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Spanish taxes without tears: IRPF brackets, deadlines (renta, modelo 720), deductions, and reforms from Hacienda. What you owe, when, and what changed this year.
Get taxes news in your inbox every morning →A study links the wealth tax introduced in 2022 to Madrid's first net outflow of taxpayers worth above 3.7 million euros in 2023. Regions such as Madrid stopped giving rebates, which removed the incentive to move, while asset restructuring cut taxable wealth. Researcher Dmitry Petrov says it is too early to credit the tax alone.
→ Read the full digestUnder the IRPF (personal income tax) law, hospitality workers must declare tips as income. Employers distributing shared tips must withhold tax; if they control distribution, tips also count for Social Security contributions. Tips do not affect VAT.
→ Read the full digestRoyal Decree-law 29/2026 has been in force since October 8, but Congress's standing committee must still ratify it. It changes IRPF (personal income tax), VAT, property tax (IBI), and municipal capital gains tax (plusvalía municipal).
→ Read the full digestCabinet-approved Royal Decree-laws 28/2026 and 29/2026 would set IRPF (personal income tax) reductions on net rental income at 15% to 100% for leases signed from December 1, 2026. The rate would depend on the rent asked, the tenant, and the area. Landlords' choices when signing would determine their tax treatment.
→ Read the full digestPP leader Alberto Núñez Feijóo has pledged to exempt the minimum wage from IRPF (personal income tax). In practice, people earning the 2026 SMI (minimum wage) of €17,094 gross a year pay nothing, through a €590.89 deduction. Employers withhold tax first, and the Tax Agency refunds it. The deduction shrinks for salaries up to €20,048.
→ Read the full digestThe Supreme Court has ruled that heirs must declare estate income in IRPF (personal income tax) from the date of death. This applies even when a will delays acceptance or use of the assets for years. The court ruled out double taxation with Inheritance Tax.
→ Read the full digestA draft 2027 farm tax order, open for public consultation, would cut the net yield by 10% under IRPF (personal income tax) modules and offer diesel and fertiliser incentives. Farmers still plan a Madrid tractor protest on October 28 over high costs and low prices. Farm groups call the 20-cent-per-litre diesel discount wholly insufficient.
→ Read the full digestSpain's 15% minimum tax on multinationals collected €46 million through August, far below initial forecasts. The tax is in force for groups with revenue above €750 million; 2026 payments use 2024 results. Its weak yield follows a scaling back of the international tax project.
→ Read the full digestMadrid's Assembly approved its Taxpayer Defence Law on October 22 with PP and Vox support; the left-wing bloc opposed it. It would take effect the day after regional gazette publication. For state-ceded taxes, it would set a three-month reply deadline and give a new complaints office 15 working days to respond.
→ Read the full digestThe Supreme Court ruled that Tax Agency experts must inspect a property's interior and exterior when valuing it. Cadastral records, Google Maps, and aerial photos alone are not enough. The ruling annuls a July 2024 judgment of the Extremadura High Court of Justice.
→ Read the full digestThe Supreme Court backed Madrid's 4% home transfer tax rate, rather than 6%, for families whose third child was conceived at the time of signing, provided the child is born alive. A large-family certificate need not exist at signing. Families who paid 6% in similar cases may seek refunds.
→ Read the full digestThe Supreme Court ruled that parents with shared custody can deduct child maintenance payments in IRPF (personal income tax). The ruling corrects the Tax Agency's position. The Court rejected the idea that caring for children and paying their maintenance should mean a tax penalty.
→ Read the full digestA second delay to Verifactu has been announced, moving its start from January 2027 to October 2028. The system would require businesses to send invoices immediately to the Tax Agency. The delay gives firms more time to buy equipment and software but has angered those that already invested.
→ Read the full digestA decree published in the BOE (official state gazette) and awaiting parliamentary confirmation would apply 10% VAT to all tourist flats from December 1, 2026. Owners would also be able to deduct VAT on costs such as cleaning and repairs. Those deductions could limit the measure's effect on shifting homes into long-term rentals.
→ Read the full digestElectricity VAT stays at 21% because September's electricity inflation was 11.4%, below the plan's trigger of more than 15%. The safeguard would cut VAT to 10% and electricity tax from 5.1% to 0.5%. Households miss savings of about €11 on November bills despite five months of price rises.
