“We thank those who so actively connect to the Electronic Declaration System (EDS) and declare their income without waiting for the last day. We are happy with such activity of the residents”, says the temporary head of Panevėžys AVMI Auksė Tutkutė.
Currently, 14 thousand Almost 6 million were returned to the residents of Utena County. EUR income tax overpayments (2169 residents of Visaginas – 757 thousand EUR; 2134 residents of Anykščiai district – 879 thousand EUR; 1554 residents of Zarasu district – 540 thousand EUR; 1386 residents of Ignalina district – 488 thousand EUR; Molėtų for the 1736 inhabitants of the district – EUR 645 thousand; for the 4844 inhabitants of the Utena district – EUR 2.4 million).
So far, about half have submitted their declarations by May 2 mandatory to do this for the population of which there are over 32 thousand in Utena County.
We remind you about the possibility to register in advance for remote practical seminars led by VMI specialists, where you can learn how to properly submit an income declaration and get all the answers to your questions, and the schedule of practical seminars is published: https://www.vmi.lt/evmi/nuotolines-zoom – consultations for residents
Applying too much NPD is one of the most common reasons for having to declare income
The amount of non-taxable income (NPD) directly depends on the amount of wages received by the resident. Residents whose salary has increased over the course of the year or who work in several jobs often benefit from too much NPD, as well as when other taxable income is received during the year (for example, bonuses, bonuses, sickness allowances, rental income, income from individual activities according to the certificate, etc. ). In this case, the NPD is recalculated at the end of the year. If it turns out that more than the annual NPD was used, the resident must cover the tax difference.
If the NPD was applied to a resident who was too low, in this case he will see an overpayment of income tax in his income tax return and will recover it when declaring income.
Residents who are surprised that the amount of GPM payable or refunded is not the same last year without a change in salary or total income, we remind you that NPD can also change due to changes in the minimum monthly wage (MMA) or the formula used for calculation. The annual NPD calculator is available on the VMI website.
More information on tax issues is published on the VMI website www.vmi.lt, consultations and services are also provided by phone +370 5 260 5060. Videos on how to declare income on your own, also in English and Russian, can be viewed on the VMI YouTube channel . Advance registration is required for those wishing to visit VMI service units.
