Income Statement 2023: Limits of the declaration obligation
Taxpayers with a single-payer gross income of less than 22,000 Euros will not be required to file a tax return. income statement 2022. If income is received from two payers, the limit is reduced to 14,000 Euros, provided that the payments to be made from the first payers do not exceed 1,500 Euros.
Income Statement 2023: Basic personal income tax exemptions
there are a few Non-taxable benefits and situations in the Income Statement. Some of the more relevant exemptions are:
- Income from violent situations: includes compensation for victims of terrorism, the Civil War, or those released after the Amnesty Act.
- Help for self-employed: Extraordinary aid provided by public administrations.
- Consumption incentive bonds: applicable to shops, tourism, restaurants, hotels or cultural activities.
- Helping people affected by certain diseases: Like HIV or hemophilia.
- Incentives for specific activities: scholarships, awards, subsidies for athletes, bonuses for international assignments, and public assistance for birth, adoption or childcare.
- compensations: third party liability for accidents, dismissal or personal injury.
- Incapacity benefits: in cases of absolute permanent disability or severe disability.
- Certain family situations: family benefits, foster family, annual payments for meals and dependent care.
- Minimum placement income: As Minimum Vital Income or regional income.
information Exemptions applicable to the declaration Rent It is very important to avoid surprises and ensure compliance with tax obligations. If you get help or find yourself in any of the situations mentioned, it is important to inform yourself and consult a professional if in doubt. Note that although some income is exempt, it is important to retain appropriate documentation supporting the exemption if requested by the Treasury. Don’t get caught up in the tax mess and ensure a successful filing process.