→ Read the full digestGalicia's draft 2027 budget would cut IRPF (personal income tax) by 0.25 percentage points in four bands. Rates would be 8.75% up to €12,985.35; 11.40% to €21,068.60; 14.65% to €35,200; 18.40% to €60,000; and 22.5% above. The Galician Parliament must approve it; the cuts would apply retroactively from January.
→ Read the full digestThe Government estimates that planned income-tax breaks for landlords renting below the market price and tenants earning under 33.000 euros would cost 1.200 million euros, partly offset by 230 million euros from raising VAT on tourist flats to 10%. In ten days, landlords have withdrawn 4.235 homes from the rental market and blocked 1.523 operations, citing legal uncertainty.
→ Read the full digestTax adviser José Manuel Orta warns that autónomos (self-employed) should review income, expenses, invoices, amortization and stock before December 31 to avoid overpaying tax. Unreconciled accounts, missed deductible losses or poor inventory can increase the 2026 tax bill.
→ Read the full digestTaxDown and Roams list 20 measures to cut the 2027 income tax bill, potentially saving up to 10.000 euros. Options include flexible employer benefits, donations with an 80% deduction, pension contributions up to 1.500 euros, and deductions for electric cars.
→ Read the full digestInheriting a flat from deceased parents triggers the Impuesto de Sucesiones (inheritance tax), and real estate expert Jaime Secoes says there are two paths. One path results in Hacienda taking 30.000 euros, he says. The second, he claims, is one that Hacienda does not want heirs to know about.
→ Read the full digestThe Government approved a state rental deduction letting tenants recover up to 1.163 euros a year through IRPF from 2027. It applies to rent paid in 2027, not to the 2027 tax return on 2026 income, and is phased out for tax bases above 23.007,20 euros, ending at 33.007,20 euros.
→ Read the full digestThe BOE has published the order launching mandatory B2B electronic invoicing in Spain. Companies with annual turnover above €8 million must adopt it from October 6, 2027; other autónomos (self-employed) and small businesses have until October 6, 2028. Invoices to private individuals are excluded, and firms can keep their usual software or use the free Hacienda platform.
→ Read the full digestSpain has published the order regulating mandatory electronic invoicing between businesses; it entered into force this Tuesday. Companies and professionals billing more than 8 million euros a year must comply from October 6, 2027, and autónomos and smaller firms from October 6, 2028. Businesses can keep their current invoicing software and choose private platforms, the public Hacienda solution, or both.
→ Read the full digestHacienda has published the BOE order setting mandatory B2B e-invoicing: companies billing over 8 million euros must comply from October 6, 2027, and autónomos and smaller firms from October 6, 2028. Verifactu billing software has been delayed to October 2028 to align with e-invoicing calendars.
→ Read the full digestRoyal Decree-law 26/2026 would have changed IRPF taxation of empty second homes from 2027, but Congress rejected it on October 2 — the changes will not take effect. Owners keep paying tax on imputed income at 2% of cadastral value (1,1% in some cases), with no new IBI surcharges.
→ Read the full digestOn Tuesday, the government approved two royal decree-laws on housing. One includes a new state IRPF deduction for tenants: up to €1,163 a year for taxable bases of up to €23,007.20, equal to 10% of €11,630 in annual rent. It also suspends evictions for vulnerable people until 2030 and allows two-year contract extensions.
→ Read the full digestHoliday rentals under 30 days will be charged 10% VAT from December 1, treating them as a business activity for the first time. Town councils may also double the IBI property tax on tourist flats. The reduced VAT rate applies only when landlords do not provide hospitality services such as restaurant service or cleaning.
→ Read the full digestA Hacienda official says an empty second home must be declared through 'imputación de rentas inmobiliarias' even if it produces no rental income. The tax is calculated on the cadastral value at 2% or 1.1%, and a garage or storage room also counts as imputed income. A primary residence is not affected.
→ Read the full digestBarcelona's city council approved a progressive increase in the tourist surcharge for cruise passengers in transit from 5 to 24 euros by 2030, while freezing the surcharge for youth hostel guests at 4 euros. The PSC minority government passed the measure with support from Junts and ERC. Proposed IBI, IAE and ICIO tax changes were rejected.
→ Read the full digestPP leader Alberto Núñez Feijóo has proposed cutting VAT on basic foods to 0%, doubling child tax deductions until year-end, and lowering energy VAT from 21% to 10%. The PP will seek approval in Congress and the Senate, where it holds an absolute majority.
