What happens if I do not make the income statement

The declaration of income is a kind of visit to the annual dentist, an illogical puzzle for those little understood in tax matters, a headache for the uninitiated and an annoying procedure for almost everyone.

Therefore, every year there are quite a few people who flirt with not doing it, just as there are many who do not know if they really have to do it, that is why in .com we bring you this article so you do not have to find out for yourself Experience what happens if I do not make the income statement .

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The first thing we will do is to indicate to you who must make the declaration, that is, under what circumstances you must present your income tax return since, obviously, those who are not obliged to do so will not have anything to do with it.

Although the Tax Agency says that all taxpayers who reside in Spain are obliged to declare, the truth is that there are some exceptions, those that have received only rendas of:

• Work performance that does not exceed 22, 000 euros per year .
• Performance of capital and income and capital gains not exceeding 1, 600 euros .
• Real estate income, treasury bills and subsidies for the purchase of official protection flats not exceeding 1, 000 euros per year .

People who meet any of these 3 requirements are not required to declare, but what happens if I do not make the income statement and am not among the exceptions?

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If you do not present the statement, different things may happen to you, depending on the case and how it was developed. For example, it is not the same not to present it as to submit it after the deadline.

In the case of presenting the declaration of rent after the deadline, you must pay a fine of between 100 and 400 euros for not doing so in the time you had marked, also, depending on whether we are the ones who announce the delay or if it is the Agency who communicates it to us, the sanction may increase.

So, if you do not want to pay more, check the deadlines!

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But the variables do not end here, it will not be the same sanction if the statement goes out to return that if you go out to pay, that is, if you are economically disadvantaged by not doing the rent or if you benefit.

In case you get injured, if it goes to return, you must submit the corresponding documentation and pay the penalty that we have discussed before, otherwise, if the agency who has to communicate the fine will be even greater.

If you do it before you claim it, you can benefit from a 50% reduction in the fine, to which you can add an additional 30% due to the fact that you have not had to claim, so with 70 euros you would have it everything fixed.

If, on the other hand, you are making who claims you for not having presented the income statement, you will have to bear the full costs of the penalty.

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What happens if I do not file the income tax return? Well pray that you do not go out to pay, because if so you are in the worst possible scenario. If you go out to pay, you will have to pay a few extra charges, which work for charges:

• The surcharge will be 5%, 10% or 15% depending on whether 3, 6 or 12 months have passed.
• If you spend more than 1 year the surcharge will pay a 20% surcharge, in addition to the late payment interest that you accumulate after the period of the voluntary declaration is exhausted.
• If you pay within the stipulated deadlines you will receive a discount of 25%
• If above is the Agency who notifies you of the delay, you will have to pay either an ordinary rebate of 20% or a reduced one of 10%, the sanction for extemporaneous declaration and interest for delay, which is 25% more of the legal interest of the money.

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And what are the deadlines to pay the debt with the Treasury? Well, this depends on when you receive the notification of the settlement, if you receive it:

• Between day 1 and 15, you can do it until day 20.
• Between the 15th and the last day of the month, you can do it until the 5th of the following month.