The tax return filing season is fast approaching, and with it comes the big question: will you owe money or receive a refund? To find out, you can now access and fill out this year's draft tax return. You can create the draft through the website provided by the Spanish Tax Agency. —the Lava Web Open Simulator—which will offer you an approximate projection. It has no legal effect whatsoever, but it helps to get an idea of ​​the outcome of the future tax return. Having this information in advance also allows workers to review all the data collected by the public agency and, in case of any errors, gives them more time to correct them.

The new income tax return campaign has already begun. In Catalonia, during the approximately three months it will last, the Tax Agency expects to refund 2,087 million euros to 2.2 million citizens. In contrast, the entity expects to collect 5,386 million euros from 1.9 million Catalans. The total amount of money that taxpayers will have to pay, therefore, increases by 15.6% compared to last year. Regarding wealth tax, the Tax Agency expects to collect 882 million euros. Thus, revenue from this tax will soar by 15.8% compared to what was collected last year, when the entity collected 761 million from Catalans. The number of declarations for this tax will also increase, going from 94,500 last year to more than 98,000 expected to be processed this year.

There are taxpayers who, even now, after the year in which they filed their 2024 income tax return (IRPF), have still not received the refund they requested. This is money they overpaid to the Tax Agency, on which the Agency does not pay interest. Although the Tax Agency has shortened refund processing times, which in some cases are completed in a matter of days, at the beginning of this year there are still 388,899 taxpayers who have not received their refunds, representing 2.6% of the total. Each year there is a similar proportion of outstanding returns, and these are the ones the Tax Agency scrutinizes most closely.

The Catalan Tax Agency (ATC), the body that collects taxes on behalf of the Generalitat (Catalan Government), has tripled the total number of people it has assisted with their income tax returns this year. Thus, in the 2024 personal income tax return campaign, which ended on Monday, a total of 47,205 people requested support from the ATC, more than triple the 13,193 from the previous campaign.

Any increase in assets must be justified. Under this principle, the Treasury also requires that wedding gifts be declared, ranging from bank transfers or cash to tangible gifts. The situation is the same for gifts given at baptisms or first communions, if they reach a high value.

The Spanish Tax Agency must return €2.198 billion corresponding to 2.33 million 2024 income tax returns filed by Catalan taxpayers, according to data published this Wednesday by the Ministry of Finance. The money to be returned corresponds to the personal income tax (IRPF) returns of the income tax campaign, which opened on April 2 and closed this Monday, June 30.

A few months ago it became known that the citizens of Spain are some of the users who use the Bizum application the most to make instant transfers from all over the world. Due to the increased use of this app, the Treasury is putting its focus on banking transactions made through Bizum by adding new controlsThe latest development from the Tax Agency is the tracking of all transactions, regardless of the amount involved, which represents a radical change in financial control.

We read in the ARA (Spanish National Association of Mortgages) that "if you have a mortgage taken out before December 31, 2012, you are entitled to a 2,000 euro tax deduction," but, as we know, subsequent deductions are no longer available. In the article, they explain that "in the rest of Spain, they have an average of 7 deductions, and they're as varied as gym memberships." In Catalonia, personal income tax rates are higher. Housing prices are higher, too. Don't get too excited. These deductions are like the Moves plan or those for solar panels. At the car dealership, they tell you you're entitled to the 5,000 euro Moves plan, and that they'll advance it to you. You're happy. And since Moves doesn't arrive in the promised year, or the next, the car dealership offers you a new loan to pay off the Moves plan you owe them. The result is that you pay interest on money that, therefore, would have been better off not having received.

Mutual society members who have not yet filed for personal income tax refunds will be able to do so no later than June 30, according to the Tax Agency.

The Treasury has made this decision while awaiting final approval of the new law that will allow members to return in a single payment the personal income tax owed for the years 2019, 2020, 2021 and 2025, as well as for previous years that have not expired. The Tax Agency expected the regulations to be approved on June 30, but in view of the delay, the refund application form will remain published on its website.

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Unless the 2025 income tax return campaign for 2024 income and expenses begins, the Spanish Tax Agency's machinery began operating on April 2 and will continue until June 30. For now, online tax returns are available, while telephone tax returns will not be available until May 6 (appointments can be made starting April 29) and in-person tax returns will not be available until June 2 (with appointments starting May 29).

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The income tax return campaign will begin on April 2nd, requiring submission of income and earnings from 2024. Filing will be possible until June 30th. The starting gun will be on April 2nd, but only for filing online. Telephone appointments cannot be scheduled until April 29th; this service will be activated starting May 6th. Those who prefer to file in person will not be able to apply until June 30th.

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The Salvador Illa government continues to seek alternatives to provide itself with more resources without having a budget for 2025, which has been extended for the last two years. For now, tomorrow, the Executive Council will approve a supplementary credit of €2,167.7 million, which will be used to guarantee the operation of public services and cover personnel expenses not currently included in the accounts. This was announced this Monday at a press conference by the Minister of Economy of the Generalitat (Catalan Government), Alicia Romero, who argued that this is "good news so that the system, despite lacking resources, can operate normally."

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Couples' recurring doubts about whether it is more profitable for them to do their tax returns jointly or separately may be coming to an end. The Spanish government has announced to Brussels in an annex to the recovery plan the gradual elimination of this option, which in practice offered bonuses to families in which one of the two members had a low income.

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