From what salary are you obliged to file your income tax return?

This week the 2023 income and assets campaign begins with the presentation of returns online.

Oliver Thansan
Oliver Thansan
31 March 2024 Sunday 10:53
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From what salary are you obliged to file your income tax return?

This week the 2023 income and assets campaign begins with the presentation of returns online. One of the notable novelties for taxpayers is that this year the threshold is raised, from 14,000 to 15,000 euros, from which those who receive full income from work will be required to declare in certain cases.

Thus, taxpayers who have received at least 15,000 euros from more than one payer must carry out this procedure starting next Wednesday, April 3, unless the sum of the total obtained from the second and other payers does not exceed 1,500 euros per year. Another case that requires filing the declaration is having received compensatory pensions from the spouse or annuities for alimony that are not exempt from taxation.

Likewise, those who receive full income from work subject to a fixed rate of withholding must submit the declaration. "For the remaining taxpayers who obtain income from work, the limit to declare remains at 22,000 euros per year," explains the Tax Agency.

He insists, however, that taxpayers not required to declare in this income campaign should do this procedure "when requesting a tax refund." To determine the amount, the maternity deduction and deductions for large families, dependent disabled people or legally separated parents with two children or without a marriage bond must be taken into account.

Thus, for example, if you are entitled to the maternity deduction and the net payment - once bonuses and other deductions have been deducted - is 0, the result to be returned would be 1,200 euros if you have not opted for the early payment of the deduction of 100 euros per month.