Start the Income campaign: these are the news and deadlines

The time has come to settle accounts with the Treasury. We remind you that on April 3rd the Income campaign for the year 2023 started, a tax that arrives loaded with novelties.

Main news

People who have obtained income of more than 22,000 euros during 2023, which is the reporting year, are required to declare , if they come from a single payer.

The threshold from which it is necessary to declare when there have been two or more payers during the year has been increased: this limit goes from 14,000 to 15,000 euros per year . But it will only have to be declared when the income from the second or remaining payers exceeds 1,500 euros per year.

For the self-employed there is an important novelty. All of them, regardless of income level, must submit the declaration . This is due to the new system of contributions based on real income. The Treasury must provide the Social Security with all the information of a tax nature, necessary to regularize quotas.

Working mothers with children under the age of three are entitled to a deduction of 1,200 euros each year. It can also be received as a check for 100 euros per month. This year, the limit that established that the deduction could not exceed the total of the Social Security contributions made by the mother was removed. In addition, there is an additional 1,000 euros deduction for childcare costs.

New electric vehicles, purchased from June 2023, are entitled to a deduction of 15 percent of the purchase value, up to a maximum price of 20,000 euros. You can also deduct 15 percent on a maximum basis of 4,000 euros for the installation of a charging point.

As of this year , the first declarations on operations carried out with cryptocurrencies, including those carried out abroad, will have to be submitted .

Calendar

As of April 3, the Tax Agency makes the draft declaration available to all taxpayers.

A calendar has thus been started with different dates and deadlines that will culminate on Monday, July 1, the last day of the campaign, both for the declarations to be returned and to be entered. Now, if the payment is direct debited in those statements in which the result is to be entered, the deadline is June 26.

If you need more information, do not hesitate to contact DATA AND SERVICES