Who is not required to file the 2023-2024 income tax return?

With the arrival of the 2023-2024 Income Campaign, the usual questions that concern taxpayers every year return. One of them revolves around the obligation to submit the declaration to the Treasury to settle the Personal Income Tax (IRPF).

As established by the Personal Income Tax Law in article 96 (available at this link), all taxpayers are required to present and sign the personal income tax return.

However, the regulations contemplate exceptions that exempt this obligation in certain circumstances, although the taxpayer could choose to carry out the procedure if they wish.

In case of doubt, it is advisable to use the Treasury simulator to obtain an approximate calculation of the result of the declaration. If the result is to be returned, those citizens who are not required to present the declaration could choose to carry out the procedure.

For the 2023-2024 Income Campaign, the work income limit that determines the obligation to present the declaration has been slightly modified due to the increase in the exempt minimum approved by the Government in the 2023 Budget.

The text of the Budget Law (available at this link) clearly establishes that the lower threshold of the obligation to declare for recipients of work income is raised to 15,000 euros per year.

The people who are not required to submit the 2023-2024 Income Tax return are:

– Those who exclusively receive full income from the work of a single payer for less than 22,000 euros per year.
– Those who exclusively receive income from work of less than 15,000 euros per year and receive compensatory pensions or annuities for spousal support.
– Taxpayers who exclusively receive income from work of less than 15,000 euros per year and collect income subject to a fixed withholding rate.
– Taxpayers who exclusively receive income from work less than 15,000 euros per year and receive income from a payer not obliged to withhold.
– Those who exclusively receive full income from movable capital and capital gains subject to withholding or payment on account for less than 1,600 euros per year.
– Those who exclusively receive imputed real estate income, full income from movable capital not subject to withholding derived from Treasury bills and subsidies for the acquisition of officially protected or appraised-price housing and other capital gains derived from public aid for less than 1,000 euros annual.
– Those who exclusively receive income from work from more than one payer as long as, from the second payer, they receive less than 1,500 euros per year and a total of 15,000 euros per year.