Have you already filed the income tax return? If you haven't done it yet, don't worry because you have until July 1 to submit it. You can do it in person, online or by phone. You choose. Keep in mind that if you want the Tax Agency to call you, you can already make an appointment. But if you prefer to do it in person, you must wait until May 14. You have all the accesses to the services and information offered by the Tax Agency here. This year there are news, I will explain them to you!
Have you already filed the income tax return? If you haven't done it yet, don't worry because you have until July 1 to submit it. You can do it in person, online or by phone. You choose. Keep in mind that if you want the Tax Agency to call you, you can already make an appointment. But if you prefer to do it in person, you must wait until May 14. You have all the accesses to the services and information offered by the Tax Agency here. This year there are news, I will explain them to you!
Should I make the income statement?
Should I make the income statement?
If you charge more than 22,000 euros a year you must submit the declaration. And if you charge from two or more payers, you must present it when it exceeds 14,000 euros a year. But beware! Provided that from the second payer more than 1,500 euros per year is received. Exceptionally, for this income it will be 12,643 euros and it will be in the 2019 statement when said limit will be extended to 14,000 euros per year.
REFUND OF INCOME TAX OF THE MATERNITY BENEFIT
REFUND OF INCOME TAX OF THE MATERNITY BENEFIT
Both mothers and fathers can claim the tax they paid in past non-prescribed years. It can only be requested since 2014 and the amount will depend on the amount of the benefit given by each mother. This procedure can be done from the Treasury website. Withholding benefits received during 2018 will be regularized with the presentation of this year's income.
DAY CARE CHECK
DAY CARE CHECK
If you pay for daycare through a daycare check through your payroll, forget about applying this deduction. Or if the city council has offered you a scholarship. But, for other mothers and fathers, you should know that there is a deduction of up to € 1,000 for custody expenses of a child under three years of age in daycare centers or nursery schools. This affects pre-registration and enrollment costs for the child, attendance, general and extended hours, and food. You will not collect this deduction in advance, but you will have to wait for the income statement, so now is the time!
It is good that you know that the nurseries have had to present an informative return to the Treasury, form 233. Thus, the Treasury has this information to contemplate during the presentation of the income.
CAN A SELF-EMPLOYEE LOSE SUPPLIES IN THEIR HOME?
CAN A SELF-EMPLOYEE LOSE SUPPLIES IN THEIR HOME?
If you are self-employed and your office is at home you can deduct 30% on the proportional part of the m2 where you carry out your activity. We talk about the supplies of water, gas, electricity, internet and telephony. Take note!
AND SUPPORT, CAN IT BE DEDUCTED?
AND SUPPORT, CAN IT BE DEDUCTED?
There are many who have this type of doubt. Well, you know that a freelancer can deduct 11 euros a day at most, as long as you can prove the expense in restaurants and it is paid by electronic means of payment.
THE REDUCTION OF APPLICATION TO WORK PROFITS HAS BEEN INCREASED
THE REDUCTION OF APPLICATION TO WORK PROFITS HAS BEEN INCREASED
It has gone from € 3,700 to € 5,565, in its most advantageous section. The limit has also increased, going from € 14,450 to € 16,825. In this way, it is intended to benefit workers with lower wage income. So if you are unfortunately one of them, you will benefit from this reduction.
DEDUCTION FOR INVESTING IN NEWLY CREATED COMPANIES
DEDUCTION FOR INVESTING IN NEWLY CREATED COMPANIES
You can deduct 30% of the amounts paid in the period for the subscription of shares or participations in newly or recently created companies that meet the requirements. At most you can deduct € 60,000 per year.
LARGE FAMILIES AND PERSONS WITH DEPENDENT DISABILITIES MAY RECEIVE A DEDUCTION
LARGE FAMILIES AND INDIVIDUALS WITH DEPENDENT DISABILITIES MAY RECEIVE A DEDUCTION
In advance, people with these characteristics can receive 1,200 euros per year. The difference between this campaign and the previous one is that the assumptions to access this type of deduction are extended. For example, this amount can now also be deducted by spouses with disabilities who are not legally separated, as long as their income does not exceed 8,000 euros.
THE FOURTH CHILD, MORE DEDUCTION THAN IN THE PREVIOUS INCOME
THE FOURTH CHILD, MORE DEDUCTION THAN IN THE PREVIOUS INCOME
Another novelty to note is that this year it is increased to 600 euros per year (that is, 50 euros per month) for each child from the fourth for the general category or for the sixth for the special category. But think that in 2018 it only applies from August to December, therefore, it will be 250 euros at most.
DEDUCTION FOR WORKING MOTHERS: 100 EUROS PER MONTH
DEDUCTION FOR WORKING MOTHERS: 100 EUROS PER MONTH
Besides, you have the well-known deduction of 1,200 euros a year for working mothers with children under 3 years of age who were born in Spain or have been adopted in our country.
These deductions are intended to benefit families, mothers and fathers, workers with very low wages or the self-employed. Every year, we are all on the lookout for news on the income tax return. At the moment, for attention so that these deductions do not escape you and if you have any questions, go to a tax professional, it is really worth it.
