SRS refunded overpaid PIT 34.2 million euros / day

Almost 600,000 declarations have been submitted by March 6 and their number continues to grow. The SRS processes the declarations submitted gradually, in order, but the processing time required for each declaration may vary significantly.

The SRS explains that it mainly depends on the amount and complexity of the information specified in the declaration and that the verification of the declaration is only automated or manually. Consequently, the tax repayment term is not directly dependent on the date of submission of the declaration. People who have filed declarations on the same day or even earlier for each other can be repaid within different time limits.

The overpayment of taxes in the SRS is obliged to repay the citizens within three months of the submission of the declaration, but, according to last year's data, the average refund shall take place within 30 days.

Citizens who have to make a declaration must be made by June 2 or, if the total income was higher than 78,100 euros last year, by July 1.

The declaration must be submitted to the citizens whose income PIT has not been paid in full – for example, for the citizens who carried out economic activities or who received their income abroad. The declaration must also be submitted even if the non -taxable minimum corresponding to a lower income has been received during the year, but the total income of the year was higher, so this relief or discount part may have to be repaid after completing the declaration.

Voluntary, declaring the eligible expenditure and recovery of overpaid PIT, the declaration may be submitted for three years.

Voluntarily submitting an annual income statement to recover the overpaid tax on their own and their family members' eligible expenses can be paid for by anyone whose income is paid to PIT. Exceptional expenses are expenses for medical and dental services, higher education and qualification, as well as children's interest education or hobby groups.

Donations and gifts for public benefit organizations and political parties, as well as contributions to private pension funds and accumulating life insurance, are also eligible expenses. By submitting the declaration, it is also possible to obtain the unpaid tax reliefs during the year.

Voluntary annual income declaration can be submitted and corrected for another three years, informs the SRS. This year the declaration can be submitted not only for 2024, but also for 2023 and 2022, but by June 23, 2025 – also for 2021.

Citizens who applied for overpayment last year without completing the declaration will receive this overpayment between October 1, 2025 and 31 December. However, even if a person has applied for an automatic repayment, he or she may also submit a declaration – to submit an eligible check check or to receive the overpayment faster than from October 1st.

The SRS warns that during the submission of declarations, special care must be taken from fraudsters who pretend to be SRS. In order to recover the overpaid tax, citizens only have to complete the annual income declaration, no other action has to be taken. The declaration must only be completed in the electronic declaration system (EDS). SRS citizens do not send text messages and emails, do not invite their data, follow unfamiliar links, install any programs. Text messages, emails and also calls calling for such activities to recover taxes are fraudulent, emphasizes the SRS.