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Monday 29.05.2017 | Name days: Raivis, Raivo, Maksis
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SRS urges residents to use return option for overpaid PIT

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUNext week, Latvian State Revenue Service will begin accepting income declarations for 2016 for the repayment of PIT. The list of justifiable expenses has been expanded this year, allowing residents to recover part of the money paid for child interest clubs, SRS reports.

«Data shows that residents more actively use their right to recover overpaid PIT. In 2015, SRS performed repayment of a total amount of EUR 74.40 million. Last year’s amount had reached EUR 92.54 million. With that, it can be said that repayment amounts have grown by a quarter,» SRS reports.

SRS Director General Ilze Cirule is satisfied with residents’ growing comprehension of their rights. She adds that it is especially good that residents see EDS as a convenient and user-friendly. «I invite all residents to use their right and recover overpaid PIT using EDS,» she said.

It should be said that the list of justifiable expenses has been expanded to include licensed child interest clubs. The list of licensed clubs will be published on SRS website.

«We also expect changes in relation to differentiated tax-free minimum. Tax return here will be felt most by people whose annual income is below EUR 4,560 or EUR 380 a month,» SRS explains.

It will be possible to submit declarations to EDS in all libraries outside of Riga. Library employees have been trained so they can help with any misunderstandings people could experience using EDS. It is also possible to submit declarations in state and municipal customer service centres.

Customer service centres will remain open to visitors from 1 March to 1 June every work day. «We do urge residents to use the electronic declaration system as much as possible because queues are expected to form at customer service centres,» SRS notes.

Ref: 225.109.109.9741


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