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Key facts:
• In 2019, around 196 thousand. the population benefited from a higher than tax-free income (NPD);
• Excessive use of NPD creates an obligation to file an annual personal income tax return and pay the resulting tax difference to the budget;
• To inform the population in good faith of the obligation to declare income due to excessive NPD, the ITS sends advance reminders;
• Applications for support from residents who must file an annual tax return will not be considered but will not do so before July 1.
“Reminders about the obligation to file an income statement are sent through the My STI system. Residents who do not file returns before July 1 will not be able to support their organizations and other elected beneficiaries; your requests for support will not be considered, “says Stasė Aliukonytė-Šnirienė, Director of the STI Department of Fiscal Responsibility.
NPD is a certain amount of income received by a resident, which is not subject to income tax (hereinafter PIT). The applicable NPD amount is determined by the total amount of the resident’s annual taxable income. Under a variable NPD, a person with a lower income pays a lower income tax and a person with a higher income pays a higher income tax.
“The NPD amount directly depends on the amount of wages received, but if the resident has received other taxable income during the year, the NPD is recalculated at the end of the year. If it turns out that the higher than the NPD is used, the resident has to pay the tax difference to the budget. Such ‘mismatches’ occur, for example, when a resident works at a job where his monthly NPD is applied, but in the same year the resident receives additional income, takes another job, or calculates a higher NPD when wages fall due to a disease. Therefore, a higher annual NPD is calculated for him in the workplace per year, ”says Stasė Aliukonytė-Šnirienė.
In 2019, the NPD ceases to apply if monthly pre-tax earnings amounted to € 2,555 (annual earnings reached € 30,660 before taxes). It is possible to check if the excessive annual NPD has not been applied and, as a result, no additional income tax has arisen using the calculator http://www.vmi.lt/cms/metinio-neapmokestinamojo-pajamu-dydzio-skaiciuokle developed by the STI.
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