Overpayments and underpayments

Afrinrubi

Many times in our publications. Detailed information on the annual basis for health insurance contributions and applicable settlement rules can be found in the linked publication . The annual settlement of the health insurance premium may result in an underpayment or overpayment of the health insurance premium. As we wrote at the beginning, the key factor in our considerations today will be the settlement of such an underpayment or overpayment in income tax.
  
Overpayment and underpayment of the annual health insurance premium – when will it occur The rules for settling the annual health insurance premium are discussed in detail in the publication we wrote about above. For the phone number list purposes of our today's considerations, let us briefly recall when we will know the amount of any overpayment or underpayment from the annual settlement. The annual settlement of the health insurance contribution should be prepared and submitted together with the monthly settlemen.



If the annual settlement results in an underpayment of the health insurance contribution, the deadline for making the payment expires on May , . If there is an overpayment in the annual settlement, an application for refund of the overpayment should be sent to ZUS by June , . Before sending the application, the entrepreneur should check the bank account number to which the refund is to be transferred. ZUS will transfer the money to the entrepreneur's account by August , . The settlement of of health insurance contributions is made after the end of the contribution year The key in our considerations will be to determine how to settle such an overpayment or underpayment under the income tax regulations.