SHARE
COPY LINK

TAXES

Monday marks deadline for Spanish tax returns

Monday marks the final deadline for handing in Spanish tax returns, and failure to do so could result in extra charges.

Monday marks deadline for Spanish tax returns
Spanish tax residents could face fines if they don't lodge their tax returns on Monday. Photo: Images of money/Flickr

If you are a resident in Spain for tax purposes — usually someone who lives in the country for at least 183 days a year — and earn more than €22,000 a year, Monday is a key date in the Spanish tax year.

"You need to lodge your tax return (declaración de renta) by Monday," Luis González, a spokesperson for Spain's tax office, told The Local.

"This can be done either by internet, or in person at one of our offices."

González said that offices would be very busy today, as many people left handing in their tax returns "to the last moment".

But he said it might be possible to "find a hole" in the schedule.

The tax office spokesperson said that if people were planning to visit an office, he would "highly recommend" that they call and make an appointment (cita previa).

The number for this service is 901 010 210. Appointments can also be made online

He also warned that the process might involve travelling to an office that was not necessarily the closest one. 

González said failure to hand in a tax return by Monday could mean fines.

"If you owe money to the Tax Office, you will be liable to a 5 percent charge within the first three months of being late," he explained.

But he was at pains to point out that people would not have to pay an extra charges if the Tax Office owed them money.

Tax residents in Spain who earn less than €22,000 should lodge a tax return if they have believe they have deductions owing to them.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.
For members

TAXES

Beskæftigelsesfradraget: What is Denmark’s employment allowance?

Denmark's government may soon announce changes to its tax reform plans, which will give all wage earners a bigger employment allowance. What is this and how will it affect foreigners' earnings?

Beskæftigelsesfradraget: What is Denmark's employment allowance?

What is the employment allowance? 

The Beskæftigelsesfradraget (from beskæftigelse, meaning employment, and fradrag, meaning rebate) was brought in by the centre-right Liberal Party back in 2004, the idea being that it would incentivise people to get off welfare and into a job.

Everyone whose employer pays Denmark’s 8 percent AM-bidrag, or arbejdsmarkedsbidrag, automatically receives beskæftigelsesfradraget. Unlike with some of Denmark’s tax rebates, there is no need to apply. The Danish Tax Agency simply exempts the first portion of your earnings from income taxes. 

In 2022, beskæftigelsesfradraget was set at 10.65 percent of income with a maximum rebate of 44,800 kroner. 

How did the government agree to change the employment allowance in its coalition deal? 

In Responsibility for Denmark, the coalition agreement between the Social Democrats, the Liberals and the Moderate Party, the new government said it would set aside 5 billion kroner for tax reforms.

Of this, 4 billion kroner was earmarked for increasing the employment allowance, with a further 0.3 billion going towards increasing an additional employment allowance for single parents.

According to the public broadcaster DR, the expectation was that this would increase the standard employment  allowance to 12.75 percent up to a maximum rebate of 53,600 kroner. 

How might this be further increased, according to Børsen? 

According to a report in the Børsen newspaper, the government now plans to set aside a further 1.75 billion kroner for tax reforms, of which nearly half — about 800 million kroner — will go towards a further increase to the employment allowance. 

The Danish Chamber of Commerce earlier this month released an analysis in which it argued that by raising removing all limits on the rebate for single parents and raising the maximum rebate for everone else by 20,300 kroner, the government could increase the labour supply by 4,850 people, more than double the 1,500 envisaged in the government agreement. 

According to the Børsen, the government estimates that its new extended allowance will increase the labour supply by 5,150 people.  

SHOW COMMENTS