The rent campaign of the 2018 financial year will start next April 2. As a previous step, the Tax Agency has put from this Friday At the disposal of taxpayers, their fiscal data for the past fiscal year, as well as a simulator, the link to their renewed mobile application and other services so that anyone who wishes it can accelerate the preparation of their IRPF statement.
In some cases, however, tax information that is downloaded from the tax office's website will also include a series of notices to the taxpayer when the Tax agency I have detected that he has accounts abroad or real estate for rent without declaring, for example. An opportunity for those indicated to regularize their situation in the imminent income campaign. These are some of the keys:
- How many notices for accounts abroad will finance?
The Tax Agency began to notify taxpayers that it has knowledge of undeclared income or pensions from other countries in the 2013 rent campaign. This year, however, the Treasury has multiplied the volume of information handled by the taxpayers. new information exchange agreements (the so-called CRS) stamped with a hundred OECD countries. As a result, the last november the treasury had detected the existence of 1.6 million accounts of Spaniards abroad that contained 457,000 million euros, the equivalent of 40% of the national GDP. Finance explained that these data were not debugged so the number of taxpayers receiving the notices may be significantly lower but predictably exceed one million.
- Is it mandatory to declare all accounts that are held outside of Spain?
The duty of the taxpayer is to include in his declaration all the income or accounts that generate income whatever his balance or origin. An unpaid account abroad does not have to be reflected in the declaration but it must be reported to the Tax Agency through model 720 of goods and rights, if it exceeds the threshold of 50,000 euros.
- What other warnings does the tax authority make?
Since the 2015 rental campaign, the Tax Agency notifies taxpayers when they know that they are owners of rental homes published on web portals. A year later, it began to inform those compensated by the land clauses of the bank when they had to regularize the deduction that had been applied for the purchase of housing, and last year advised the recipients of the loyalty bonuses that Banco Santander delivered to the old shareholders of Banco Popular. This type of alerts are appearing since Friday to those who have requested in advance their fiscal data for 2018.
- What services of the campaign are already available?
Since Friday, an open income statement simulator has been operative on the Tax Agency web page, which allows taxpayers to check the result they will obtain under different assumptions and depending on the deductions they apply. It is also possible to consult the fiscal data, the reference number, download the renewed mobile application that will allow you to consult and confirm the draft of the declaration from the phone or inform yourself of the regulatory changes and formulas to present the declaration.
- How can the declaration be presented?
Taxpayers will be able to present their income tax return from April 2 to July 1, both days included, although the term ends on June 26 for those who direct the payment or collection of the result of the declaration. This can be presented through the website of the Tax Agency, its mobile application, in its offices or by telephone, although this year the possibility of obtaining a printed pre-declaration has been eliminated (although it is possible to print the draft).
- Since when can you request a prior appointment with the Tax Agency?
The request for prior appointments or telephone assistance with the tax administration can be made from April 1, one day before the start of the rental campaign.
- Who is required to present the declaration?
In 2018 the record of declarations with a total of 19.98 million was broken. They are exempt from submitting those who enter up to 22,000 euros a year from a single payer (or several if only receive 1,500 euros from secondary). Nor will it be mandatory for those who, having several payors, receive a maximum of 12,643 euros from them (previously there were 12,000). In any case, since this year they are exempt from paying the tax who receive up to 14,000 euros a year (compared to the 12,000 that were previously).
- Will the 2018 declaration be more expensive or cheaper?
The main change that affects income tax in the campaign this year is the reduction of the tax for rents of between 14,000 to 18,000 euros that was included in the General State Budget of 2018. The taxpayers of this stretch of income will be saved, on average , 440 euros in his statement this year.
- Do we have to pay for maternity or paternity leave?
This year, for the first time, maternity and paternity benefits are not taxed by IRPF, as established by the Supreme Court.
- Are there changes in tax deductions?
The maternity deductions (up to 1,000 euros in education expenses for children under three years), large families (600 euros per additional child) and disabled persons are expanded. Self-employed workers who work at home may deduct supply and maintenance costs.