The Tax Office and Income Tax in Spain 2019. 2020 Income Tax Campaign.

The tax agency, the scales of income tax in Spain, filing dates and more. By Welex, your tax advisor in Marbella

The Tax Office and Income Tax in Spain 2019. 2020 Rent Campaign

Our Tax Advisors in Marbella are pleased to write a few lines about the Tax Agency in Spain and the Income Tax Campaign for the year 2020 that will be starting soon.

When was the Tax Office created in Spain?

Our Tax Advisors in Marbella are pleased to write a few lines about the Tax Agency in Spain and the Income Tax Campaign for the year 2020 that will be starting soon

The Spanish Tax Agency was established on 01.01.1992 as an entity dependent on the Ministry of Economy and Finance. This ministry gave it some autonomy in budgetary and personnel management matters.

The tax system in Spain is applied precisely thanks to the Tax Agency in such a way that everyone has to contribute to the support of public expenditure in accordance with their economic capacity. Although it does not have the power to draw up or approve tax regulations.

Summary of the main functions of the tax office in Spain:

We all know that the tax agency is primarily concerned with the collection and inspection of state-owned taxes. By way of example, it deals with:

a)      Personal Income Tax (IRPF)

b)     Corporate Tax (IS)

c)      Non-Resident Income Tax (IRNR)

d)     Value Added Tax (VAT)

e)     Excise tax.

But also carries out:

1)      The collection of the revenues that correspond to the Autonomous Communities and Autonomous Cities.

2)      The collection of certain revenue on behalf of the European Union.

 

3)      Customs management and collaboration in the prosecution of certain tax and smuggling crimes, among others.

Do not hesitate to contact WeLex, your Tax Advisor in Marbella if you need advice regarding the above mentioned taxes.

Personal Income Tax in Spain fiscal year 2019 to be presented in 2020.

Although this office of Tax Consultants in Marbella has already written a lot about this State Tax in Spain we would like to emphasise:

Income Tax filing deadlines

1 April 2020 is the start of the deadline for the online submission of Income and Wealth Tax returns for 2019.

If you would like our office to assist you with your presentation please contact our tax consultant’s office in Marbella now. We will be happy to help you with the preparation and presentation of your I.R.P.F. in Spain.

If the result of your personal income tax return in Spain is A RETURN, you can file it from April 2 to July 1, 2019.

 

If the result of your income is TO DEPOSIT, you can file it from April 2 to July 1, 2019 (until June 26, 2019 if you want to domicile the income).

Tax scales to be taken into account for the purposes of preparing the Personal Income Tax in Spain for the 2019 fiscal year.

In principle, for a taxpayer resident for tax purposes in the Autonomous Community of Andalusia, two scales should be taken into account.

The national scale of Personal Income Tax in Spain.

Settlement basisFull quotaOther net baseApplicable rate
Up to eurosEurosUp to eurosPercentage
0.000.0012,450.009.50
12,450.001,182.757,750.0012.00
20,200.002,112.7515,000.0015.00
35,200.004,362.7524,800.0018.50
60,000,008,950.75Henceforth22.50
As well as the regional scale applicable for the 2019 tax year to be taken into account in the personal income tax return filed for the year 2020 is
Settlement basisFull quotaOther Net BaseApplicable rate
Up to eurosEurosUp to eurosPercentage
0.000.0012,450.009.75%
12,450.001,213.887,750.0012.00%
20,200.002,143.887,800.0015.00%
28,000.003,313.887,200.0016.20%
35.200.004,480.2814.800.0018.90%
50,000.007,277.4810,000.0019.30%
60,000.009,207.4860,000.0023.30%
120,000.0023,187.48Henceforth24.90%
Are you a tax resident in Spain? Don’t hesitate to contact our offices of economists and Tax Advisors in Marbella now! We will be happy to advise you on the preparation of the Personal Income Tax in Spain.

WeLex, your office of economists and Tax Advisors in Marbella.