is to come to our nearest tax office, where those responsible for the place will be able to tell us what the status of our account is or why we did not receive the payment and how we should proceed.
If the tax office ignores you or gives you the runaround, you can, as a last resort , file a complaint with the Spanish Tax Agency (AEAT). To do this through their platform, you must have a digital signature; otherwise, you won't be able to complete the process.
Although this will not expedite the payment, since there is nothing to expedite it, we will receive a message from us that will tell us what is really happening with our process and whether or not we will receive said payment, although the wait, in the end, is the same for everyone.
