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“As of today, transfers to the population accounts will be made every business day, according to a random list,” says Stasė Aliukonytė-Šnirienė, Director of the Department of Tax Obligations of the State Tax Inspectorate of the Ministry of Finance, and notes that until July 31.
The STI will reimburse the overpayment of taxes to all residents who have filed their tax return on time and correctly.
According to the latest data, 786,000 have already filed income statements with EDS. population. More than 551 thousand. residents have filed declarations with the amount of GPM reimbursable, they will be reimbursed about 120 million euros About 164 thousand. The population presented declarations with the amount of GPM to pay, they will have to pay 62 million. EUR GPM.
Last year, 691 thousand. The population’s STI returned approximately 105.5 million. Overpayments in EUR GP1, and 391 thousand. declared population more than 176 million. personal income tax (PIT) to pay.
The STI recalls that overpayment of taxes is refunded when the resident has filed or reviewed all mandatory income tax returns from the previous year, as well as, if necessary, property tax returns.
Overpayment of taxes occurs in cases where residents pay insurance premiums for the benefit of themselves, their spouse, minor children, or disabled children over the age of 18 under life insurance contracts; pension accrual contributions; interest on a mortgage loan (obtained before January 1, 2009). Also in cases where residents pay for studies leading to a higher education or first qualification, or repay a loan received for studies. If a student does not have the opportunity to exercise this right, the parents or the spouse can do it for him or her.
This year, for the first time, residents can recover part of the GPM and the amounts paid last year for the benefit of their own spouse’s work in finishing buildings and other structures and any repairs (except modernization of apartment buildings); car repair; childcare services for minors. The total amount of all costs cannot exceed 25%. Taxable income.
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