In an unexpected twist, thousands of retired in Spain discover that they are entitled to a refund of up to 4,000 euros for a historic error made by the Treasury. This failure, which affects mutual workers in sectors such as metallurgy, construction and commercewas recently approved by the Supreme Courtopening the door for this group to recoup what they overpaid during a period of their professional life decades ago. This is compensation that, although it comes decades later, represents significant economic relief for many families.
The origin of the problem dates back to the years 1967-1978, when the tax administration unduly taxed the pensions of these workers. According to the Supreme Court, they would only have to pay tax on 75% of their pension, while the Treasury applied tax on 100%.generating an overpayment of 25%. Although many thought this error would be forgotten, recent court decisions have proven otherwise. Now those affected can claim the money corresponding to the last fiscal years in which this decision was in force, which triggered an avalanche of requests which also led to those who have not yet received the refund not can only do so in January. 2025. We explain in more detail this error from the Treasury which can cause you to reimburse up to 4,000 euros and How to claim what’s yours.
The Treasury returns 4,000 euros for a blunder
The decision specifically affects the retirees who worked in sectors such as construction, commerce or metallurgy during the decades indicated. These mutual societies contributed under conditions which, according to the court, did not respect what was legally established. To be eligible, It is essential to have been part of this mutual system during the years in question and having contributed unduly during this period.
Furthermore, it is important to mention that Claims can only cover tax years between 2020 and 2023. Previous years are considered time-barred according to current legislation, so it is not possible to include them in the application.
How to claim the 4,000 euros
To access this reimbursement, interested parties must present a proactive request via the Treasury’s electronic headquarters. This process, although simple, requires following some key steps:
- Access to the form: The Treasury allowed a specific form on its digital platform, accessible with a digital certificate, an electronic DNI, a Cl@ve system or a tax return reference number.
- Necessary data: It is not obligatory to attach additional documents, as the tax authorities will cross-check the data with social security and other agencies to verify the information. In exceptional cases, the Treasury may request additional documents.
- Submission deadline: Interested parties should act quickly, as these claims have a time limit. In this case, the Treasury has until December 31 to make the payments corresponding to the requests submitted.
- Processing status: Once the request has been sent, retirees can check the status of their request in the “2023 Income” section of the Treasury portal. Depending on the processing status, messages such as “Your return is being processed” or “The requested return has been estimated according to” will appear.
The return of between 3,000 and 4,000 euros represents an unexpected income for many retirees. This money, improperly collected at the time, comes at a time when many elderly people are facing financial difficulties. Furthermore, this Supreme Court ruling constitutes an important precedent in the defense of taxpayers’ rights.
Interestingly, the avalanche of requests led the Treasury to simplify the initial process. This demonstrates the magnitude of the error and the importance of correcting it effectively. Although the procedure may seem complex, the possibility of recovering thousands of euros is worth it.
Deadlines for receiving the money
The Treasury has a margin of six months to process declarations at the end of the income tax campaign. ANDIn this case, the campaign having ended on July 1st, the payment deadline expires on December 31st.. This means retirees who submit their applications by the deadline could receive the money before the end of the year. However, the Treasury recently explained that the level of requests was very high. Many mutuals will not see the return until January 2025.
Despite this, If you have not yet made a claim, please do so.. The landmark ruling generated one of the largest tax refunds in recent years, affecting a group that for decades was unaware they had been harmed by an administrative error. Through recent court rulings, the injustice has been recognized and efforts are being made to correct it.
For those affected, this is a unique opportunity to reclaim what is rightfully theirs. Although the process requires some diligence, the digital tools and information available make the process much easier. Those who are eligible should not hesitate to claim their money, as this compensation can make a big difference to their personal finances.
