Post by joita973 on Feb 12, 2024 5:14:15 GMT
Code which regulates general issues of tax law. Understanding these regulations will make it easier for you to meet your tax obligations and communicate your expectations and requirements to the tax authorities. Legal Basis Year Month Date Act Tax Regulations Year Law Journal Issue No. Revised Taxpayers Rights Pay only the tax due. If you overpay you are entitled to a refund of the overpaid tax. Overpayment of tax occurs when you fail to pay tax i.e. you pay tax even though you were not obligated to pay it or the amount is higher than you should have paid.
We also deal with overpayments of tax if the payer which is usually an employer or a pension agency Cape Verde Email List has not paid tax or charged more tax than was due. In these circumstances you have the right to submit an application to confirm the overpayment of tax. Overpayments and interest thereon may be ex officio set off against tax arrears interest and current tax liabilities. If not they may be refunded ex officio unless you file an application for an overpayment to offset all or part of your future tax liability.
If you are not obliged to have a bank account overpayments will be refunded in cash i.e. at the cash register or by postal order. If you wish to have your overpayment refunded to your bank account please submit a form to the Inland Revenue Department and quote your bank account number. When requesting a refund via money order you must know that overpayments will be subject to a restocking fee. are not refunded by the tax authorities after the due date are entitled to charge interest equal to the interest on late payment of tax arrears.
We also deal with overpayments of tax if the payer which is usually an employer or a pension agency Cape Verde Email List has not paid tax or charged more tax than was due. In these circumstances you have the right to submit an application to confirm the overpayment of tax. Overpayments and interest thereon may be ex officio set off against tax arrears interest and current tax liabilities. If not they may be refunded ex officio unless you file an application for an overpayment to offset all or part of your future tax liability.
If you are not obliged to have a bank account overpayments will be refunded in cash i.e. at the cash register or by postal order. If you wish to have your overpayment refunded to your bank account please submit a form to the Inland Revenue Department and quote your bank account number. When requesting a refund via money order you must know that overpayments will be subject to a restocking fee. are not refunded by the tax authorities after the due date are entitled to charge interest equal to the interest on late payment of tax arrears.