Spanish Tax Calendar 2021

As we all need to pay our taxes, it is important to know the Spanish tax calendar 2021 with specific dates for tax payments. Depending on the different type of taxes and our obligation to pay them, there are specific moments to do so during the year.

This article by ShBarcelona will tell you more on this year’s Spanish tax calendar. This way you will have all necessary information on when your taxes need to be paid in 2021.

If you own real estate, we have also come up with a list of the most important taxes you should be aware of.

 

When to pay taxes in 2021

As already mentioned before, you must first identify your legal status before you can learn what – and before when – taxes need to have been paid. Are you a natural person or a company for example?

Types of legal forms in Spain

You will decide on a legal form depending on your number of partners, the capital and liability. There are several options in Spain, and the ones metioned below are the most common ones:

• Empresario individual or autónomo (sole trader): no partners, with no minimum legal financial investment, and you are responsible for all debts.
• Sociedad civil (partnership): at least one partner, with no minimul legal financial investment, and all partners are responsible for the total of debts.
• Sociedad de Responsabilidad Limitada (limited liability company): one or more company owners, with a minimum legal investement of 3,000 euros, and all company owners are responsible for the total of debts.
• Sociedad Limitada de Nueva Empresa (new enterprise limited company): between 1 and 5 partners, with a minimum legal investment of 3,000 euros and a maximum legal investment of 120,000 euros. Liability is limited to the total capital invested.
• Sociedad Anónima (public limited company): at least one owner, with a minimum legal investment of 60,000 euros, and liability is limited to the amount invested in the company.
• Sociedad Cooperativa (cooperative): a minimum of three cooperative members or two separate cooperatives. The minimum financial investement is in the statutes, and liability is limited to the capital invested.
• Sociedad Profesionales (professional association): at least one owner. The investment is according to the social form it adopts, and liability is limited to the total capital invested.

When to do Self Assessment in Spain

Now that you have learned of the Spanish legal forms, it is a piece of cake to discover how often and when to do Self Assessments in Spain. This means you will know when and how often you need to fill in your tax declaration to pay your taxes to the Agencia Tributaria.

Annual Self Asssessment

• Individuals
• Individual entrepreneurs
• Professionals
• Companies
• Entities with no official legal status

Quarterly Self Assessment

• Entrepreneurs (under de Direct or Objective Evaluation Method)
• Professionals
• Companies
• Entities with no official legal status

Monthly Self Assessment

• Entrepreneurs
• Professionals
• Companies
• Entities with no official legal status, but with a transaction turnover of a little over 6 million euros in 2020 (large companies)
• VAT-taxable persons

Important dates on 2021’s tax calendar

In order to get specific dates for every type of tax, please consult the offcial website of the Agencia Tributaria.

Related article: Guide to Opening A Small Business in Barcelona

Taxes for property owners

We would like to inform Barcelona’s property owners of the taxes that must be taken into account when you rent out your property.

• ITP (Impuesto de Transmisiones Patrimoniales or transfer tax) and AJD (Actos Jurídicos Documentados or mortgage tax): This tax applies to buying, selling and renting out property. In case of a rental property, the tenant pays these taxes only once and within 30 days after signing the rental contract.

📌 ShBarcelona informs all property owners of the applicable taxes and takes care of property tax declarations and payments for its clients.

• IVA (Impuesto sobre el Valor Añadido or VAT): This type of tax must be paid by property owners who provide hotel services, such as tourist accommodations.
• Tasas de alquiler turístico (tourist tax): In Catalonia this tax is officially called “Impuesto sobre las estancias en establecimientos turísticos“. All tourists with a stay of up to 31 days are charged with this tax.
• Declaración del alquiler en el IRPF (income tax): Anyone who receives income from renting out a property must declare this with the tax office as rental income.

If you are a property owner and would like to have the best return on investment, please contact our expert team at ShBarcelona. We can help you sort out all your options.

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