The 2021-2022 Income Campaign faces its last third with the staging of the presentations of the declarations in person () at the Treasury offices. On the occasion of this key date, the agency has recalled that, with exceptions, all people are obliged to settle accounts with respect to Personal Income Tax (IRPF).
, the Tax Agency has explained that in the first two months of the Income Campaign, 12.99 million taxpayers have already submitted their declaration, although almost nine million more declarations are still expected. For this reason, it is important to know who is obliged and who is not to file the declaration.
The Treasury dedicates a space called ‘Who is not obliged to declare’ to resolve any doubts that may arise in this regard. The agency explains that “in general terms, taxpayers with income exclusively from work up to an amount of 22,000 euros per year are not required.”
In the same way, the Treasury asserts that the limit is reduced if there is more than one payer of those earned income, with some exceptions:
-The limit goes to 14,000 euros per year if from the second payer (and successive ones) more than 1,500 euros per year are paid.
-The limit remains at 22,000 euros per year if the second and subsequent payers fail to pay 1,500 euros per year.
In addition, there are three more cases in which the income limit remains at 14,000 euros if they come exclusively from work income. People who earn less than 14,000 euros per year will not have to present the Income as long as:
-They receive compensatory pensions from the spouse or annuities for food.
-They receive income that is subject to a fixed rate of withholding.
-They receive income from a payer who is not obliged to withhold.
In what other cases it is not necessary to make the Rent
The Treasury also indicates that the aforementioned limits are also valid in the event that, instead of income from rents, or in parallel to them, the following full returns are obtained:
-Dividends, interest and capital gains subject to withholding with a maximum limit of 1,600 euros per year.
-Imputed real estate income, full income from movable capital not subject to withholding derived from Treasury bills and subsidies for the acquisition of officially protected or appraised price housing, and other capital gains derived from public aid for a maximum limit of 1,000 euros per year .
And, finally, the case of those taxpayers who hardly have any income, adding up all that obtained by way of work income, movable or real estate capital, and economic activities. If they do not reach 1,000 euros, they will not have to present the Income statement. Neither are people who prove property losses of less than 500 euros per year.
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