2023-08-11 08:45:13
The rents are under the radar of the Treasury, especially when the summer season multiplies this type of holiday transactionssome of which are not declared.
The tax office reminds property owners the obligation they have to notify this type of incomewarning them of the consequencesin form of financial fineswhich not doing so could mean to them.
To facilitate the fulfillment of your duty, The Treasury has enabled form 179 to declare them for tax purposes and remember that you have various methods to detect fraud.
The fines to which the offenders are exposed will depend on the undeclared income, which can be between 50% – if the undeclared amount does not exceed 3,000 euros – and 150% of the collected. Of course, the responsibility for paying the penalty is shared between owner and tenant.
Other grounds for possible sanction on the part of the Treasury they are rent a vacation property without the appropriate license that allows it (recorded with between 4,001 euros and 40,000 euros) or receive rent payment in cash when this exceeds 1,000 euros, as stated in Law 11/2021, of July 9. In the latter case, the financial fine would be increased by 25% of the cash payment.
Fight against fraud
The fight of the Treasury against this type of fraud unfolds through the crossing of data from different sources such as vacation rental platforms, banks, property records, consumption of supplies. There is also inspectors what a fan checks on the ground in tourist areas, mainly, and during the summer season. In the other hand, neighbors’ complaints they constitute another significant source of clues for the ministry’s control body.
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