The regulations of the Tax Agency collects the limits in which it is essential to present the draft
The campaign for income statement is just around the corner Already starting next April 2, all people forced to declare must submit their Declaration of IRPF.
One of the most frequent doubts is who must submit the income statement. This question is usually given especially when the taxpayer’s economic situation has undergone a relevant change after the campaign of the previous year or in those people who have recently incorporated into the labor market and be the first time that they must present their income for this tribute.
Is age a requirement to submit the statement?
Having to present or not the income statement depends on multiple factors. The first of these are the income obtained, in this case, during exercise 2024. Also situations such as inheritance or real estate movements can determine the need to submit to the Tax Agency the yields obtained. In the case of Ageyou have to keep in mind that age It is not in any case a factor to avoid tax obligations. Everyone who meets minimum income, You must declare to the Treasury.
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If there is only one payer the threshold is set at 22,000 euros per year
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If with two or more payers more than 15,876 euros are entered, but does not charge more than 1,500 from the second payer and the total income does not exceed 22,000 euros it is not necessary to submit the declaration
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If the 15,876 euros per year are exceeded with more than 1,500 euros from the second payer the income statement is mandatory
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All self -employed regional for 2024 must make the income statement, without exceptions
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If the autonomous tribute for simplified direct estimation increases the percentage of costs of difficult justification from 5 to 7%, with the limit of 2,000 euros
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Full yields of furniture capital (shares, interest interests, deposits or fixed income values, etc.) and equity profits (profits derived from reimbursements of shares in investment funds, prizes for participation in competitions or games, etc.), subject to retention or income on account, with the joint limit of 1,600 euros per year annually
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Real Estate Income, Treasury Letters and Subsidies for Acquisition of Official or Price Price Housing, and other patrimonial earnings derived from public aid, with a joint limit of 1,000 euros per year
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The work yields: consideration or profits, monetary or in kind, which derive, directly or indirectly, from personal work or the employment or statutory relationship and do not have the character of yields of economic activities, such as salaries and salaries, unemployment benefits or pensions)
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Real real estate and furniture yields: consideration or profits, monetary or in kind, that come, directly or indirectly, of patrimonial elements, goods or rights, that are owned by the taxpayer and that it does not need to obtain business or professionals (contrary to what happens, for example, with the property where the taxpayer performs his activity)
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The yields of economic activities (for example, manufacturing, trade or provision of services, including crafts, agricultural, forestry, livestock, fishing, construction, mining, and the exercise of liberal, artistic and sports professions)
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Earnings and heritage losses
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Income charges established by law
As there are obligations to pay, there are also income that is exempt, although only those under a very specific regulation.
As every year, the Income declaration arrives with novelties of which all taxpayers must be aware if their situation fits a new standard. Also, the statement also includes changes in some deductions. It is for this reason, that it is recommended to inform yourself of all the news or, in case of doubt, consult with a fiscal expert.
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