Dates of the Spanish Tax Season

One of the most important changes this year is the advance of the dates for filing the income tax return. The 2024-2025 income tax campaign will begin on April 2, and citizens will have until June 30 to process their returns, as usual tax payments are done in two instalments: 60% in June 30 and the other 40% in November 6, 2025.

Spanish Tax Simulator 2025

However, as happens every year, the Spanish Tax Agency has enabled a Tax Simulator that allows an estimate of what the final result of the income tax return will be. This allows the citizen in question, through the draft made, to know if they must pay a certain amount to the Treasury or, otherwise, must receive a refund from the public body. This is a version of Renta WEB that works as a simulator. It does not require taxpayer identification, does not validate the taxpayer’s NIF and does not need to have tax data. Therefore, the IRPF declaration can be simulated based on the data that is entered.

Not all residents are required to file a declaration this year.

Taxpayers with annual gross income of no more than 22,000€ from a single payer. If income is received from two or more payers, the limit is 14,000€ if the sum of the amounts received from the second and remaining payers exceeds 2,500€.

Those whose net income from economic activities, self-employment, does not exceed 1,000€, if they are not required to keep accounts.

In addition to the salary conditions mentioned above, taxpayers who meet any of the following requirements will also be exempt from having to file an annual income tax return in Spain.

• Victims of the Spanish Civil War and acts of terrorism.
• High-level athletes whose financial aid is related to programs of the Higher Council of Sports (CSD).
• People affected by HIV who are receiving aid.
• Relevant prizes related to the scientific, literary or artistic field.
• People who receive compensation for civil liability for personal injury.

Penalties for not filing

The rest of the taxpayers must file their income tax return compulsorily this year 2025. If they do not do so, they may face serious financial penalties. The penalties are usually 50% of the amount corresponding to their income, although they can be much higher depending on the damage caused and its severity.

What can US Tax Consultants can do for you?

US Tax Consultants can prepare your Spanish tax return, in accordance with current legislation, declaring worldwide income, which means including income that the resident has from abroad. For this reason, we are convinced of the effectiveness and efficiency in achieving a good result when a single preparer prepares both returns: the Spanish one and the US one. In both cases, the same documentation is needed and thus communication and coordination errors between the two possible managers are avoided.

Please do not hesitate to contact us by phone (+34 915194392), by email (info@ustaxconsultants.es) or by booking a free consultation, no commitment with us.