IRS refunds already issued total 21.7 ME

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The total value of IRS refunds already issued amounts to 21.7 million euros, the Ministry of Finance said today, indicating that 205,000 tax refunds have been processed so far.

“To date, the number of IRS declarations filed has already exceeded two million (2,042,060 declarations), and 205,000 refunds have already been issued,” an official source from the Ministry of Finance told Lusa, adding that “the total amount of refunds paid amounts to 21.7 million euros”.

Of the total number of tax returns submitted since the start of this year’s IRS campaign (for 2023 income), 890,000 have been submitted via IRS Automático.

The Ministry of Finance also states that the average value of the refunds already issued is around 867 euros, and the average time taken to return the tax is 12.8 days.

The annual IRS tax return began on April 1 and runs until June 30, covering all income categories.

Hervé Hubert
Hervé Hubert
Hervé Hubert is a 55-year-old writer and journalist based in Porto, Portugal. Born in France, he brings a unique blend of French and Portuguese perspectives to his work. Education Hervé studied Journalism and Literature at the University of Lyon in France. After completing his studies, he gained valuable experience working with various French media outlets (Portugal France also). Career He worked for several years as a journalist in France before making the move to Portugal. In Porto, he joined the Portugal Pulse team as a staff writer. Skills Hervé specializes in storytelling, investigative journalism, and cultural commentary. He has a flair for capturing complex issues in a relatable way. Personal Life He currently resides in Porto and enjoys the city's rich culture, from Fado music to Francesinha cuisine. Hervé continues to maintain strong ties to his French heritage, often traveling back to France for family visits and cultural exploration. With his unique background and diverse skill set, Hervé Hubert adds a layered, multicultural lens to every story he covers.

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