→ Read the full digestThe BOE confirms the intergenerational equity mechanism (MEI) will rise from 0.90% to 1% of the contribution base on January 1, 2027. Employers will pay 0.83% and workers 0.17%, up from 0.75% and 0.15% in 2026. Take-home pay will dip slightly.
→ Read the full digestVerifactu takes effect January 1, 2027 for companies and July 1, 2027 for self-employed workers (autónomos), under Royal Decree-Law 15/2025. Basic Word or Excel invoicing can continue, says tax advisor José Ramón López. Automated spreadsheets, macros or data-reuse tools must comply with technical requirements. The Tax Agency will target those who have not adapted by the deadlines.
→ Read the full digestA court ruling recognizes that landlords can deduct life insurance premiums required by banks for mortgages on rental properties. Hacienda had repeatedly denied the deduction in previous checks. The ruling relies on Article 23 of the IRPF Law and Article 13 of its Regulation. Foreign residents who rent out Spanish property may claim this deduction.
→ Read the full digestSumar presented a proposal in Congress for a new tax on fortunes above €50 million, affecting about 1,500 taxpayers and aiming to raise €4.5 billion for child benefits. Approval is unlikely. The average payment would be about €3 million per taxpayer.
→ Read the full digestA former Tax Agency worker says Hacienda can access vast taxpayer data, including bank transactions, though entering a home requires a court order. Companies with turnover above €6 million must submit invoices within days through the SII electronic system. Baena estimates 75% to 80% of Spain's billing is controlled by Hacienda.
→ Read the full digestEffective taxation on financial products in Spain is 22%, above the EU average of 14% and the OECD average of 16%. Deposits and public bonds face around 30% effective taxation, versus 25% in the EU and 29% in the OECD. The report by IEE and EFPA España says Spain's system reduces net savings returns more than comparable countries do.
→ Read the full digestThere is no national tax deduction for back-to-school expenses in Spain. Each of the 15 regions sets its own rules, covering items such as books, materials, transport, canteen, and uniforms. Some regions include childcare for children under three or language and IT classes. Lawyers warn that taxpayers must keep complete, detailed invoices, not just receipts, to claim these deductions.
→ Read the full digestBank transfers over €10,000 that are considered donations must be declared to Hacienda for the Inheritance and Gift Tax. Transfers over €6,000 are analyzed under anti-money laundering rules. Fines for undeclared donations range from €600 to 50% of the donation's value. The rules apply to the Impuesto sobre Sucesiones y Donaciones (ISD).
→ Read the full digestBank transfers that can be considered donations are subject to Spain's Inheritance and Gift Tax, with a declaration threshold of €10,000 and extra scrutiny above €6,000. Banks must monitor these transactions under Law 10/2010 against money laundering. Undeclared donations can trigger fines ranging from €600 to 50% of the donation's value.
→ Read the full digestTaxpayers must correctly identify their habitual residence in the income tax return, even if not claiming rental deductions, because Hacienda can cross-check data. Renters under 38 in Madrid can deduct up to €1,200, for example. Failure to provide accurate information may trigger checks.
→ Read the full digestSpain's Central Economic-Administrative Court (TEAC) has unified its criteria on the IRPF reinvestment exemption for habitual residence sales. A taxpayer who sells their home and buys a new one with another person can only exempt the portion of the sale price reinvested in the ownership share they actually acquired. The exemption depends on the amount effectively reinvested, not on keeping the same ownership percentage. For property acquired as community property (gananciales) without express shares, each spouse's share is 50%.
→ Read the full digestSpanish tax authorities can reclassify money from parents for a home down payment as a gift if there is no written loan agreement with a repayment obligation. Lawyer David Jiménez warns that failing to formalize the deal could result in tax, interest, or sanctions. Gift tax treatment for parent-to-child transfers varies widely by autonomous community. Anyone buying property with family assistance should document the loan to avoid a surprise bill.
→ Read the full digestAll Spanish workers will see higher Social Security deductions starting in 2027. The intergenerational equality mechanism (MEI) will rise from 0.9% to 1%, with employers covering 0.83% and workers 0.17%. A new solidarity quota on salaries above the maximum base will apply: 1.38% on the portion up to 10% above the cap, and 1.5% on the portion between 10% and 50% above the cap. The MEI is set to gradually reach 1.2% by 2050. This will reduce take-home pay for workers in Spain, especially higher earners.
