Did you scare with IRS? Refund has decreased, but will pay less

Don’t worry: your refund is right, but the money has already received it. Source retention is increasingly closer to the real value of the tax.

The Tax Authority (AT) had this Monday to reinforce the service. At issue were numerous contacts I owe to. Although it was reported, the change became felt, and many sought help for having a great fright.

All this because the Source retention reduction in 2024 He left more money to taxpayers every month, but by consulting the reimbursements not everyone remembers this. Regardless of how much, the refund this year will always be lower, and there are even those who have to pay. However, in any scenario, it is paying less than in 2023.

To the president of the tax workers union, Gonçalo Rodrigues, says that the OT has received several requests for help. “The cases I have been following and have been some, the differences can be substantial. I’ve seen concrete cases, even from people who have a reimbursement practically half of what they had last year, some who had values ​​to receive and now has Payable Values“He comments.

It even gives the example of “a case of a person who received refunds above 1,100 euros and who simulated already on the site and that the value receivable is 455 euros.”

In fact, according to explains, the trend for the future is that the reimbursement is always to decrease, approaching retention at the source to the actual value of the tax.

“The money is already in your pocket”

In this respect, “the Ideal would be that when we arrived at the time of IRS settlement there was neither to pay nor anything to receivethat it was even balanced or had to be zero, because that was a sign that we were paying monthly even what was missing and no longer, ”comments Gonçalo Rodrigues.

“People have not realized that we are making less retention and we are receiving more money every month.” That is, “it is normal that then, the following year, the account right gives us less refund.”

Economist Luís Nascimento explains to CNN that the easiest is really Validate invoiceswhich help to “reduce or nullify the IRS to pay.”