The Tax and Customs Administration checks on its sanction aspects, such as non-compliance with delivery deadlines or the submission of false documentation
Start the countdown. There is barely a week left before the deadline for taxpayers to file bills with the Treasury. Despite carrying out a procedure that is repeated every year, a survey by the TaxScouts platform shows that 50% of Spaniards are afraid of making mistakes that will result in a fine from the Treasury. These are the main ones that should be avoided in order not to face penalties that can reach 30,000 euros in some cases:
If a taxpayer submits the return before the Treasury demands it and the result has to be returned, a surcharge of 100 euros will be levied, while if it has to be paid, the surcharge will increase with the months of delay with which it is presented: 5% if it is filed later, 10% if it is 6 months or up to 20% if it is longer than a year.
In the event that the return is due and required by the Treasury for the submission, a fine will be imposed, which, depending on whether it is considered a serious or minor offense, may amount to between 50% and 150% of the amount to be paid . being paid. “In the unlikely event that the Treasury demands the return of the result, the corresponding amount will be returned, but an economic fine of 200 euros will be imposed,” the TaxScouts experts recall.
Although the tax authorities cannot impose fines for income errors, they can do so if the correction of the errors made is to the taxpayer’s advantage and, the later the error is corrected, the higher the surcharge that the tax authorities may charge. “For example, the resolution of errors is 5% after 3 months after the term, 10% after 6 months, 15% after 12 months and after that the surcharge increases to 20%”, the experts indicate.
A fine of 50% to 100% of the amount can be imposed on invoices, documents and evidence that are illegal and represent a benefit for the taxpayer in the income statement of more than 3,000 euros.
In addition, if the taxpayer uses fraudulent means, the fine can be up to 150% of the amount as it is considered a serious crime.
In the event that the taxpayer uses fraudulent methods to defraud the Treasury, it is considered a serious offense and the fine can be up to 150% depending on the damage caused.
In the event that the fraud is a millionaire, the fines can carry penalties such as government aid, subsidies, and even professional suspension.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
