The Income statement campaign brings with it a headache for taxpayers, since every year, they must soak up the entire tax regime and its novelties so as not to be confused when it comes to marking the correct box in the draft. In addition to the doubts that arise in this annual meeting with the Tax Agency, also there is the belief of false myths or erroneous thoughts that can lead to numerous mistakes. For this reason, we review the 8 most widespread myths that we must take into account when rendering accounts with the Treasury.
1. If the rent is made for one year, it must always be done
This statement is false, since Submitting the Income Statement in a fiscal year does not obligate it to be carried out in the following. The presentation of the IRPF and Patrimony declaration is independent in each year, since the economic circumstances can change from one year to another, which could exempt us from presenting it.
2. When requesting the draft, the Income must be presented
Requesting the draft does not oblige to present the Income statement, since if this document is obtained and the requirements for not presenting it are met, this draft can be ignored if it is not interesting for the taxpayer.
3. Everything that appears in the draft is correct
This is another myth about the Income statement, since even if the Treasury provides a draft, it must be reviewed prior to its delivery, since The data that appears in this document may be out of date or be wrong. Therefore, it is essential to check all the information, adding the data that is necessary or modifying those that are incorrect before confirming it.
4. Better keep quiet if the Treasury does not know
In the event that any important data does not appear in the draft, this means that the Treasury does not know it, however, not saying anything can constitute fraud. Therefore, hiding information from the Administration can have serious consequences in the form of parallel declarations, sanctions and surcharges in the event that the Tax Agency discovers this information within a maximum period of four years.
5. It is better not to make the declaration if we are not obliged
Not everyone should make the Income statement, but there are a number of exceptions for which a person is not required to do so. However, this is not good news for those exempt, since the taxpayer may be pleasantly surprised that, although he is not required to file it, I go out to return it, receiving extra money from the Treasury. And in the event that it comes out to pay, as it is not obligated, it will not be necessary to present it.
6. If you are unemployed, you should not make the statement
This is another myth that spreads in the Income statement, since even if a person is unemployed, this does not mean that they are exempt from paying taxes in this annual appointment with the Tax Agency. The State counts as a second payer, so if a person worked for a few months but also received unemployment benefits, This will have two payers in the rent and if it reaches the minimum of 14,000 euros per year, you will be obliged to declare.
7. If you work for more than one company, you pay more
Having two payers during a fiscal year does not mean that you have to contribute a greater amount in the Income statement. With a payer, those who obtain work income of more than 22,000 euros per year are obliged to do so, while those who have two payers or more must present it from 14,000 euros per year if they have collected more than 1,500 euros from the second payer.
8. Minors do not make the declaration
The Income statement is not exclusive for those over 18 years of age, but minors will also have to present it when their income reaches the established minimums. In the event that the minor has obtained income of less than 8,000 euros and is included in a joint return, These incomes must be included in the declaration.
In the event that they earn less than that amount, the children are entitled to apply the minimum for descendants up to 25 years of age, even if a joint declaration is not made. If your income exceeds 1,800 euros and you rent on your ownthe parents will not be able to include it within the family unit or apply the minimum for descendants.