If, from the completion of the Annual Individual Income Declaration, a negative difference results, meaning that from the calculation according to the declaration, the taxpayer has a tax surplus as a result of the calculation of deductible expenses, the regional tax directorate must, upon his request, refund the amount of taxes overpaid.
The taxpayer's request for a refund of overpaid amounts must be submitted to the tax authority within 30 days from the date of filing the Annual Individual Income Tax Return and must be accompanied by copies of all supporting documentation for income and deductible expenses.
Individual taxpayers shall submit the refund request, along with supporting documentation, in person to the tax authority, and shall be issued with a protocol number for their submission.
Individuals must accurately provide their bank account number to which the refund for overpaid taxes will be made. The responsibility for the accuracy of the bank account number lies with the individual filer.
Once the regional tax directorate verifies the accuracy of the data and the verification or inspection reveals that the information provided in the declaration is correct, the regional tax directorate proceeds:
The crediting of amounts earned from the deductible expenses scheme is carried out by September 30 of the year following the tax period for which the declaration was prepared.
Source: General Directorate of Taxes.