In Spain, the Personal Income Tax (Impuesto sobre la Renta de las Personas Físicas – IRPF) is a direct tax levied on the worldwide income of individuals who are considered tax residents. This encompasses various income sources, including employment earnings, business profits, capital gains, and rental income.
Taxpayers (Sujeto Pasivo): Individuals who reside in Spain for more than 183 days within a calendar year or have their main economic interests in Spain are deemed tax residents and are subject to IRPF.
Taxable Income: IRPF applies to a broad range of income categories, such as:
Employment income: Salaries, wages, and bonuses.
Business income: Profits from self-employment or business activities.
Capital gains: Profits from the sale of assets like real estate or stocks.
Rental income: Earnings from leasing properties.
Filing deadlines: The tax return, known as the "Declaración de la Renta," is typically filed between April and June of the year following the tax year.
At Svelsan International Lawyers, we provide comprehensive services to ensure your compliance with Spanish tax obligations:
Tax assessment: We analyse your financial situation to determine your tax liabilities accurately.
Documentation preparation: Our team prepares and organises all necessary documents for your tax return.
Timely filing: We ensure that your tax return is submitted within the stipulated deadlines to avoid penalties.
Entrust Svelsan International Lawyers with your personal income tax matters, and benefit from our expertise in navigating the complexities of Spanish tax law.
