Obtaining large loans is always associated with the need to confirm income. Most often, a 2-NDFL certificate acts as a supporting document.
Instructions
Step 1
Banks cannot receive official confirmation of the borrower's income specified in the 2-NDFL certificate. Those who have at least once requested information from the tax office know that it takes more than one day to receive it. It takes at least 5 working days to process a request. At the same time, loan applications are considered in a shorter period of time, sometimes several hours. It is clear that in such a time frame it is impossible to apply to the tax office to check the reliability of the 2-NDFL certificate.
Step 2
Moreover, any information in the tax office is provided only on the basis of written requests and upon presentation of documents confirming the powers of representatives. Even close relatives will not be provided with information on personal income tax without submitting a notarized power of attorney to represent interests. Not to mention the banks, which the potential borrower does not give such a right. Moreover, data on incomes represent tax secrets and tax authorities have no right to disclose it.
Step 3
At the same time, banks often request 2-NDFL certificates for the last six months. And the employer submits a report on withheld and transferred personal income tax only at the end of the year. Until this moment, the tax office has no information for whom exactly the taxes were transferred. They are transferred by a single payment without specifying the full name of the taxpayer.
Step 4
An extract from a personal account with a PFR can confirm the reality of income, which is indicated in the 2-NDFL certificate. The fact is that the employer, once a quarter, submits reports to the Pension Fund of the Russian Federation on the amount of wages and deductions made to the fund. But again, only the borrower can get it directly by providing a passport. This information is not available to banks, but they insist in every possible way on the need to provide access to the PFR databases, which would allow them to improve their loan portfolio and facilitate risk assessment. Some banks even require confirmation of the 2-NDFL certificate by an extract from the Pension Fund of the Russian Federation, but this has not yet become widespread.
Step 5
Therefore, it remains for banks to check 2-NDFL on indirect grounds. In particular, they look at the correctness of its filling, as well as collect information about the company on the Internet, assess its stability and success. They also have the opportunity to look at the firm's financial statements, which it provides to Rosstat. Also, the specified salary in the certificate must correspond to the industry average; if there is a significant discrepancy, the loan will be refused. Bank employees often call the accounting department with clarifying questions and can even visit the company's office.
