A total of 567,000 income declarations have been submitted to the Tax and Customs Office (MTA) as of Tuesday. It is estimated that approximately €186.5 million worth of overpaid income is due to be refunded.

MTA asks people expecting refunds to be patient and reminds people that payment is not related to the order they were submitted in.

"We make tens of thousands of payments every working day and no one misses out on a tax refund," said the agency's Riina Randver-Sõer.

Refunds to people who submitted their returns on paper, rather than online, will start in mid-March.

Additionally, based on the submitted income tax returns so far, €20.3 million worth of additional income must also be paid. The deadline is October 1.

Submission of income tax returns started on February 15.

Tax changes

With the tax returns submitted this year, it is the last time to use the increased basic exemption for a child of up to 17 years old, deduct housing loan interest from taxable income and transfer unused tax incentives to spouse's tax return.

Unused tax exemptions can be transferred to the spouse if the total annual income of the spouses does not exceed €50,400 per calendar year and one of the spouses did not earn income in 2023 or his or her annual income was less than €2,160.

The party whose income was lower and wants to transfer their benefit to the other should fill in their tax return first. Housing loan interest can be deducted from the total income in the amount of up to €300 euros, but not more than 50 percent of the total taxable income earned.

Increased basic exemption for children is pre-filled in the tax return of the parent who has received child allowance from the Social Insurance Board during the year.

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