→ Read the full digestThe Valencian government, led by PP with Vox support, raised the wealth tax exemption to €2 million, meaning roughly 8 out of 10 wealthy residents in the region will owe nothing. About 23,000 wealthy residents are now exempt. The regional government also cut the IRPF for earners above €100,000, and cumulative inheritance and donation tax savings have exceeded €630 million this legislative term. High-net-worth individuals in the Valencian Community stand to see a significant reduction in their tax bills.
→ Read the full digestLiving in a parent’s habitual residence in Spain is tax-free, regardless of the child’s age. However, free use of a second home—such as an inherited property or vacation house—can trigger tax liabilities. The average age of emancipation in Spain is around 30, meaning many young adults still live with parents and need to understand these rules.
→ Read the full digestNon-resident property owners must file a tax declaration for imputed income (renta imputada) regardless of whether the home is rented, empty, or used occasionally, economist José María Páez warns. Many incorrectly believe no filing is required without rental income, but inaction can trigger fines. The obligation also extends to Spanish residents with second homes.
→ Read the full digestInheritance tax rates differ sharply across Spain's autonomous communities — some slash bills by up to 99%. The applicable tax is set by where the deceased lived most in the five years before death. Moving your residence to a lower-tax region is legal, but faking your empadronamiento (municipal registration) is fraud and can trigger an investigation. Foreign property owners should plan ahead.
→ Read the full digestThe CEOE employers' federation warns that Spain's tax burden exceeds the European Union average by 17%, citing the Tax Foundation index. Spain ranks 34th out of 38 OECD economies in tax competitiveness, scoring 57.9 out of 100. The report highlights Estonia, Latvia, New Zealand, Switzerland, and Luxembourg as top performers.
→ Read the full digestSpain's 2025 income tax campaign collected a record €10.6 billion, nearly double the previous year's amount, partly because many taxpayers failed to claim eligible deductions, according to tax advisor José Ramón López Martínez. He notes that some individuals also did not file at all, even when they were owed a refund. The oversight means many residents overpaid their taxes unknowingly, highlighting the need for better awareness of available breaks.
→ Read the full digestThe European Commission reports that Spain's tax burden rose by 2.9 percentage points of GDP between 2015-2019 and 2020-2024, the highest increase in the EU. The jump was driven almost entirely by higher taxes on labor, and Spain remains the only EU country with a net wealth tax. Foreign workers and asset-owning residents face a heavier tax load on income and wealth.
→ Read the full digestSpain's effective tax rate on financial savings reaches 22%, well above the European Union average of 14% and the OECD's 16%, according to a study by the IEE and EFPA. The personal income tax (IRPF) on capital gains stands at 30% in Spain compared to 18% EU-wide, while taxes on stock returns hit 29% against an EU average of 21%. Investment funds face a 27% rate, and the combined corporate and dividend tax burden reaches 47.5%, far surpassing the EU's 38.8%. These higher levies directly reduce net returns for anyone holding savings or investments in Spain.
→ Read the full digestThe tax agency (AEAT) received 25.6 million returns for the 2025 campaign, a 4.6% increase over the previous year. It has already refunded €9.36 billion to 12.95 million taxpayers, while 7.48 million filers owed a combined €24.7 billion—a jump of 20% in payments due. The figures point to stronger employment and improved tax compliance.
→ Read the full digestThe Spanish Tax Agency is in turmoil after Director General Soledad Fernández and other top officials resigned without named successors. Inspectors' groups condemned a 'strange situation of impasse' and expressed fear of political interference in the agency. The leadership vacuum raises concerns about potential disruption to tax processing and enforcement for all taxpayers.
→ Read the full digestSoledad Fernández has requested to leave her post as director of Spain's Tax Agency, having stayed beyond her intended departure to oversee the conclusion of the 2025 income tax campaign. The Ministry of Finance is now searching for a successor and denies any crisis, stating that Fernández completed the 2024-2027 strategic plan. The campaign was marked by a strike among tax inspectors. The change is unlikely to have immediate effects on individual taxpayers.
→ Read the full digestThe Audiencia Nacional has ruled that the tax agency must refund over €180 million to Orange for corporate taxes paid between 2017 and 2021. The decision follows the Constitutional Court's declaration that Cristóbal Montoro's corporate tax reform was unconstitutional. Only companies that had already lodged appeals can benefit, and Orange will also receive demurrage interest. It marks Orange's second large refund this year after a €62 million economic activities tax win.
