The year 2023 was a record year for refunds paid by tax authorities to families and businesses: the total for the year that is about to end is 22.4 billion euros. So 2023 ended with the best result ever: 2.5 billion more payments were made compared to 2022, when 19.9 billion were repaid (+12%), and also the number of payments exceeding the 3.4 million bar (55 thousand more) A record has been reached so far (last year).
Save refunds for families and businesses
Of the total 22.4 billion tax refunds paid in 2023 (data as of 21.12.23), more than 4 billion are directly related to tax refunds: 2.7 billion Irpefs returned to the use of families and more than 1.3 billion Ires returned to businesses.
Of the 2.7 billion Euros transferred to natural persons, 1.5 billion were paid directly (by bank transfer or check) by the Revenue Administration to approximately 2 million citizens who submitted form 730 by the end of September, without specifying that an employer would receive a loan on the salary. slip. In practice, even those who lost their jobs received refunds quickly. Instead, Value Added Tax refunds of around 18 billion were provided to VAT holders (businesses, craftsmen and professionals). In addition, 439 million related to other taxes (registration, government privileges, direct taxes from the IRAP deduction) were also returned to the community.
increased payments
If we take into account the number of payments made instead of the amount, this year more than 3.4 million refund requests were received positively by the Authority: Irpef refunds amounted to just under 3.3 million (about 96% of the total) and 100 thousand VAT refunds were made. Finally, several tens of thousands (48 thousand in total) of IRES refunds and refunds related to other taxes administered by the Agency. The table below shows the return numbers and related amounts in detail.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
