• Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form
Monday, May 23, 2022
  • Login
No Result
View All Result
NEWSLETTER
BOB fm
No Result
View All Result
BOB fm
No Result
View All Result
Home World

Taxpayers have until Friday to verify the validity of IRS bills | tax authority

by Perry Shepard
February 20, 2022
in World
0
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Taxpayers have until next Friday, February 25, to go to the finance portal to validate invoices issued in 2021 with a tax identification number (NIF), in order to expenses count to count tax authority.

Although the deadline for filing returns related to income earned last year only begins on April 1, there are other deadlines to consider in the meantime in order to simplify the submission at that time.

Separating bills by type of activity allows a portion of the associated expenses to be deducted from the IRS. On the personal page of the electronic invoice, the taxpayer can refer to already registered and pending invoices. Those to be validated must be related to the economic sector, to be accounted for in deductions for education, health, general family expenses or for billing requirements when monthly transport permits are issued (100% VAT deduction) or in restaurants, cafes and car workshops accommodation, hairdressers, beauty institutes, gyms and veterinarians (15% discount on VAT incurred in these sectors).

In the case of health care expenses, the taxpayer must indicate whether or not a certain fee is justified by prescription. If yes, then it is necessary to indicate the amount of the expenses in question, since expenses with and without income may appear in the same invoice.

Each family member can deduct 15% of health expenses (those that meet the qualifying criteria), with a total limit of one thousand euros. Expenses related to health services and goods are exempt from VAT or subject to tax at a reduced rate (6%) even if they do not have a prescription. In the case of taxable expenses with normal VAT (23%) only purchases subsidized by the number of prescriptions.

See also  YouTube, Facebook and TikTok make millions of animal abuse videos



Those who have a business and a professional activity, such as the self-employed, should separate the expenses Until February 25to indicate whether certain expenses are incurred as part of a professional or personal activity (or both, in which case it is necessary to indicate whether the expenses are incurred in the professional context in whole or in part).

After this period to confirm invoices, the tributaries and customs department Until mid-March to provide information on the amount of tax deductions for the IRS by region.

If taxpayers find an expense is missing or there is an error, they can claim the bill between March 16 and March 31.

Filing takes three months and is simultaneous for all income categories, starting on April 1 and ending on June 30.

Perry Shepard

“Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate.”

Perry Shepard

Perry Shepard

"Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate."

Next Post

Snapchat has a new feature to protect us!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Navigate

  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form

Pages

  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form
  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • About Us
  • Contact Form
  • DMCA
  • Editorial Policy
  • Privacy Policy

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In