Tax authorities It is catching up and by the end of the year it will have to settle accounts with mutualists who paid too much in their personal income tax return due to an error by the Tax agency. A landmark Supreme Court ruling earlier this year forced the administration to return a fortune to around five million people who will simply have to fill out a form through the channel permitted by the AEAT. Check everything you need to know about urgent notice from Tax authorities by the IRFP of mutualists.
Millions of mutualists in Spain benefited after the Supreme Court will dictate sentence 255/2023, REC. CASATION 5335/2021 of February 28, which recognized the right of workers who contributed until 1978 to Mutuality of Banking Work and they paid more taxes on their pensions. In addition to this group of workers, they are also eligible for Tax agency declarations corresponding to the years 2019, 2020, 2021 and 2022 (those not prescribed) those who previously contributed to electricity, construction or fishing mutual societies.
For this reason, the Tax agency allowed on March 20 a channel for potential beneficiaries to make the corresponding request in order to apply the provisions of the second transitional provision of Law 35/2006 on personal income tax. The mutualists concerned had until June 30 to settle their accounts with the Treasury for the year 2019.
“It will not be necessary to attach any type of documentation to the request, since, in general, the AEAT will already have the necessary information to resolve the request. However, in the event that it is not possible to resolve a specific request with the available information, interested parties may be required to provide the necessary documentation after the fact,” reported the Tax agency in your channel on the documents to be provided.
The amount that the Treasury must return to mutualists
Tax authorities will have to return sums of between 800 and 4,000 euros to nearly five million mutual members who overpaid their contributions due to an error by the Tax agency. Those who were victims of an error before January 1, 1967 will have to return up to 100% of what was paid that day and those who contributed more between January 1, 1967 and December 31, 1978, will be reduced by 25%.
“The portion of the retirement benefit that corresponds to contributions made during this period will be reduced by 25%. In other words, only 75% of this part of the pension will be taxed,” we can read in the press release. Tax agency on its website specifying that 25% will have to be returned to retirees who contributed 100% at the time.
Mutualists who will not be entitled to this reimbursement for what those who contributed to the State Passive Classes scheme then paid more, the self-employed and contributions to mutual funds for widows and non-contributory pensions.
When will the Treasury return the money?
Tax authorities A period of six months is set to return the money to mutualists who complete the form and the return is accepted. From the Administration They have already caught up with the hundreds of thousands of retirees concerned in their time to whom they have reimbursed and will soon do so with possible beneficiaries after this end of the Supreme Court.
It must be taken into account that this return of Tax authorities This goes through the same channels as the tax declaration campaign, so they have until next December to pay this sum to the mutualists who had overpaid at the time. If they reach the following year, they will have to pay the amounts with interest which is generally 4%, which constitutes a fine imposed by the Tax agency in case of failure to return pending money to taxpayers on time.
Thus, in the coming months, the nearly 5 million people affected will receive their corresponding income, an expense that represents a hard blow to the deteriorated public coffers, which will have to pay sums of up to 4,000 euros per person.
