The start of the income statement is always frantic. Yesterday, peak moments were recorded when 1,500 statements per minute entered the Tax Agency’s computer system. At 10 in the morning, 470,000 declarations had already been filed, and in the afternoon, more than a million. They are the most hasty taxpayers and it is assumed, with the right to a refund; although they will have to wait 48 hours for the payment to be made effective.
It was the beginning of a campaign that will last until June 30, in which the Treasury expects to achieve 20% more net income than in the previous year and in which it focuses surveillance on cryptocurrency holders. “Cryptocurrency operations are growing exponentially,” said the general director of the Tax Agency, Soledad Fernández, so “normal” is that there is also more information and more notices. To be exact, a total of 328,000 notices to those who have these virtual currencies to remind them of their obligation to declare them. This is a significant increase from the 233,000 ads issued last season.
Not only cryptocurrency regulars are the recipients of these notifications. There are also 807,000 alerts for those who have income in other countries, (856,000 in 2021) and 661,000 for owners of rental properties (713,000 in 2021). They are taxpayers who, when they enter the system to consult their data, will get a warning to remind them that the Treasury has a record of potentially declarable products.
With these and many other sources of income, the Treasury calculates that this year’s campaign will give a net result of 6,502 million euros, compared to 5,389 million in 2021; an increase that is achieved thanks to the increase in income and the decrease in returns.
Specifically, the Tax Agency expects to increase its income by 5.6% compared to 2021, to a total of 16,448 million euros; while returns will fall by 2.4%, staying at 9,946 million. In this way, there will be 13.6 million declarations with the right of return, which represents 60% of the total of the 22.9 million that will be presented. These declarations with the right to refund decreased compared to the previous year, while the positive ones increased by 14%, reaching 7.6 million.
If the forecast is an increase in income from the income statement, on the other hand, income from assets will decrease, due to the tax discounts that several autonomous communities have adopted. It is a reduction of 3.1% of declarations, which will remain at 223,000; and also an even higher decrease in income, of 3.7%, which will add up to 1,287 million euros. “Without these bonuses from the communities, there would have been an increase both in the number of declarations of assets and in their amount,” said the general director of the Tax Agency, Soledad Fernández.
