Treasury warns: if you can’t pay, this is what happens

Treasury warns: if you can’t pay, this is what happens

We are at the gates of April and there are only a few days left until the campaign most awaited by many citizens: the income declaration. from theApril 11 and until June 30, taxpayers will have to face the “dreaded” period in which they settle accounts with the Tax Agency to resolve whether throughout thefiscal year 2022 they have contributed to the public coffers more or less than they were entitled to.

When submitting the income statement, three things can happen: that the citizen has paid less money than he was entitled to and must pay the difference; that he has paid more than he was entitled to and must receive the difference from the Tax Agency or that it comes out at €0 i I don’t have to do anything.

In the event that the Income statement go out to “pay”, the taxpayer may find himself with a significant debt with the Treasury that he has difficulties to face.

I owe a lot and I have no money

The mismatches in the income statement occur because, throughout the fiscal year (in this case 2022), the taxpayer has not paid the sufficient amount of thepersonal income tax. In the case of salaried workers, this amount is deducted monthly from the payroll as personal income tax and is a percentage on salary of employee

Although it is forbidden for the payroll deduction to be less than what corresponds to the taxpayer, sometimes a mismatch occurs when the citizen has earned income from two or more jobs or when he changes jobs halfway through the exercise.

When faced with a significant debt with the Treasury that we cannot assume at the moment, the Tax Agency offers two solutions: split the payment or postpone the debt.

Divide the payment of the income statement

The first option to deal with the payment of the debt with the Treasury after making the income statement is to split the payment: the Administration allows split the payment into two parts: the first, the 60% of the amount to be paid when the campaign ends; and the second, the 40% to be paid in November.

To opt for this payment facility, you must select the option of ‘Installment payment‘ in the ‘Declaration type’ box and indicate how the second amount will be paid next to the account number in case it is debited.

Postponing the tax return debt

The postponement of the debt, for its part, is more complex than the installments: the Administration allows it to be requested when the economic and financial situation of the taxpayer prevents him from paying in the established periods and it can be requested by selecting the option ‘Not fractional‘ in the ‘Declaration type’ box and as payment method ‘Acknowledgment of debt with request for postponement‘.

Afterwards, the Tax Agency will decide whether to grant it or not: for the Treasury to accept the deferment of the debt, the applicant mustbe aware of all payments and have no pending notifications.


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