Penalty Calculator for Late Filing of the Income Tax Return
Do you need professional advice to file your Income Tax Return in Spain?
Do you need professional advice to file your Income Tax Return?
With Entre Trámites you can reduce your taxes, be kept up to date and always submit your income tax return within the stipulated deadline.
Penalties for late filing of the Income Tax Return
Making sure you file your income tax return on time is key to avoiding costly consequences.
These costs can add up quickly, so being on time with your tax filing is essential to avoid any unnecessary financial burdens.
Keep this in mind
So you can find out what exactly affects the penalties for late filing of the income tax return.
Income Tax Return to be paid or refunded:
An income tax return to be paid (“a pagar” in Spanish) means that you as a taxpayer, after having filed your tax return, will have to pay an additional amount required by the Tax Agency.
When the opposite happens and the income tax return comes out “to be refunded” (“a devolver” in Spanish), the Tax Agency will reimburse you this money.
In your income tax return, in the Casilla 610 Cuota Diferencial is the result of your tax return and is obtained simply by subtracting the withholdings and payments on account made throughout the year.
To find out if the result of your income tax return is to be refunded, just look at the “-” sign that appears before the amount.
Does it matter if the Tax Agency asks you to file the Income Tax Return?
In short: yes.
Apart from the time that has passed since you should have filed your income tax return, you should also take into account whether the Tax Agency asks you to do so or not.
If you file it voluntarily, your fine or penalty will be much lower than if the Tax Authorities request you to do so by means of a notification.
Late income tax return to be refunded:
In this case, the taxpayer would also face some penalties.
Late income tax return to be paid:
In the case of the income tax return status being to be paid: