Thousands of Spaniards will be held accountable Hacienda on the fiscal year 2023 from next April 3. Until July 1, Spanish taxpayers will be able to present the draft of their declaration through different means. To do it in a way telephone or in personl, it is necessary to order in advance. This is one of the deductions with which you can save up to 1,000 euros.
What is the Income Tax Declaration
The income tax return is that model where, among other taxes, the Personal Income Tax is balanced: throughout the year citizens contribute this tax – a percentage of work income, whose percentage depends on the amount of money we earn per year– through payrolls (in the case of salaried workers) or invoices (in the case of self-employed workers).
These are the income deductions
Many are already wondering what type of deductions they can take advantage of in the new Income Tax campaign. For the citizens of Madrid, those that were available last year are maintained and there are also a series of new features. Some of these are the deduction for caring for ancestors, for the payment of interest on loans in different studies and for interest on loans obtained to buy a house. There is also a deduction with which you can save up to 1,000 euros.
Who can request the deduction of 1,000 euros
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Those people who are young people under 30 years of age, live in the Community of Madrid and have bought a home during the last year will be able to access this deduction for income. This consists of a saving of 25% of the interest on the mortgage loans they have requested to purchase the home. The maximum limit of money to be deducted is 1,031 euros, regardless of whether the taxation is individual or joint.
In addition to meeting all the aforementioned requirements, they must have purchased the home and formalized the loan before January 1, 2023. The deduction will be applied until the month prior to the month in which the taxpayer reaches the age established as a fundamental requirement.
2024-04-01 09:47:55
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