If you are one of the ‘lucky’ ones – to say something – who have already received the money that the banks have to return for the floor clauses, be very careful when making the Income Tax: the Treasury can claim a part of what you have earned!
As you have probably already applied the relevant deduction for the concept of property acquisition in previous tax returns, the State understands that a proportional part of this money must now be kept because it changes your tax status. More specifically, what it claims is a percentage of the interest you have collected.
We sincerely recommend that if you find yourself in this situation, you quickly visit a trusted advisor, since if you miscalculate the percentage to be refunded you can suffer severe fines from the Treasury! In addition, we warn you that the calculation must be extended to the last four years of the mortgage, not just 2016, a fact that complicates and forces the procedure if we are not used to dealing with data.
At Gestingral we are doing these calculations and it is worth mentioning that the amounts to be refunded are usually low in relation to the money collected from the floor clauses. In other words, it is worth doing things well and avoiding surprises.
Solve your doubts with Gestingral
During this Income Tax campaign, Gestingral will publish a fortnightly article in this newspaper informing and resolving doubts about the tax return. The office also still has hours so that anyone who wants to can come and do the Income Tax and receive professional advice. (#RendaGestingral).
