The annual period for filing tax returns in Spain enters its last month, with people in the Canaries proving to among the early submitters.
The latest update from the country’s Inland Revenue (‘Agencia Tributaria’) shows that, by the turn of the month, more than 700,000 of the anticipated 1.1 million returns had been completed and submitted, an impressive figure bearing in mind that the annual campaign still has nearly four weeks to run and does not end until 30 June.
A primary motivation for such a significant uptake of early filing may well be that taxpayers in the Canaries have done their calculations and, having worked out that they are due a rebate, are keen to receive the money as soon as possible.
550,000 of the 700,000 returns entail a rebate, with over 220 million euros already refunded by the tax authorities. The payouts are only partly balanced out by tax due as the Agencia Tributaria says that 164 million euros are owed by those not entitled to a rebate.
Carmen Guillén, head of the Spanish Inland Revenue, encourages all people to consider filing a return – even if they are not formally obliged to do so based on earnings thresholds – given that the range of applicable deductions this year could mean that they are entitled to a rebate.
A number of the deductions have been introduced by the Canarian government and cover qualifying situations ranging from medical expenses and the cost of studying outside one’s hometown to letting out property to young people.
