Irpef refunds from 730: when they arrive and how to avoid delays

When will the Irpef refunds arrive? This is the fundamental question that circulates among taxpayers every summer. The answer is usually simple: employees will receive personal income tax refunds in their July paychecks, while retirees will have to wait for the August check. This year, however, things are a little more complicated.

THE DEADLINES FOR THE PRECOMPILED 730

First, let's remember the deadlines ahead. July 22 is the last day useful for presenting the pre-compiled 730 form, but be careful: the deadline is valid for those who have chosen the do-it-yourself route, as well as for Cafs and professionals who have sent at least 7% of the declarations considered by 80 July load. After all, even individuals who have chosen the path of autonomy should hurry, because waiting too long runs the risk of postponing the payment of any personal income tax refunds.

PREVENTIVE CHECKS AND REFUND BLOCKING

From this year, then, there is something new to keep in mind. The pre-compiled 730 sent with modifications – whether by taxpayers, Cafs or professionals – may be subject to preventive checks by the tax authorities and subsequent refunds will be handled by the Revenue Agency rather than by the withholding agent (i.e. the employer work or the social security institution). The procedure, which involves the blocking of refunds and, in the best case, the simple postponement of the credit, will be triggered in two circumstances:

1) if the refund amount exceeds 4 euros;

2) if, regardless of the amount of the refund, the tax authorities find inconsistencies in the changes made to the pre-compiled 730.

HOW LONG WILL YOU HAVE TO WAIT

The Revenue Agency will carry out the checks within four months of the deadline set for the transmission of the tax return, or from the date of transmission in the event of a delay with respect to the deadline.

If at the end of the procedure it turns out that the taxpayer is indeed entitled to a refund, this will be paid by the Revenue Agency within the sixth month following the deadline for the presentation of the 730 (or the date of transmission for those who did so late).

TWO WAYS TO AVOID DELAYS

However, there are loopholes. In order not to incur preventive checks and therefore to block personal income tax refunds, it is possible to follow two paths:

1) present the pre-filled 730 without modifications;

2) ask to use the Irpef credit that results from 730 in compensation with other taxes (for example the Imu), filling in part I of 730 and presenting an F24 form. In doing so, the amount of the compensation is subtracted from the Irpef credit, which could therefore fall below the threshold of 4 thousand euros and prevent the taxpayer from running into the new procedure of the Revenue Agency.