2023 Income Tax Return

As of March 19, the Tax Agency will make the draft or tax data of the personal income tax declaration available to taxpayers through the electronic headquarters of the State Tax Administration Agency Deadlines: From April 3 to July 1:   Confirmation of the draft electronically, draft/declaration processing service (WEB Income) . From May 7 to July 1: Rental preparation by phone. From June 3rd to July 1st: In-person rental preparation. Payment terms: Until June 26: In the case o...
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Minimum interprofessional salary

Minimum wage statistics and evolution since 2008, year-on-year variations and comparative graph with other countries. Yaer 14 instalments 12 instalments Annual Variation 2024 1.134,00 1.323,00 15.876,00 5,00% 2023 1.080,00 1.260,00 15.120,00 8,00% 2022 1.000,00 1.166,67 14.000,00 3,63% 2021 965,00 1.125,83 13.510,00 1,58% 2020 950,00 1.108,00 13.300,00 5,50% 2019 900,00 1.050,00 12.600,00 22,30% 2018 735,90 858,55 10.302,...
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CPI: Year-on-year changes

CPI statistics and developments since 2008.   To see the press releases of each year click on the year. Spain Balearic Islands 2023 3,10 3,30  2022 5,70 6,30  2021 6,50 6,50  2020 -0,50 -0,40 2019 0,80 1,00 2018 1,20 0,70 2017 1,10 1,30 2016 1,60 1,60 2015 0,00 0,30 2014 -1,00 -0,80 2013 0,30 0,50 2012 2,90 3,10 2011 2,40 2,30 2010 3,00 2,70 2009 0,80 0,80...
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Working calendar 2024

The labor calendar corresponding to the year 2023 is now available. To access the calendar of your locality we provide you with the following link on the CAIB website Work calendar: Work calendar 2024 Illes Balears At the same time, we remind you of the obligation to display it in the workplace in a visible place so that all workers can consult it. On the other hand, we remind you of the obligation to keep a record of the working hours of ALL workers, in this sense, the actions of t...
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Summary of tax reform (ISD) inheritance and gift tax and (ITP) transfer of assets Balearic Islands

(07/18/2023) The new Balearic Islands Government has approved the first Decree Law that modifies the effective taxation of inheritance and gift tax as well as the tax on property transfers. SUMMARY OF THE REFORM: Objectives of the reform: To facilitate transfers of wealth between immediate family members and reduce the tax burden on these transactions. Stimulate the purchase of homes for young people and people with disabilities, as well as for large families and single-p...
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Special regime Balearic Islands 2023-2028

The seventieth additional provision of the  LPGE  for 2023 introduces the  special tax regime of the Balearic Islands with effect for tax periods beginning between January 1, 2023 and December 31, 2028 SUMMARY OF THE SPECIAL REGIME OF THE BALEARIC ISLANDS: The reserve for investments in the Balearic Islands offers tax benefits to corporate income tax and non-resident income tax payers who allocate part of their profits to this reserve, provided that they come from establishments locate...
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2022 Income Tax Return

As of April 11, the Tax Agency will make available to taxpayers the draft or the tax data of the IRPF declaration through the electronic headquarters of the State Tax Administration Agency Deadlines: From April 11 to June 30:   Confirmation of the draft electronically, draft / declaration processing service (Renta WEB) . From May 25 to June 30: Confirmation of the draft declaration by any means other than electronically, whatever its result, to enter, to return or negative in the case o...
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New contribution system for self-employed 2023 (RDL 13/2022)

By means of this circular we would like to inform you of the entry into force as of 01/01/2023 of the new contribution system for self-employed workers, in accordance with RDL 13/2022. This new contribution system will be implemented gradually over the next 9 years, and is based on the contribution based on the actual net income obtained by the self-employed. The self-employed will have to report their expected net monthly income for the year 2023 (and subsequent years) and pay contributio...
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Deadlines for submitting self-assessments by direct debit

The deadline for submitting self-assessments with direct debit will depend on the end of the submission deadline for each model. If the expiration of the submission period coincides with a non-business day, the period ends on the first following business day and the direct debit period will generally be extended by the same number of days that the submission period for said declaration is extended. Below are the general and direct debit deadlines for each model, corresponding to the year 2023...
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