Calendar of the tax return

The 2023 tax return campaign has begun and it is now possible to request the corresponding draft tax return. This campaign is expected to be one of the most detailed and complicated in recent years due to the implementation of the new anti-tax fraud law, which includes measures to combat these practices and which will have a direct impact on the tax return.

With the start of the new year, the 2023 tax return campaign begins. For taxpayers who wish to know their personal income tax return, they can request a draft tax return online. It is important to note that if you have a pending income tax return, the draft will not be available. All the latest news about the income tax campaign, along with access to the draft and how to request an appointment to receive attention from the tax agency, can be found on the official website of the campaign.

It is essential to be aware of the start and end dates of the campaign, as well as how to request and submit the draft tax return. The tax campaign presents new features, such as the possibility of being attended by the tax agency by appointment, both in person and online. It is essential to be aware of all the new developments in order to comply with our tax obligations.

For this reason, it is important for citizens to be prepared to comply with this process and prevent possible financial penalties. In this article, we will explain the most relevant aspects to take into account in order to make a correct 2022-2023 tax return.

What should we bear in mind for the 2023 tax return?

Filing a tax return is an annual responsibility that concerns most taxpayers in Spain. As the 2022-2023 tax year approaches, it is crucial that taxpayers are informed about the modifications and updates implemented.

The first thing to note is the tax filing period. In general, the tax filing period starts in April and ends in June (this year from Tuesday 11 April to 30 June 2023). However, it is advisable to check the specific deadlines set by each autonomous community.

Another important factor is the change in the IRPF (Personal Income Tax) brackets. For the 2022-2023 tax year, particular adjustments have been implemented in the IRPF brackets, which may impact the amount taxpayers have to pay.

To encourage investment and savings, certain tax deductions have been implemented, such as the new deduction for contributions to pension plans, the purchase of ecological housing and the rehabilitation of housing. Eligible taxpayers can use these deductions to reduce their tax burden.

It is important to note that although cryptocurrencies are not yet specifically regulated in Spain, they are considered an investment and must be declared in the tax return. Taxpayers who have made gains in cryptocurrencies must report these gains and pay the corresponding taxes. Taxpayers should take into account certain changes and updates to the income tax return for the 2022-2023 tax year.

How to file your 2023 tax return

The process of completing the tax return may seem complicated, but with a little preparation and patience it can be completed successfully. Below are the basic steps required in Spain to complete the tax return:

  • Download the draft tax return: The draft is a document that encompasses the taxpayer’s tax activities during the tax year, such as income earned, deductible activities and taxes paid. The draft can be downloaded from the Tax Agency website, using the digital certificate or Cl@ve PIN.
  • Check the draft and make any necessary corrections: It is essential to check the draft thoroughly and make sure that all the data is accurate. If an error is detected or you wish to incorporate a further deduction, you can make the necessary corrections.
  • Complete the tax return: Once the necessary amendments have been made, it is possible to complete the tax return. To do this, it is necessary to carefully follow the instructions on the draft tax return and fill in the appropriate fields.
  • Verify and confirm the tax return: After finalising the tax return, it is crucial to carefully check that everything is correct before confirming it. If any errors are detected later, it is possible to file a supplementary tax return. To confirm the return, it is possible to do so on the Tax Agency’s website, using the digital certificate or Cl@ve PIN, or to request an appointment to attend the Tax Agency’s offices in person.

It is relevant to consider that the important dates for filing the tax return change depending on the autonomous region of residence. It is recommended to check the deadlines specified by each autonomous region to avoid potential penalties.

In summary, filing a tax return can be an easy process if the established procedure is followed correctly. If you have any doubts or need help, it is advisable to seek the support of a lawyer who specialises in tax law.

Help from a tax advisor for your tax return 2023

The help of a tax advisor can be very useful for your tax return for several reasons. Firstly, tax advisors have an in-depth knowledge of tax legislation and are up to date with the changes and updates that occur each year. This allows them to identify possible tax deductions and reductions that may apply to the tax return.

Secondly, tax advisors can help taxpayers avoid errors and omissions that may result in fines or penalties from the tax authorities. They can also help taxpayers to file more efficiently and in line with tax rules.

Third, tax advice can save taxpayers time and effort, especially if they have a complicated tax situation or multiple sources of income. Tax advisors can collect all the necessary information and file the return on behalf of the taxpayer.

In short, the help of a tax advisor can be very valuable for the tax return, as it can help the taxpayer to maximise tax deductions, avoid mistakes and save time and effort in the process.

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