Increase in the Number of Payment Orders for the Repayment of Balance in Favor of the 2019 Financial Year.

On April 1, 2020, began the period to present the 2019 annual declaration for natural persons, which ends on April 30, 2020. This period has been difficult for taxpayers as they have faced the constant failures of the SAT platform and the pandemic that is currently going on, despite this there has been an increase in the number of declarations, and thus in the refund of the balance in favor of the financial year 2019.

The official figures as of April 12, 2020, show that in the first days of the month 935,373 taxpayers have received the refund of the balance in favor of taxes for the year 2019 (which is presented in April 2020). This represents an increase of 88% compared to 2018 (same as in 2019), which was 496,320 refunds in favour.

SAT reported that the day the highest number of refunds were submitted in favour was April 3 with 359,978.

In order to make the process of the refund of the balance in favor easier, the authority is offered the possibility of receiving the refund automatically, this administrative facility applies to all natural persons who submit their annual declaration, normal or supplementary to fiscal year 2019.

For Bandala | Díaz | García it is important to report what happens in this period of statements, we know that these issues can cause conflicts or doubts. That is why, to avoid some kind of inconvenience and for your greater certainty in these topics, we invite you to contact us to provide professional and personalized attention at all times.