Key dates and deadlines for the Spanish tax year

Last Updated on November 20, 2024

Do you want to know more about the Spanish tax deadlines? You are reading the right article.

Whether you’re a resident, a non-resident, or an investor, navigating the Spanish tax system requires careful planning and compliance.

The tax year follows the calendar year from 1 January to 31 December, unlike some other countries like the UK.

Remember, Spanish tax rules can be complex, and errors can lead to fines.

If you are a non-resident with property in Spain, our tax professionals can help you with your annual tax return responsibility in Spain.

This article highlights important Spanish tax deadlines and dates to help you stay compliant with the Spanish tax authorities and avoid any unpleasant late-filing penalties.

Spanish tax year deadlines

Below, you’ll find a convenient chart detailing the key Spanish tax deadlines you need to remember:

Category	Date	Responsibility
Residents	30 June annually	Submitting annual tax declarations for residents (covering the previous year)
Non-residents	31 December annually	Filing annual tax declarations for non-residents (pertaining to the previous year)
Landlords	20 January, 20 April, 20 July, 20 October	Settling taxes on rental income (divided into four installments, reflecting the preceding three months)

Tax in Spain for residents

If you’re considered a resident in Spain, it means you’ve been living in the country for more than 183 days during a single year or have significant economic interests tied to Spain.

Here’s what you need to know:

– Annual Tax Declarations: As a resident, you must complete your annual tax declarations before the deadline on 30 June each year.

This declaration should provide a comprehensive overview of your income and any earnings from properties you may own.

-Global Income Consideration: The income tax you’re required to pay takes into account all earnings, whether from employment or business activities, regardless of their source anywhere in the world.

It’s essential to be aware of Spain’s double tax agreements with other countries, which can impact your tax obligations.

-Wealth Tax Variability: The Wealth Tax you owe is determined by the region in which you reside.

For non-residents, this tax is calculated based on properties owned in Spain.

Keep in mind that the specific amount you owe depends on the property’s location due to regional variations.

-Foreign Assets Reporting: If you’re a foreigner living in Spain and possess assets in countries other than Spain, exceeding a total value of €50,000, you’re obligated to complete the Modelo 720 form.

This form must be submitted annually, with the deadline falling on 31 March each year.

Tax in Spain for non-residents

If you don’t have permanent residency in Spain, your tax liability is limited to income generated within the country.

Here’s what you need to know:

Year-End Tax Declarations: Non-residents are required to file their tax declarations by 31 December, covering earnings from the preceding year.

This aligns with the calendar year, so for the current year, it pertains to income generated in the previous year.

Similar to residents, non-residents must adhere to the same regulations concerning income tax and property tax.

Property Sales Reporting: If a non-resident decides to sell property in Spain, they must promptly declare their income and the associated tax within three months after the sale.

This ensures compliance with tax regulations for property transactions in the country.

Tax responsibilities for landlords in Spain

Landlords in Spain (non-residents and residents) follow a tax schedule divided into trimesters.

Here’s a breakdown of what you need to know:

First Trimester: If you’re a landlord, you should declare any rent due during the first trimester and ensure payment by 20 April.

Second Trimester: For the subsequent three months, taxes on your earned income must be settled by 20 July.

Third Trimester: Likewise, for the following three months, taxes should be paid by 20 October.

Year-End: As the year concludes, you’ll have a final payment deadline on 20 January of the following year.

In addition to these obligations, there are also local taxes known as IBI, which require annual payment.

The specific dates for IBI payments can vary by region since local governments oversee their collection.

Here, you can find more information about Spanish tax on rental income. Our tax professionals can help you with your annual rental tax return in Spain.

I am a non-resident landlord in Spain. Who can help me file my income tax returns?

Ensuring your taxes are on track is vital when you earn or own property in Spain. Hiring a tax professional is the key to a stress-free tax life, especially if you live abroad.

Property Tax International (PTI Returns) is part of CluneTech, a global organization with 1,500 professionals across 20 countries.

Our team has 25 years of experience in international property tax, so you can relax with peace of mind that you are fully compliant with the local tax authorities.

Got questions? You can request a free call from a tax professional.