→ Read the full digestFinance Minister Arcadi España announced a proposal to simplify the tax regime for autónomos (self-employed), aiming to cut red tape. Details of the plan are still scarce, but the minister acknowledged the complexity caused by multiple regulatory layers. A key meeting of the Fiscal and Financial Policy Council (CPFF) will set budget stability targets for 2027. Self-employed workers stand to benefit if the government delivers a more straightforward system.
→ Read the full digestThe government will phase out the electricity production tax (IVPEE) by 2028, reducing it to 5% in 2026 and 3.5% in 2027 before full elimination. The move is expected to lower typical household electricity bills by up to 6%, though it will cost the state about €2.7 billion in lost revenue over two years.
→ Read the full digestSpain's Tax Agency launched Operation Insulae, deploying 170 officials to inspect 41 real estate businesses in six autonomous communities for suspected tax fraud. Investigators are looking into unreported cash payments and illegal commissions in Valencia, Andalusia, Catalonia, Madrid, the Canary Islands, and the Balearic Islands. A total of 49 companies and 18 individuals are under investigation.
→ Read the full digestThe government will extend anti-crisis measures including a reduced 10% VAT on petrol, diesel, and biofuels, along with continued social electricity discounts. Vulnerable households will keep a 42.5% bonus and severely vulnerable ones 57.5%. The decision comes as the previous decree was set to expire on July 1. These measures help contain living costs for all residents.
→ Read the full digestThe deadline to file Spain's 2025 income tax return (declaración de la renta) is this Tuesday, June 30. The Tax Agency expects 25.25 million declarations, with 62.2% resulting in refunds worth a total of €13,271 million, while 31% will owe a combined €24,628 million. Appointments for in-person or phone filing can be requested through June 29; the direct debit payment option closed on June 25. Failing to file on time can result in penalties for all tax residents.
→ Read the full digestUnder Spanish tax rules, donations exceeding €10,000 to family members must be declared to the Tax Agency. Separately, any bank transfer above €6,000 is monitored for anti-money laundering purposes. Penalties for failing to declare a donation start at €600 and can reach 50% of the gift's value. The rules, set out in Law 10/2010, affect anyone sending money to relatives, including those sending funds abroad.
→ Read the full digestSpain has taken Gibraltar off its list of non-cooperative jurisdictions after 35 years, while simultaneously adding Russia. The ministerial order was published in the Official State Gazette (BOE) on Saturday. The change alters tax reporting obligations for anyone with financial ties to Gibraltar or Russia, including residents holding assets, income, or business interests in either territory.
→ Read the full digestFrom July 1, the EU will apply a €3 fee per product type on packages under €150 imported from outside the bloc, targeting cheap goods from platforms like Shein, Temu, and AliExpress. The charge is paid by platforms or importers but may be passed on to consumers; delivery companies are barred from collecting it at the door. The measure aims to regulate the 15 million daily packages entering the EU and combat fraud. Shoppers should expect higher checkout totals on frequent small orders.
→ Read the full digestGestha, the tax technicians’ union, is urging the government to replace broad tax cuts with targeted aid for vulnerable households and sectors. It also proposes mandating at least three days of telework per week in both public and private sectors to reduce energy costs. The plan includes maintaining VAT reductions only for the most affected and some fuel subsidies. If adopted, the changes could shift tax burdens and reshape work routines for many.
→ Read the full digestThe Tax Agency will charge domiciled IRPF payments on June 30. Those who opted for fractional payment will pay 60% now and the remaining 40% on November 5. Insufficient funds can trigger penalties. Check your balance to avoid surcharges.
→ Read the full digestThe 2023 Housing Law cut the general tax reduction on new rental contracts from 60% to 50%. Many landlords mistakenly believe they qualify for a 90% reduction, but strict conditions apply—for example, rent reductions in stressed areas. Missing those requirements can trigger unexpected tax bills. Review the rules carefully to avoid costly mistakes.
→ Read the full digestSpain's tax agency can now request data from banks on cash transactions over €1,000. Banks must also report deposits and withdrawals above €3,000 to the tax authorities. The measure increases monitoring of cash movements without banning them. Those who handle cash should be aware of the new reporting thresholds.
→ Read the full digestThe solidarity quota applied to high salaries will generate €567 million in pension contributions this year, marking a 42% increase from 2025. The Social Security Ministry implemented the measure last year as part of broader pension reforms to ensure the system's long-term viability. High-earning residents will see this increased social security deduction reflected in their net monthly income.
