This There’s a real ‘boom’ going on among treasury bills individual investorswanting to remove maximum return on your savings at a time when the price of money is rising, but banks do not take a step towards charging accounts and deposits.
Both letters are for a maximum of 18 months; must pay income tax (IRPF) such as bonds (two to five years) and liabilities (10 years and above). In other words, it’s not all performance when it comes to semi-annual and one-year securities. It exceeded 3% for the first time Those maturities are in the pocket of the investor for the first time since 2012.
1. Profitability
The increase in the official price of money stands at 3% and another half point increase is expected at the meeting of the European Central Bank’s governing council (European Central Bank) the next day 16, making Treasury bills one of the most attractive assets to invest in. After several years of negative returns (from 2016 to 2022), they are now exceeding 3% in at least six months and a year. Why did all this happen avalanche of requests A few weeks ago, the presence at the Bank of Spain, which lacked a network of offices like banks, paid off with long queues forcing it to launch a pre-appointment system and encourage web use.
2. Taxation
Tax professionals such as those from tax advisory Tax Discountwarns that these assets with such outstanding performance are not exempt from the tax burden. Both bonds and government bonds and liabilities income from movable capital and therefore, the savings are taxed according to the tax base 19% for the first 6,000 euros, 21% between 6,000 and 50,000 euros, 23% between 50,000 and 200,000 euros, 27% and 28% between 200,000 and 300,000. for all income in excess of this final amount. In fact, it’s one of the biggest financial innovations this year, because in 2022 the top tranche was up 26%, up two points.
3. lien
The taxable portion is only the portion obtained from the benefit obtained. in bills issued in his name, discount or with implicit performance (issued below face value and full face value taken at maturity) taxes the difference between the amount received from the sale or redemption of the bond and the amount paid on its purchase; and in the case of bonds and liabilities, when redeeming them. And every time In the financial year in which these transactions are carried out. The operation must have taken place last year in order to be included in the 2022 revenue, the delivery period of which began on April 11th. If this is in 2023, they will not need to be counted on the income statement until presented. Returns from letters are not subject to withholding in the IRPF., bond and liability coupons (interest) yes, 19%. No, rather amortize or sell this public debt in the medium or long term. It is obligatory to include the yields of Treasury bills in box 30 of the income statement. In the boxes below, coupons (interests) of Treasury bills and government liabilities and depreciation or sales must be included.