Post by account_disabled on Mar 7, 2024 5:29:55 GMT 1
It is important to highlight that, in the event of failure to deposit the first fraction within the period, that is, 60%, the executive period will begin with respect to the entire amount to be deposited resulting from the self-assessment. News from the 2023 Income Campaign Obligation to declare personal income tax 2023 Regarding the obligation to submit the annual tax return, the main novelty arises with respect to the self-employed , given that they will have to submit the return, regardless of their level of income . Until now, an obligation only existed when the performance of the activity exceeded 1,000 euros.
Regarding workers , as stated in the Asia Mobile Number List BOE, for 2023 income the exclusive limit of the obligation to declare is raised in the case of work income provided for in article 96.3 of the Personal Income Tax Law (those that come from more than one payer with the exceptions indicated in said article; compensatory pensions for the spouse or annuities for non-exempt food; when the payer is not obliged to withhold or in the case of income subject to a fixed rate of personal income tax withholding), which becomes 15,000 euros (previously it was set at €14,000).
This group benefits from a reduction in personal income tax in 2023. Reduction in case of home rental For personal income tax 2023, the 60 percent reduction of the positive net return in the case of leasing real estate for housing will remain in force . It is important to highlight that since July 2021, the Personal Income Tax Law expressly states that the aforementioned reduction cannot be applied with respect to the part of income derived from income not included or expenses improperly deducted in the taxpayer's self-assessment and that are regularized by the Administration.
On the other hand, the new reductions planned for rents in stressed areas and introduced by the Housing Law, will be applicable for personal income tax 2024, to be presented in 2025. Reduction for obtaining work income Law 31/2022 on General State Budgets for the year 2023 modified article 20 of the Personal Income Tax Law ( LIRPF ), increasing both the amount of the reduction and the amount below which it will be applied. In this way, for the 2023 income the reduction is set at the following amounts, according to the taxpayer: Taxpayers with net income from work equal to or less than 14,047.50 euros: 6,498 euros annually.
Regarding workers , as stated in the Asia Mobile Number List BOE, for 2023 income the exclusive limit of the obligation to declare is raised in the case of work income provided for in article 96.3 of the Personal Income Tax Law (those that come from more than one payer with the exceptions indicated in said article; compensatory pensions for the spouse or annuities for non-exempt food; when the payer is not obliged to withhold or in the case of income subject to a fixed rate of personal income tax withholding), which becomes 15,000 euros (previously it was set at €14,000).
This group benefits from a reduction in personal income tax in 2023. Reduction in case of home rental For personal income tax 2023, the 60 percent reduction of the positive net return in the case of leasing real estate for housing will remain in force . It is important to highlight that since July 2021, the Personal Income Tax Law expressly states that the aforementioned reduction cannot be applied with respect to the part of income derived from income not included or expenses improperly deducted in the taxpayer's self-assessment and that are regularized by the Administration.
On the other hand, the new reductions planned for rents in stressed areas and introduced by the Housing Law, will be applicable for personal income tax 2024, to be presented in 2025. Reduction for obtaining work income Law 31/2022 on General State Budgets for the year 2023 modified article 20 of the Personal Income Tax Law ( LIRPF ), increasing both the amount of the reduction and the amount below which it will be applied. In this way, for the 2023 income the reduction is set at the following amounts, according to the taxpayer: Taxpayers with net income from work equal to or less than 14,047.50 euros: 6,498 euros annually.