→ Read the full digestThe Ministry of Finance introduced the 'Punto Neutro de Embargos,' a digital platform connecting public administrations to share debtor data. When a payment is due to a listed debtor, the system generates an automatic alert. Creditors then have three days to request a seizure of those funds to settle outstanding obligations. Larger entities can join immediately, while smaller administrations have six months to adapt to the new algorithmic system.
→ Read the full digestSpain's tax agency confirms homeowners who bought their property before January 2013 and have home insurance linked to their mortgage can deduct up to €1,356 on their IRPF return. The deduction is available for the current campaign, which started April 8. The mortgage must still be active and the insurance tied to the loan.
→ Read the full digestFifteen years after its restoration, the wealth tax (Impuesto sobre el Patrimonio) still only generates about 0.15% of GDP in revenue, highlighting its low economic impact despite the controversy.
→ Read the full digestTax agency (AEAT) employees held a 24-hour strike during the Renta (income tax) campaign, citing breaches of labor agreements. The agency said citizen services were not affected, according to Heraldo.
→ Read the full digestSpanish taxpayers have until June 30 to file their IRPF (income tax) returns. In Aragón, 820,000 declarations are expected, with 272,660 resulting in payment (up 10.4%) and 504,162 in refunds (down 2.3%).
→ Read the full digestSpain's Tax Agency (Agencia Tributaria) is intensifying monitoring of cash transactions, and amounts over €1,000 deposited or withdrawn from bank accounts can raise fraud suspicions, leading to fines. While no legal limit exists, Hacienda treats such moves as red flags.
→ Read the full digestA 24-hour strike by Tax Agency (AEAT) workers is set for Monday, June 8, during the height of the IRPF (income tax) filing season. The CSIF union demands a professional career plan frozen since 2019, remote work rights, and hazard pay for customs surveillance.
→ Read the full digestThe Spanish tax agency (Agencia Tributaria) has included 1.24 million notices in this year's tax returns for detected cryptocurrency investors. Platforms based in Spain must report balances and transactions, but foreign and blockchain-based exchanges also require declaration. Tax advisors caution that failing to report could lead to future inspections, especially for those required to file Model 721.
→ Read the full digestThe European Commission has recommended Spain 'rebalance social spending between generations' amid rising pension costs and a growing reliance on labour taxes. It also noted Spain has the largest IVA (VAT) gap in the EU and suggested raising VAT on hospitality, which currently benefits higher incomes.
→ Read the full digestThe deadline to submit the 2025 income tax return (IRPF) is June 30, 2026. Taxpayers who miss the deadline face penalties. The campaign started April 8, and since April 29, phone filing is also available. File online via the Agencia Tributaria (Spanish Tax Agency) website.
→ Read the full digestIn the first two months of the IRPF (income tax) campaign for 2025, the Agencia Tributaria has refunded 5,710 million euros to 8.28 million contributors, representing 61% of claimed amounts. In-person appointment service for filing began Monday.
→ Read the full digestA new report from the Instituto de Estudios Fiscales (IEF) reveals that Spain's richest 1% increased their share of national wealth from 24% to 30% between 2017 and 2023. Strikingly, the PP, PSOE, and Sumar have reached cross-party consensus on raising taxes on the super-rich, signaling a possible shift in fiscal policy.
→ Read the full digestThe deadline to file your income tax (IRPF) return remains 30 June, but appointments for phone or in-person assistance close sooner. The online method via Renta WEB is available until the last day.
→ Read the full digestSpain's tax agency Hacienda confirmed that homeowners who bought before January 2013 and still have a mortgage can deduct home insurance costs up to €1,356 in their IRPF (income tax) return for fiscal 2025. The filing period opened April 8; those earning over €22,000 (or €15,876 from multiple payers) must file by June 30. The deduction is part of the permanent home investment tax break.
→ Read the full digestThe Incibe (National Cybersecurity Institute) has detected a campaign where fraudsters impersonate the Agencia Tributaria via SMS, offering fake tax refunds to trick victims into clicking malicious links. The official tax website always ends in .gob.es or .es, while these fake links use .top or .click domains. The tax agency never requests confidential information by SMS or email.
