After the start of the campaign of the Income tax return 2023-2024 which started on April 3 and runs until July 1taxpayers must file accounts with the Treasury and declare for the fiscal year of the previous year, being a mandatory procedure for those who have income of 22,000 euros or more. From May 7, this procedure can be carried out by telephone and from June 3 for those who want to present it physically at the offices of the AEAT.
In the event that the declaration comes out to pay, it means that during the last fiscal year less IRPF was withheld than due, so it will be time to pay the outstanding amounts to the TreasuryIn this type of situation, you may not have the money to make this payment, but in order to meet your obligations, the Treasury offers up to three different options to choose from.
The first of them is that of split the payment by the amount to be returned to the Treasuryan option that is available to all taxpayers. The conditions establish a maximum of two instalments, the first of which must be made at the time of filing the declaration and the second in November. In the first one, 60% of the amount to be paid must be paid, while the remaining 40% will be paid in the second. If this option is chosen, the corresponding box must be ticked, which is located among the last ones on the draft of the Income Tax return.
The second possibility is that request a deferral of paymentthe application for which can be made from the agency’s electronic headquarters, although before carrying out the procedure it will be necessary to have the documentation that proves the financial situation, such as proof of payment or debts, or receipts. In this case, it should be noted that late payment interest of 3.75% must be paid.
The third and final option is to seek bank financingsince some entities offer loans through which you can face debts with the Treasury, although to do so you will have to demonstrate that you have a certain solvency, since otherwise it will be difficult for that loan to be granted.
What happens if you file your tax return and don’t pay?
The Income Tax return can be submitted without making the payment, although doing so has a consequence, which is having the obligation to pay late payment interest from the date on which the deadline for payment of the tax expired. Failure to pay the tax renders the declaration void of legal validity.
Filing a tax return without payment can occur, for example, if the option “debt recognition with deferral request” is indicated when indicating the payment method and, subsequently, the deferral is not submitted. In this case, the filing obligation will have been fulfilled, but the debt that the taxpayer has acknowledged against him has not been paid.
It is important to keep in mind that filing and not paying a tax is not recommended, since in addition to late payment interest, The Administration may exercise collection actions on the taxpayer’s assets. Furthermore, anyone who has debts with the Public Treasury for a tax will not be able to request deferrals of other taxes.
Source: www.lainformacion.com
