Due to the pandemic caused by COVID-19, this tax return campaign for the year 2021 will be marked for the second consecutive year.
Firstly, it’s essential to highlight some key dates that are of interest to taxpayers.
Thus, the Tax Agency, after publishing the new taxpayer calendar with information of special interest related to the income obtained during the past year, i.e., 2021, is significant.
They also highlight in red on the taxpayer calendar a series of dates. In fact, the most important dates of the 2021 Income Tax campaign are:
Wednesday, April 6: Start of the campaign, the possibility of filing Model 100 online.
Thursday, May 5: Start of the telephone campaign.
Wednesday, June 1: Face-to-face taxpayer assistance begins at Tax Agency offices, but you must have a prior appointment.
Monday, June 27: Deadline for filing declarations with a refund result and domiciliation of bank account.
Thursday, June 30: Deadline for filing Model 100. This is the last day to file your income tax return.
As always, you can contact our professionals in tax matters and receive personalized attention, as we have been providing since our inception.
Therefore, in our office, we have all the guarantees to assist you in person, online, or through any other means. Likewise, our main goal is to answer all your questions and ensure that your tax return doesn’t result in any surprises.
We also take this opportunity to inform you of the three most significant changes associated with the 2021 Income Tax:
1. First, an increase in general income taxes.
There’s a new bracket, and those with incomes exceeding 300,000 euros will see their tax rate increase by 2 percentage points, going from 22.50% to 24.50%.
2. Second, an increase in taxes on savings income.
A new bracket has been added for incomes exceeding 200,000€, and in this case, they will be taxed at 26% of those gains, not the 23% as in the previous year.
3. Finally, changes to pension plans.
These plans change from a total limit of 8,000€ to 2,000€ for individual plans. However, those originating from employers maintain the 8,000€ limit. But when combining the two, they cannot exceed 10,000€.
Nevertheless, the deductible contribution amount to a spouse’s plan has been reduced from 2,500 to only 1,000 euros per year.
In the case of private dependency insurance, the fiscal benefit has significantly decreased from 8,000€ to only 2,000€.