→ Read the full digestInheriting property in Spain does not trigger IRPF (income tax) as it would be double taxation, explains tax lawyer David Jiménez. Only Inheritance Tax (Impuesto de Sucesiones) applies, which varies by region.
→ Read the full digestSpain's IRPF (income tax) on savings now has progressive brackets from 19% on gains up to €6,000 up to 30% over €300,000. This applies to interest from deposits, accounts, and Letras del Tesoro (Treasury bills), taxed separately from salary. Many investors are only now realizing the higher rates.
→ Read the full digestThe government is trying to convince the European Commission to unblock €475 million in frozen Next Generation EU funds by waiving a required diesel tax hike, now politically impossible due to soaring oil prices from the Iran conflict. The fiscal reform originally promised the increase.
→ Read the full digestMany taxpayers who filed the 2025 income tax (IRPF) declaration haven't received their refund yet. Check the status online via the Agencia Tributaria portal using Cl@ve or digital certificate; look for "estado de tramitación" to see if it's pending, under review, or approved. Tax experts also warn that the new €340 deduction must be claimed separately—it's not applied automatically.
→ Read the full digestSpain's tax agency will send around 130,000 warning letters during the current Renta (income tax return) campaign to alert taxpayers of possible discrepancies in their declarations. These are not fines but an invitation to correct errors before a formal investigation.
→ Read the full digestAn Oxfam Intermón study reveals that exemptions for family businesses and the cap combined with IRPF (income tax) mean Spain's wealth tax collects only 0.17% of declared assets on average — and the richest 0.1% pay just 0.1%. The tax is rare in the EU (only Norway and Switzerland have similar schemes) and could yield four times more if reformed.
→ Read the full digestSpain recorded 225,662 donations in 2025, a 134% increase over a decade, driven by tax cuts in seven autonomous communities that introduced 99%+ deductions for direct family donations. The surge is especially stark in Andalucía (+884%) as families try to help younger members buy property in a crisis.
→ Read the full digestSpain's Audiencia Nacional ruled that Shakira was not a tax resident in 2011, annulling the tax agency's claim and mandating the return of €55 million. The ruling, which can be appealed, hinges on the singer's 'sporadic absences' and fewer than 183 days in Spain, setting an important precedent for residency disputes.
→ Read the full digestThe Comuns party proposes a minimum 2% effective tax rate on fortunes exceeding €100 million, following economist Gabriel Zucman's ideas. They aim to tighten Spain's temporary wealth tax, with negotiations ongoing for Catalonia's budgets.
→ Read the full digestSpain's annual inflation slowed to 3.2% in April, triggering the scheduled end of reduced VAT rates on electricity and natural gas, which will return to 21% on June 1. The government had linked the tax relief to inflation staying below a certain threshold. As a result, domestic energy bills are set to increase.
→ Read the full digestEconomist José María Páez highlights that homeowners who sell their primary residence and reinvest all proceeds into a new main home can avoid paying capital gains tax on the profit. This exemption requires strict compliance, so sellers must plan carefully.
→ Read the full digestAgencia Tributaria (Spanish Tax Agency) is sending 130,000 letters to taxpayers who modified their pre-filled renta (income tax) data, warning of possible penalties ranging from 50% to 150% of unpaid amounts. Recipients can voluntarily correct their returns before official checks.
→ Read the full digestAs Spain's *Renta* (income tax) campaign runs until June 30, residents over 65 should review specific *IRPF* (income tax) exemptions. Profits from selling a primary residence are completely tax-free for this age group, and individuals with a single income source under €22,000 are not required to file, though it may be beneficial if a refund is due.
→ Read the full digestPSOE confirms its new special tax will apply to all energy companies, not just oil and gas as stated 20 days ago at WindEurope. The move contradicts PM Sánchez’s earlier reassurance and aims to fund Iran‑war‑related costs.
→ Read the full digestSpain's tax agency (AEAT) will send around 130,000 preventive letters to taxpayers during the current income tax (Renta) campaign, colloquially known as 'cartas del miedo' (fear letters). The letters, in two phases in May and June, are intended to allow voluntary correction of errors before penalties, which can range from 50% to 150% of unpaid tax. Last year, over 45,000 people amended their returns after receiving such notices.
→ Read the full digestSpain's tax agency (AEAT) will issue around 130,000 warning letters during the current income tax (IRPF) campaign, allowing taxpayers to voluntarily correct mistakes before penalties. Penalties can range from 50% to 150% of the unpaid amount.
→ Read the full digest