We speak with Armi Martí, from the Labor, Tax and Legal Advisory www.armimartipolache.es
What will the 2020 income be like?
The income that has been received from work performance, economic activity and pensions will have to be declared. If there is an increase or decrease in capital gains and others.
Who has to make the 2020 income?
Those taxpayers who have exclusively received income from personal work, equal to or greater than € 22.000 per year as long as they come from a single payer. The limit will be € 14.000 when there are two or more payers and one of them receives more than € 1500 euros, one thousand five hundred euros. Then, compensatory spouse pensions and non-exempt maintenance annuities. As well as returns subject to any fixed type of withholding and finally income from economic activities.
Cases: People who had a job and are collecting from the ERTE
1.- Anyone who has a single payer and has an income equal to or greater than € 22.000 has the obligation to do so
2. The limit is € 14.000 if there is more than one payer, as is the case of the worker who worked until March 15, for example and then began to collect from the ERTE, then these people are always obliged to declare that exceeds the amount of € 14.000 and the second and remaining payer is greater than € 1.500 during the 2020 financial year
Cases: People who are self-employed and are collecting aid
They have to declare their income with their freelance income plus what they have received from the aid. Eg: a person who has billed with autonomous January, February and March and has an economic activity performance and then will have eight months collecting the aid, is autonomous. Yes or yes, you have to declare whether or not you have two payers, the condition is for being autonomous.
What is the fiscal calendar?
You can start getting your draft out on March 23rd. Find out what data is available and, if correct, validate it and if you have any questions, ask.
As of April 07, the declarations begin and ends on June 25 to collect.
Make the declaration with an expert or with the treasury?
Not always the data they have is correct. Sometimes you are missing information. We recommend that you take care of your assets and file your income tax return with an expert in the field.
Legal Advice Armi Martí Polache, with more than twenty-five years in the professional sphere of law.
