Saturday, April 15, 2023, 00:08
The obligation or not to present the income statement depends on the level and type of income of the taxpayer. In the case of pensioners, they are subject to the same rules as workers, since pensions are considered as income from work. However, the Basque regional regulations contemplate some situations in which the recipients of a pension they do not have to settle accounts with the treasury.
As a general rule, taxpayers with earned income of more than 20,000 euros are required to declare. Or when their gross returns on capital and capital gains -income derived from shares or from the sale of a flat, for example- jointly exceed 1,600 euros.
When the person obtains work income from two or more payers, they will not have to make the declaration if they are less than 14,000 euros. In the event that they are between those 14,000 and 20,000 euros, there will be no reason to file the declaration if the income obtained from the second and remaining payers does not exceed 2,000 euros.
The collection of more than one income from work is a situation that is not at all exceptional in the case of pensioners. It occurs, for example, when rescuing a pension plan, or receiving a pension from another country. It can also happen when in a year the retirement pension begins to be collected and in that same year an unemployment benefit or subsidy has been received.
Pensions exempt from declaring
In addition to the exemptions common to the rest of the recipients of earned income, there are a series of pensions that are not required to pay personal income tax:
– Public benefits received by acts of terrorism.
– Benefits for non-disabling permanent injuries, permanent partial, total, absolute or severe disability recognized by Social Security or by the entity that replaces it. In the event of receiving a total permanent disability benefit (partial disability is also included in Álava), it will not be exempt when other work income is received other than pensions or Social Security benefits, pension plans, social welfare entities voluntary, insured pension plans and group insurance, or economic activities. However, periodic benefits are always exempt in the tax period in which they are received for the first time.
-Pensions for uselessness or permanent disability of the passive class regime (which includes certain groups of civil servants, soldiers, presidents of the Government, former presidents and other senior officials) provided that the injury or illness that caused them completely disabled the recipient of the pension for any profession or job.
– Recognized pensions in favor of those people who suffered injuries or mutilations on the occasion of or as a consequence of the Spanish Civil War.
– Pensions and passive assets of orphanage and in favor of grandsons and granddaughters of brothers and sistersunder 22 years of age (in Álava it is 25 years) or disabled for all types of work, received from the public Social Security and Passive Class schemes.