After the return of the holidays and with only one quarter ahead to end 2023, there are many who speculate with the income obtained to know if they have the obligation to declare their income to the Treasury. For all those who have changed jobs during these months, the Tax Agency imposes the obligation to declare in the case of exceeding a certain figure with the sum of the salaries obtained by the two or more payers.
Until now, the Treasury had established the exempt limit for declaring Personal Income Tax (IRPF) at 14,000 euros. All workers who had worked in two or more companies during the same fiscal year had to declare their annual gross income even if the minimum established with a single payer (22,000 euros) was not reached. However, facing the 2023 Income, you should know that this limit has changed.
As reflected in the modification of Law 21/2022, of December 23, which includes the General State Budgets for 2023, the Government establishes that the limit goes to 15,000 euros, increasing the marked figure by 1,000 until 2022. This change implies that below 15,000 euros, personal income tax will not have to be paid, neither via withholdings nor as a result of the declaration. The change is motivated by the increase in the Minimum Interprofessional Salary (SMI), which this year has been set at 14 payments that add up to a total amount of 15,120 euros.
In this sense, if a person has obtained economic profits above 15,000 euros (provided that the amounts remitted by the rest of the payers from the second onwards exceed 1,500 euros) they must file the 2023 Income Tax return.
In the event of having more than one payer in the same fiscal year, but the amounts received by the second do not exceed 1,500 euros, there will be no obligation to carry out this procedure with the Tax Agency.
When is it mandatory to file the Income Tax return?
Not only are workers with two or more payers in the same year required to declare Personal Income Tax (IRPF). There are other cases in which the Treasury also imposes this condition:
When compensatory pensions from the spouse or annuities for alimony are received, unless the latter come from the parents by judicial decision. When full income from work is received subject to a fixed withholding rate. The beneficiaries of the Minimum Vital Income (IMV). Taxpayers with full income from movable capital and capital gains that exceed 1,600 euros per year. Taxpayers with real estate income, income from Treasury bills and subsidies for the acquisition of officially protected or appraised-price housing and other capital gains from public aid that exceed 1,000 euros.
