Income Tax Refunds Deposited Today! 3.65 Million Cases Eligible, Average Refund of NT$16,745 – Schedule and Collection Methods Explained

Attention to individuals who completed their comprehensive income tax filing in May this year! The Ministry of Finance officially disbursed the first batch of income tax refunds today (31st), with a total of 3,656,898 cases processed. The total refund amount reached NT$61.235 billion, averaging approximately NT$16,745 per household. Taxpayers who have provided their financial account information will receive direct deposits into their designated accounts today. For those who did not provide account details, refund vouchers will be mailed simultaneously.

First Batch of Income Tax Refunds Deposited Today – 3.65 Million Households Benefit, Total Exceeds NT$61.2 Billion

According to statistics from the Fiscal Information Center, the first batch of refunds for income tax filings submitted in May 2024 was officially disbursed on July 31. A total of 3,656,898 cases qualify for this first batch, with a total refund amount of NT$61.235 billion. Based on total refund amount and number of cases, the average refund per household is approximately NT$16,745, though actual amounts vary depending on individual filings.

Income Tax Refunds Disbursed in Three Batches – Second and Third Batches in October and January

After the annual comprehensive income tax filing deadline, the National Taxation Bureau processes refunds in batches based on taxpayers’ filing methods and case review progress. This year’s income tax refunds are divided into three batches, with the following schedule:

Batch 1: July 31 Batch 2: October 30 Batch 3: January 20, 2027

Taxpayers not included in the first batch should monitor the subsequent two batches based on their filing method and case status.

Who Qualifies for the First Batch? Three Types of Filers Eligible for Priority Refund

According to the Ministry of Finance, the first batch includes the following three types of cases:

- Individuals who completed online filing by June 1 this year. - Those who used the tax amount estimation service and confirmed via online login or phone voice response. - Individuals who returned the tax estimation response via paper to their local National Tax Bureau by May 11.

Cases meeting the above conditions and successfully reviewed are included in today’s first batch refund list.

98% via Direct Deposit – Funds Credited Today for Account-Registered Taxpayers

The Fiscal Information Center reports that this year’s first batch includes both standard refunds and direct deposit refunds. In terms of case volume, direct deposit refunds account for approximately 98%, while standard refunds account for about 2%, indicating most taxpayers have adopted direct bank account refunds.

The Ministry of Finance states that taxpayers who provided their financial institution account during filing will have their refund directly credited to the designated account today. Individuals can check their bank, online banking, or mobile banking app to confirm the deposit.

For Those Without Account Registration – Refund Vouchers Mailed Today, Redemption by September 30

For refund cases without financial account registration, the Ministry of Finance confirms that refund vouchers will be mailed today. The redemption period for refund vouchers is from July 31 to September 30.

For refund amounts under NT$5,000, holders can present the voucher at the designated paying bank to receive cash. For amounts of NT$5,000 or more, redemption must follow the check clearing procedure.

Ministry of Finance Warning: Beware of Scams – No Links Will Be Sent for Refund Processing

With refund operations underway, the Ministry of Finance reminds the public to stay vigilant against scams. It emphasizes that the National Tax Bureau will never send SMS, LINE, or other messaging app messages asking taxpayers to click unknown links for tax payments or refunds. If you receive such messages or suspicious URLs, do not click or enter personal information, as this may lead to phishing sites and financial loss. For questions, verify with the National Tax Bureau to confirm the authenticity of refund information before taking action.