New tax boxes simplify the 2024 Tax Return

The Spanish Tax Agency presents changes to the 2024 Income tax return, including new boxes to correct errors and facilitate claims.


New tax boxes simplify the 2024 Tax Return

The deadlines to submit the 2024 income tax return will be between April 2 and June 30. It is advisable to consult with a tax advisor or contact the Tax Agency directly in case of doubt. Knowing the news well and following the procedures correctly will contribute to more efficient tax management and free from penalties.

Among the most relevant modifications are the new boxes 669 and 701, which simplify the correction of errors and the claim for undue payments. Box 669 allows indicating disagreements with the Treasury's criteria on the calculation or result of the declaration, while box 701 facilitates the return of undue payments.

These innovations can prevent unnecessary penalties and improve the relationship between citizens and the Tax Agency. Despite the improvements, it is essential to carefully review all data before submitting the declaration to avoid complications and expedite tax processes. Previously, correcting errors required submitting a complementary declaration or requesting a rectification.

Teams from countries like Argentina or Brazil face challenges with the Tax Agency when selling players to Spanish clubs, due to the application of the Non-Residents Income Tax. The campaign for the 2024 Income Tax Return is approaching, and the new boxes offer the possibility of correcting discrepancies directly on the form, without the need for additional procedures.