Start of the 2023-24 Income Declaration Campaign
The 2023-24 Income Tax declaration campaign has already begun, allowing Spanish citizens to submit their income to the Treasury and comply with their tax obligations. This process can be a source of uncertainty for many people, as they may have doubts about whether they will have to make additional payments or whether they will be able to receive a refund.
High Presentation Figures
The first day of the campaign has recorded surprising numbers, with more than half a million taxpayers presenting their Income before 10 am on Wednesday 3 April. This represents an average of more than 1,450 declarations per minute, reflecting a strong interest on the part of the population in complying with this tax obligation.
Advice and self-assessment
Taxpayers have the option of using agencies or making the declaration on their own. It is important to understand several fundamental aspects to avoid serious penalties from the Tax Agency.
Management and Responsibilities
The agencies play a key role in the declaration of Income, especially for self-employed workers. Despite this, in the event of errors, it is the taxpayer who assumes responsibility, although Law 58/2003 allows taxpayers to claim responsibility from the agencies.
Fiscal Domicile and Self-Assessment
Tax domicile is a crucial aspect that can result in significant fines if it is not updated. In addition, errors in the self-assessment of income can lead to considerable penalties, especially in cases of serious violations such as concealment of income or fraudulent manipulation of information.
Importance of Detail
It is essential to pay attention to the details in the income statement to avoid problems. It is necessary to comply with all obligations and remember that the errors of external management will always fall on the individual.
