Gibraltar Phases Out PAYE Refunds By Check
by Jason Gorringe, Lowtax.net, London
06 March, 2015
The Gibraltar Income Tax Office will soon be phasing out payment of Pay As You Earn (PAYE) income tax refunds by check and will commence processing refunds electronically only.
The Commissioner of Income Tax wrote to all PAYE taxpayers in July 2014 informing them of this change and requesting their bank details. Reminder letters have recently been issued.
The request for banking information caused concern in some quarters. In response, Chief Minister Fabian Picardo has offered the following reassurances: "It has come to my attention that some elderly citizens are concerned that this information is being sought in order to try to find out about their savings or for other government purposes. Nothing could be further from the truth. In any event, should any pensioner not wish to provide this information, they need not do so. I have asked the Commissioner of Tax to find another way to issue refunds for those who do not wish to provide their account details to the Government."
"I will be writing directly to all those who have already received letters requesting the information telling them that they need not provide it if they don't want to. All the Commissioner has set out to do, in good faith, is facilitate the refunding process; but our elderly citizens don't have to provide information they are uncomfortable providing and I want to assure them of that directly myself."
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