What should I keep in mind to get an automatic personal income tax refund?

Accordingly, taxpayers are encouraged to use the "Suggested Personal Income Tax (PIT) Finalization Declaration Form", and link and register their bank account number on eTax Mobile to receive tax refunds quickly.

The system will automatically classify valid records, and control and recover tax refunds if fraud is detected.

Taxpayers need to install the eTax Mobile application on their phones to automatically refund personal income tax as quickly as possible. (Illustration photo)

3 conditions for automatic tax refund

1. The taxpayer's declaration information must match the consolidated settlement information of the paying agencies declared to the tax authorities.

2. The paying agency has paid personal income tax on behalf of the taxpayer.

3. Personal income tax declaration form does not include tax reduction documents due to natural disasters, fires, or serious illnesses.

In case the taxpayer's personal income tax refund dossier meets all the above conditions, the personal income tax refund subsystem automatically creates a tax refund proposal, makes a tax refund decision and an order to refund the state budget revenue to be sent to the Head of the tax authority for electronic signature.

The above tasks are automatically performed by the IT application system of the Tax sector within 3 working days from the date of the Notice of receipt of the tax refund application.

3 steps to automatic personal tax refund

1. Create and receive the suggested Personal Income Tax Finalization Declaration with the taxpayer's refund request.

Taxpayers need to check information on the electronic tax application (eTax Mobile) to confirm or edit before submitting the application.

If the taxpayer agrees with the suggested information on the suggested personal income tax finalization declaration, the taxpayer confirms and submits the finalization dossier as prescribed on the application.

In case the taxpayer does not agree with the suggested information on the Personal Income Tax Finalization Declaration, the taxpayer shall correct the information in the corresponding indicators, supplement the reasons for the difference with the number suggested by the tax authority and submit the finalization dossier with supporting documents as prescribed.

2. Automatic personal income tax refund settlement

The system will compare data to determine tax refund conditions, check the amount of tax paid and the account receiving the tax refund. If eligible, the system will automatically create and electronically sign the tax refund decision.

3. Post-refund control

The tax industry's information technology application system periodically and quarterly automatically synthesizes data to warn and automatically provide a list to the tax authority of organizations and individuals paying income and deducting personal income tax who make additional declarations that change the tax liability information of individual taxpayers who have received personal income tax refunds so that the file processing department has a basis to conduct post-refund control and tax refund recovery (if any).

The head of the tax authority specifically assigns the department that handles the dossier to carry out post-refund control and tax refund recovery (if any).

How long does it take to automatically process personal income tax refunds?

After the system checks and determines that the taxpayer's profile meets the conditions for automatic processing, the system will automatically create a tax refund proposal, a tax refund decision, or a decision to refund and offset the State budget revenue.

The system will then enter the budget revenue refund order or refund and compensation order to send to the Head of the tax authority for electronic signature.

This entire process will be done automatically within 3 working days from when the system sends a notice of receipt of the tax refund application to the taxpayer.

In case the dossier is not eligible for a tax refund, or the taxpayer is not eligible for a tax refund, the tax refund dossier processing department will send a notice of ineligibility according to the prescribed form. This notice will be signed and approved by the Head of the tax authority and sent to the taxpayer to notify the reason for not being eligible for a tax refund.

Minh Duc (Synthesis)

Source: https://vtcnews.vn/muon-duoc-hoan-thue-thu-nhap-ca-nhan-tu-dong-can-luu-y-nhung-gi-ar937885.html