These are the important dates and the information you should know to present your income tax return in Spain in 2023
Spain has made public its latest calendar for the 2023 ‘Income Tax Return’, with all the dates you should know for the 2023 Income Tax return campaign, which corresponds to the 2022 calendar year.
Any person residing in Spain is required to declare the income they obtain for the purposes of paying Income Tax, which is known as ‘Personal Income Tax’ or IRPF.
2023 income tax returns are filed for any income from the previous year, 2022.
Here you will find everything you need to know about filing income tax returns in Spain in 2023, including key dates and useful information.
Who has to file the personal income tax return in Spain?
Personal income tax in Spain must be submitted by every resident who meets the following requirements:
- Spending more than 183 days a calendar year in Spain
- Have businesses or economic interests located within Spanish territory.
- Have a spouse or dependent children who are tax residents in Spain.
After filing your tax returns, you will receive a refund or have to pay more, which is the usual result for non-national residents in Spain, since the Government does not apply any monthly withholding.
Do non-residents have to pay income tax in Spain?
People who live in Spain but are not residents and those who only come for half the year are required to pay income tax on money earned in Spain and on any property they own in Spain.
In this case, you must submit your income tax return and pay the non-resident tax rate, which is set at a flat rate of 24% applied to this income. Capital gains, for example, and other investment income are taxed at 19%.
What Income Tax deductions are available in Spain?
Income Tax in Spain has two parts: national and regional.
The National Government recently approved some modifications with the aim of protecting very low-income households. For example, the minimum income threshold from which you are obliged to declare your income in Spain was 14,000 euros per year, but now it is 15,000 euros, so taxpayers whose gross annual income does not exceed this amount will not be obliged to file an income tax return. However, this modification will not apply to this Income, but to the 2024 Income Tax Return.
There are other national measures that will be in force, including 100 euros per month for any mother with a child under 3 years old. In previous years, this benefit only applied to working and self-employed mothers, but has now been expanded to include all mothers.
When do I have to submit my income tax return in Spain?
You will be able to start the process of filing your tax return online in Spain on Tuesday, April 11, 2023, and the final deadline to file your taxes will be June 30, 2023. After this date, you will not be able to file your tax returns. taxes in Spain. .
The process of informing the Spanish Treasury about your income in Spain is incredibly complex and cannot be done in English. Even 95% of Spaniards hire the services of an accountant or financial services professional to file their income tax return for them.
If your tax filing process in Spain results in a tax deduction for you, many times this will be paid directly into your bank account and you will not need to do anything else.
However, if you are obliged to pay more personal income tax and want to pay the outstanding amount you owe by direct debit, the deadline is June 27, 2023. To soften the blow, it is possible to divide the amount to be paid into two smaller parts . installments without additional interest. In this case, you will have to declare your intention to do so before June 27, taking into account that the first charge will be on June 30 and the second on November 5.
Key dates for the Income Tax Declaration in Spain 2023
- April 11 to June 30: Tax returns can be filed online
- June 27th: Deadline for those who must pay by direct debit
- June 30th: Last deadline to submit your income tax return in Spain
How to file your tax returns in Spain 2023
It is possible to file your taxes yourself, but by far the easiest way is to get someone to do it on your behalf, because the process is very complicated and it is very easy to make a mistake if you are not familiar with the intricacies of The Spanish tax system.
This is especially true for foreign citizens since in many cases there are additional aspects to consider, such as obtaining a certificate of non-residency from their country of origin and possible double tax treaties that may exist between Spain and their country of origin. .
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They can also manage any tax returns for residents and non-residents in Spain, including property taxes and issues related to double taxation across international borders, as well as inheritance and will taxes.
Whether you want to formally register your own business in Spain, take someone to court, or face being taken to court yourself for any reason, Abad & Associates will be at your side.
Its resounding success in helping its clients face these problems has made Abad Abogados one of the leading law firms, accountants and tax advisors in the Region of Murcia and the province of Alicante.