The most common error in making the income declaration

The Income Statement has already begun and millions of taxpayers are accountable to the Tax Agency. However, errors that may cost taxpayers money are repeated, the most frequent being the failure to declare all income earned, which may result in additional payments or penalties.Not declaring all income in the Income Statement One of the main mistakes we can make is not declaring all income earned in the year prior to making the statement.Many pe…

Every year, millions of Spaniards face the tedious but inevitable process of presenting their income statement. The Tax Agency has recently revealed that there is a frequent error that is causing surcharges of up to 500 euros to unsuspecting taxpayers, especially in a context where tax inspections have intensified. This ruling, related to the incorrect declaration of certain income and deductible expenses, particularly affects self-employed and …