There are still many months to go, but some Spaniards are already thinking about the next income tax return without having received this one yet.exactly Submitting your income to the Administration of Taxation (AEAT) every year can be a real headachebut it’s possible if you know how to do Save up to €10,000 per year by applying deductions.
TaxDawn, a company that specializes in preparing income for thousands of clients, has prepared a guide tax advice You can apply within the remaining 3 months of 2023, which may have a positive impact on filing your income tax return next year.
Income Saving Tips for 2023 (Proposed in 2024)
- Flexible pay: Save up to €400 per year by accepting incentives offered by some companies.
- Donate to NGOs, cultural associations and political parties. Save up to €120 per year.
- Compensation for losses and gains.
- Work abroad without telecommuting. Savings can be high (although the annual income limit is €60,1000).
- for one Pension plan. Save up to €1,500.
- Buy an electric car. A deduction of €3,000 is possible.
- Selling a house over 65 years old. The Treasury has no tax liability.
- Sell the house and buy another house with the same purpose. Taxpayers can save on personal income taxes if they reinvest within two years of the sale.
- Rent a house with a permanent tenant60% of the rent can be deducted every year.
- Invest in new companies. 30% of the investment amount is deducted annually, with a limit of €60,000.
- renovate a house. Deduct 20% to 60% of the decoration cost.
- maternity leave advance. 1,200 deducted, but you can request an advance payment of €100 per month.
- Guleggio Fees. Deductions may be made depending on the autonomous region.
And of course, Review income tax returns filed in previous years and make corrections if necessary Save more.