During the Fiscal Year 2023, Welex, lawyers and accountants in Spain, has the pleasure to write a few lines concerning the “Fiscal Calendar in Spain”. We will indicate the filing dates of the most relevant tax forms.
This is a guide to the tax calendar in Spain for the year 2023.
As an entrepreneur in Spain, you must comply with your tax obligations and keep up to date, it is advisable to remember that it is not advisable to run out of deadlines in order to avoid uncomfortable last-minute surprises.
If you are thinking of starting your business as a Company or Self-Employed in Spain, we remind you to keep in mind the quarters during the year and models associated with some of the taxes that we are going to present to you.
We will start with the month of January, during this month the taxes to be filed correspond to the fourth quarter of the previous month.
(i.e.: in this case, the fourth quarter of the year 2022).
Until the 20th of January you will be able to file several forms that correspond to the withholdings that the majority of small and medium sized companies and self-employed in Spain file quarterly and large companies monthly, during this quarter of the year we have:
– To declare and pay the income tax withholdings that the self-employed and companies have made during a quarter to workers, professionals or business people. If you have a company or you are a self-employed individual in Spain and also if you have one or more of the following
situations: You have workers with a payroll, even if the IRPF is zero. You have invoices from professionals received as expenses with IRPF withholding (Mod:111).
– Declare before the Spanish Tax Office the withholdings made for rent or work space. This declaration is presented by those who are rented, not by the owners of the property, i.e. the landlord (Form 115).
– Declaration that must be filed by: individuals, legal entities and other entities obliged to withhold or pay on account of Personal Income Tax, Corporation Tax and IRNR with income from movable capital (Form 123).
Another important date until 30 January:
– Payment of VAT in instalments, the difference between the VAT charged on sales invoices (charged to your customers) and the VAT paid on expense invoices (charged to your suppliers) is paid to the tax authorities every quarter. Any natural or legal person who is liable for sales tax (Form 303) is obliged to do so.
– Informative declaration in which we have had the intra-community operations of self-employed and VAT companies in those sales of goods or services made to a company or professional that is located in another state of the EU (European Union) (Form 349).
– Annual summary of the operations related to VAT liquidation, it is an informative declaration, it is presented with the closing of the accounts of each financial year, it is therefore the annual equivalent of form 303.
– Personal Income Tax instalments (forms 130 & 131)
We end this fourth quarter with 31 January, another deadline for filing the following annual summaries:
– Withholdings and payments on account on certain income or yields from the leasing or subletting of urban property. Individuals or entities that pay rent for premises or offices and are obliged to withhold or pay on account of personal income tax, corporate income tax and non-resident income tax (form 180).
– Annual summary of form 111 to be filed quarterly (form 190)
– Annual summary detailing withholdings and payments on account on certain income from real estate capital for Personal Income Tax and on certain income from Corporate Income Tax and Non-Resident Income Tax, corresponding to permanent establishments (form 193).
– Annual declaration of transactions with third parties and allows for cross-referencing data on economic transactions between suppliers and customers, provided that the total amount of such transactions exceeds
3,005.06 euros per year (VAT included).
– During this month, the option or waiver is also presented for the calculation of the instalment payments of the corporate income tax through form 036: called census declaration; also important for businessmen or professionals who are going to start an economic activity.
– We begin with the Income Tax Return This year 2023, the campaign starts on 11 April until 30 June. Form 100: request a personal income tax refund or payment.
The forms corresponding to the first quarter, i.e. from 1 January to 31 March, must be filed by 20 April:
– Withholding tax return and payment (forms 111-115).
– VAT (form 303), Intra-Community Transactions (form 349), Personal Income Tax instalment payments (forms 130 & 131).
– Submission of tax returns where the payment on account of Corporate Income Tax and Non-Resident Income Tax is settled and paid (form 202).
Large companies if turnover in the twelve months prior to the start date of the tax period exceeds 6,000,000 euros.
Second quarter of 2023, dates from 1 April to 30 June.
Up to the deadline of 20 July:
– Declaration and payment of withholdings (forms 111-115).
– VAT (form 303), Intra-Community Transactions (form 349), IRPF instalment payments (forms 130 & 131).
Until 25 July:
– Corporate income tax return or settlement with form 200. It is applied to the profits obtained by companies. Entities with residence in Spanish territory and with their own legal personality are obliged to file.
– Deadline for filing annual accounts with the Mercantile Register.
Until 20 October:
– Filing of third quarter tax returns from 1 July to 30 September; with forms 111 and 115, but also forms 130, 131 and form 202 for company payments in instalments. To these, we must add VAT forms 303 and 349.
At the end of the calendar year, until the 20th of December, the deadline for filing Corporate Income Tax (IS) with form 202 and until the end of the year (2nd of January, as the 31st falls on a weekend) we will be able to present various options and waivers through the census declaration.
Do not hesitate to contact our office of lawyers and accountants in Spain if you wish to know more about the tax calendar in Spain or if you need any tax or legal advice.