On Wednesday, April 6, the 2021 Income campaign for telematic presentations begins. The bell will end on June 30.
This year the Tax agency has published on its website someinformative videos, including how to include subsidies or aid in the declaration, along with thepractical income manual 2021, with the aim of helping the taxpayer in completing and presenting the declaration and resolving the main doubts and frequently asked questions.
NEWS FOR THE SELF-EMPLOYED
There are various new features to take into account, these are some of the most significant:
- The only exception to the obligation to submit the declaration affects those who have earned less than 1,000 euros throughout the year.
- Subsidies and public aid may be recorded in the personal income tax return in four installments, that is, in the tax period in which they are obtained and in the following three.
- Increases for the highest incomes:
- For annual incomes greater than 300,000 euros, the personal income tax increases to 47%
- in the case of not exceeding 200,000 euros, up to 26%
- If we talk about assets of more than 10 million euros, the Wealth Tax increases to 3.5%
- A fourth tranche for savings income: a new tranche is created for income from savings (share dividends, investments in funds or fixed-term deposits) that exceed 200,000 euros, with a rate of 26%.
- New deductions on energy efficiency: they are applicable to investments in rehabilitation works that contribute to achieving certain improvements in the energy efficiency of the home or habitual or rented premises.
- Changes in pension plan deductions: deductions from individual private pension plans are reduced to a maximum of 2,000 euros (and remember that they will be 1,500 euros from 2022). For their part, business plans raise the limit to 8,000 euros.
- If you have both, the maximum reduction is limited to 10,000 euros.
- Cryptocurrencies: profits of more than 1,000 euros on investments in cryptocurrencies must be included in the declaration.
- Exemptions for those affected by the La Palma volcano: affected people will be exempt from personal income tax.
MAIN DEDUCTIBLE EXPENSES
Aside from the tax particularities of each autonomous community, the main deductible expenses are:
- Monthly Social Security contribution and management or consulting expenses
- Payment of payroll and Social Security contributions if you have hired employees
- Contracted insurance
- Payment of fees to colleges and professional associations
- Software subscriptions and licenses and property expenses
- Investment in marketing and advertising
- Work carried out by external suppliers (graphic design, photographs, etc.)
- Rental of offices -as long as it is registered with the Treasury- or coworking spaces, as well as supply costs
- Job material
- Per diems, transportation, travel or accommodation linked to economic activity
- Daycare or early childhood education center expenses if you have children under 3 years old
EN 
ES 
FR