Personal Income Tax modules
We tell you about the characteristics of this method of determining performance.
Payments in instalments
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The self-assessment and payment terms are quarterly and, unless you pay by direct debit, are as follows: the first three quarters, between 1 and 20 of April, July and October, and the fourth quarter between 1 and 30 January of the following year.
If the due date coincides with a non-business day, the deadline will end on the first following business day.
In 2020, exceptionally, you could submit the split payment for the first quarter until May 20 if the volume of operations in 2019 did not exceed €600,000.
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To self-assess and enter the fractional payments you must use the Model 131.
If in any quarter there is no amount to be paid, you must file a negative return.
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In the case of entities in attribution of income that carry out economic activities, the instalments must be made by each partner, co-owner or shareholder in proportion to their share in the profit of the entity.
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For agricultural, livestock and forestry activities no payments in instalments must be submitted when, in the previous calendar year, at least 70% of the farm's income, with the exception of current or capital subsidies and compensation, was subject to withholding or on-account payment.
If you start an activity, to calculate the 70%, you will take into account the income subject to withholding or on-account payment from the period to which the instalment payment refers.
The amount of the payment in instalment shall be;
2% of the quarter's revenue volume, excluding capital grants and compensation. From that amount you will deduct:
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The withholdings made and income received corresponding to the quarter.
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A reduction of €25, €50, €75 or €100 when the net income from economic activities in the previous year is equal to or less than €12,000, €11,000, €10,000 or €9,000 respectively.
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2% of the sales volume or income of the quarter (excluding capital grants and compensation) provided that:
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You use external financing for the acquisition or renovation of your habitual residence
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you are entitled to the deduction for investment in your primary residence;
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and the volume of income expected in the period, excluding capital grants and compensation, is less than €33,007.20 per year.
In no case can you apply a deduction for an amount accumulated in the tax period exceeding €660.14.
You will not be able to apply this deduction when:
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You carry out two or more different activities for the purposes of calculating the split payment.
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You receive income from work and inform your payer of this circumstance so that it is taken into account when calculating the work withholdings.
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The amounts are allocated to the expansion or construction of housing
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When you carry out the activity in Ceuta and Melilla, the percentage of the split payment will be reduced by 60%.
For 2022, 2023 and 2024 (starting in the 2nd Quarter) if you have your habitual and effective residence on the island of La Palma, the percentage of the split payment will be reduced by 60%.
4% of the net yield resulting from applying the modules based on the base data of the first day of the year to which the payment refers. The percentage will be 3% when you only have one salaried person and 2% when you have no salaried staff.
If you start the activity, the base data will be the one that exists on the day you start it.
If you cannot determine the first day of year for any base data you will take the one corresponding to the previous year.
When you cannot determine any base data the split payment will be 2% of the sales volume or income for the quarter.
From the resulting amount you can deduct:
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The withholdings made and income received corresponding to the quarter.
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A reduction of €25, €50, €75 or €100 when the net income from economic activities in the previous year is equal to or less than €12,000, €11,000, €10,000 or €9,000 respectively.
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0.5% of the net income resulting from applying the modules based on the base data of the first day of the year to which the payment refers or if you start the activity on the day you start it, provided that:
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use external financing for the acquisition or renovation of your primary residence;
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you are entitled to the deduction for investment in your primary residence;
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and the aforementioned net returns are less than €33,007.20 per year.
When you cannot determine any base data, the deduction will be 2% of the quarter's income volume, excluding capital subsidies and compensation.
In no case can you apply this deduction for an amount accumulated in the tax period exceeding €660.14.
You will not be able to apply this deduction when:
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You carry out two or more different activities for the purposes of calculating the split payment.
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You receive income from work and inform your payer of this circumstance so that it is taken into account when calculating the work withholdings.
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The amounts are intended for the expansion or construction of housing.
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When you carry out the activity in Ceuta and Melilla, the percentage of the split payment will be reduced by 60%.
For 2022, 2023 and 2024 (starting in the 2nd Quarter) if you have your habitual and effective residence on the island of La Palma, the percentage of the split payment will be reduced by 60%.