The declaracion de la renta is Spain's annual income tax return (Impuesto sobre la Renta de las Personas Fisicas, or IRPF). Tax residents in Spain must file this return declaring their worldwide income, including salary, rental income, capital gains, interest, dividends, and other sources. The filing period is typically April to June for the previous tax year. Spain uses progressive tax rates ranging from 19% on the first 12,450 EUR to 47% on income above 300,000 EUR, with rates varying slightly by autonomous community. Allowable deductions include mortgage interest on your primary residence (for pre-2013 mortgages), contributions to pension plans, and certain personal and family allowances. Rental income can be offset by allowable expenses such as mortgage interest, repairs, insurance, IBI, community fees, and depreciation. For residents renting out property within Spain, a 60% reduction on net rental income applies for long-term residential lets. The tax agency (Agencia Tributaria) provides an online draft (borrador) that pre-fills much of the return from employer and bank data. Non-residents do not file the declaracion de la renta but must file Modelo 210 instead for their Spanish-source income.
Declaracion de la Renta — Spanish Property Glossary
Frequently Asked Question
Do I have to file a tax return in Spain?
Tax residents earning above the minimum threshold must file the annual declaracion de la renta (April to June). Non-residents with Spanish property file Modelo 210 instead for imputed or rental income.