Treasury warns on Kira’s first: Don’t make these mistakes

Citizens whose income exceeds certain limits in 2022 are required to present it. income statement draft. The Tax Office has made it available to taxpayers since March. Open the Web Revenue simulatorto facilitate consultation of the previous year’s financial data; and roughly estimate whether the statement will result in a payment or refund.

It is important to remember that taxpayers can verify their annual income by:l IRPF withholding certificate, It can be obtained from the company in case of supplementary unemployment benefit, from the State Employment Agency (SEPE) and from the SGK in case of a supplementary pension. Some of this income can be evaluated as follows: deductible expensesdespite interruptions depending on whether they are salaried, self-employed, or retired.

News from the 2023 Income campaign

Between The most relevant news of the 2023 income statement is found income limit exempt from filing personal income tax returns. Finance Minister María Jesús Montero announced the changes in this regard a few months ago. in 2023 those who earn less than 15,000 euros per year Two or more payers will not be required to present Form 145. For the already submitted 2022 declaration, a preliminary limit of 14,000 euros per year.

It also established Obligation to file a declaration if income of more than 22.000 Euro per year is obtained from a single payer.

Concerning contributions to pension plans, the Spanish Government has implemented changes that favor corporate plans over private plans. Annual contributions to the latter have been reduced from 2,000 euros to 1,500 euros per year. The company plans, on the other hand, increase the amount of allowed contributions from 8,000 euros to 8,500 euros, including self-employed.

Likewise, the reduction in working performance was increased from 18,000 euros to 21,000 euros. This means that workers with an annual salary of less than 21,000 euros may have to enter, unless they have more income and depending on applicable withholdings.

Important dates of the 2023 Income Statement: here is the calendar

HE 2022/2023 income statement calendar sets deadlines for submission of a draft of last year’s yields. The campaign is valid between 11 April – 30 June 2023. Important dates for different presentation methods are:

• From April 11 to June 30: online presentation.

• From 5 May to 30 June: presentation by phone.

• 1 – 30 June: face-to-face presentation.