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Date Published: 31/03/2022

ARCHIVED - Spanish Income Tax returns start on April 6, 2022: declare your earnings in Spain

ARCHIVED ARTICLE

Find out if you have to file Income Tax returns in Spain for earnings in 2021, and when the deadline is

<span style='color:#780948'>ARCHIVED</span> - Spanish Income Tax returns start on April 6, 2022: declare your earnings in Spain

The process for filing your tax returns for the Personal Income Tax (IRPF) and Wealth Tax in Spain on any income obtained in 2021 will be opened in early April 2022.

As usual, Income Tax returns in Spain can be filed either online via the website of the Tax Agency (‘Agencia Tributaria’), by telephone or in person. But this year’s Income Tax campaign also brings some changes to business as usual.

These are all the important dates you need to know for your tax returns in Spain, including the start date and tax deadline, plus information on who is obliged to file their tax returns and all the new changes to tax law for this year.

Key dates for filing your Income Tax Return for the tax year 2021

From Wednesday April 6 until June 30, 2022, you can file your tax returns online, via the Tax Agency website.
From May 5 to June 30, 2022, you will be able to file your tax returns by telephone on +34 915 548 770 or +34 901 335 533
From Thursday May 26, it will be possible to make an appointment in person, which will be given between Thursday May 26 until June 29 at the Tax Agency offices.
On Monday June 27, three days before the deadline, you will be able to file your tax return with a direct debit.
The deadline for filing income tax returns will end on Thursday June 30. As of July 1, you will no longer be able to file your tax returns in Spain.

These dates are important because the Inland Revenue service may penalise anyone who misses the established deadlines.

What’s new in the Spanish Income Tax Return for 2022?

In October 2021, a Royal Decree-Law was passed to help those affected by the eruption of the volcano on La Palma and which stipulates exemption from personal income tax.
Anyone with an incomes of more than 200,000 and 300,000 euros will see an increase in their personal income tax bracket by three and two points, respectively.
There will be deductions for individual private pension plans, which will be reduced to a maximum of 2,000 euros, while company plans will have their limit raised to 8,000 euros. In both cases, the maximum reduction cannot exceed 10,000 euros.
A 1% increase in Wealth Tax for those assets exceeding 10 million euros, up to a rate of 3.5%.
In addition, the Tax Agency will be keeping an eye on cryptocurrencies from this year onwards, as from July 2021 it will be compulsory to report this type of operation. Therefore, it must be reflected in the income tax return whenever the income exceeds 1,000 euros, whether in Spain or abroad.

Who has to file their Income Tax returns in Spain 2022?

In general, any person resident in Spain who has income must pay income tax, even if that money comes from overseas. Whether or not you have to file income tax returns depends on your annual income and how many people or sources you are being paid by.

Therefore, the following groups are obliged to pay income tax:

Those who have received 22,000 euros per year or more.
Those who have more than one payer in 2021. In this way, the limit is reduced to 14,000 euros if the amount received by the second and subsequent payers exceeds 1,500 euros.
People who are in ERE and ERTE will have to present the IRPF as they will be considered another payer apart from their company.
Those who have sold shares.
Those who have sold or rented out a property during 2021.
Those who have received subsidies or aid.
Those who have capital gains and losses.
Those taxpayers who are entitled to apply: the transitional regime of the deduction for investment in main residence, the deduction for double international taxation and the deduction for savings-business account are also obliged to file their tax returns.

Who is exempt from filing a tax return in Spain?

As a general rule, nobody is exempt from paying personal income tax and anyone who earns income must file a tax return. However, there are exceptions:

All those who have received less than 22,000 euros in earned income and have only one payer are not obliged to file their Spanish income tax. However, it is advisable to do so in order to recover your withholdings.
If you have two or more payers (and the second is more than 1,500 euros), the limit is 14,000 euros.
If you have earned less than 1,600 euros from your investments or current accounts, you do not have to file a tax return.
If you have earned less than 1,000 euros from capital gains

The Spanish tax system can be tricky to navigate, and so it’s always advisable to seek the advice of professional tax assessors who can present your income tax declaration for you.

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Other legal advice

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Main office : Avda. Doctor Meca, 107
Local 3 Puerto de Mazarrón
Murcia 30860 - España

E-mail: info-mazarron@palsolicitor.com
Direct Line (00 34) 968 595 826
Fax (00 34) 968 595 827