SPANISH PERSONAL INCOME TAX (IRPF) TEMPLATE WITHOUT FORMULAE

_________

Gross salary
Pensions plan
Car + on account payment (20000*20%)+ 20% (20000*20%)
Retirement pension for 6 months 1500*6
EMPLOYMENT

TOTAL GROSS INCOME

INCOME

Social security contribution

other expenses

TOTAL DEDUCTIBLE EXPENSES

NET EMPLOYMENT INCOME
Reduction/Other Deductions
REDUCED NET EMPLOYMENT INCOME
Rent 1500*12 months
INMOVABLE CAPITAL

TOTAL GROSS INCOME

Local proprety tax
INCOME

Community taxes 50*12months

depreciation/house cost of property 150000€*3%*(1-40% land)
TOTAL DEDUCTIBLE EXPENSES
NET INMOVABLE CAPITAL INCOME
Reduction/Other Deductions: 60%*14400 because residential
REDUCED NET INMOVABLE CAPITAL INCOME
T-bills (2000-1900)
Gross dividends 50% because shares with partner
MOVABLE CAPITAL

TOTAL GROSS INCOME

INCOME

Custodian charges with partner, so we divide by 2

TOTAL DEDUCTIBLE EXPENSES
NET MOVABLE CAPITAL INCOME
Reduction/Other Deductions:

REDUCED NET MOVABLE CAPITAL INCOME (GENERAL TAX BASE)

REDUCED NET MOVABLE CAPITAL INCOME (SAVINGS TAX BASE)

TOTAL GROSS INCOME

SELF-EMPLOYEMENT

INCOME

TOTAL DEDUCTIBLE EXPENSES

NET SELF-EMPLOYMENT INCOME
Reduction/Other Deductions:
 SELF-EMPLOYEMENT

INCOME

REDUCED NET SELF-EMPLOYMENT INCOME

CGL
NO TRANSM. TOTAL CGL NOT FROM TRANSMISIONS
Capital gain from selling main residence and excempt because older than 65
TRANSMISIONS

Shares transmission value

TRANSMISION VALUE
CGL

Shares acquisition value

ACQUISITION VALUE
GROSS CAPITAL GAIN OR LOSS
Reinvestment exemption:
NET CAPITAL GAIN OR LOSS
INCOME
IMPUTATION TOTAL INCOME IMPUTATION
GENERAL Employment Income
TAX BASE Inmovable Capital income + income imputations (0)
AND Self-employment income
GENERAL Movable Capital Income (General Base) + CGL (not from transmisions)
NET GENERAL TAX BASE
TAX BASE emplyer contribution to pension plan 1000

GENERAL NET TAX BASE (prior)

GENERAL NET TAX BASE

SAVINGS Movable Capital Income
TAX BASE Capital Gain and Losses (from transmisions)
AND SAVINGS TAX BASE
SAVINGS
NET SAVINGS NET TAX BASE (prior)
TAX BASE
SAVINGS NET TAX BASE
PERSONAL age >65 (1150€)+tax payer allowance (5550€)
AND FAMILY two children age <25
ALLOWANCES Ascendants allowance > 75 (1400€)+ ascendant allowance (1150€)
Ascendants disability degree < 65%
PFA TOTAL PERSONAL AND FAMILY ALLOWANCES
GENERAL Tax liability computation (General net tax base) slide 20
TAX ∙ Up to: 20200
LIABILITY *Rest: (35060-20200)*0,3
Total C1 =
Tax liability computation (Personal and Family allowances)
∙ Up to: 12450
(15050-12450)*0,24
Total C2 =
GROSS GENERAL TAX LIABILITY (C1-C2)
SAVINGS Tax liability computation (Savings net tax base) slide 23
TAX ∙ Up to: 450*0,19
LIABILITY Rest: 0
Total C5=
Tax liability computation (Personal and Family allowances not applied before)
∙ Up to:
∙ Rest:
Total C6=
GROSS SAVINGS TAX LIABILITY
GROSS TAX LIABILTOTAL GROSS TAX LIABILITY= grossgeneral + total c5
TAX donation to charity 12*50€ month= 600€
CREDITS 150€*75%+450*35%

TOTAL TAX CREDITS

NET TAX LIABILITY
NET TAX
LIABILITY
DEDUCTIONS TOTAL DEDUCTIONS
Withholding Withholding tax and payments on account (employment income)
Taxes and Withholding tax and payments on account (inmovable capital income)
Payments on Withholding tax and payments on account (movable capital income)
account Payments on account (Self-employment income)
TOTAL WITHHOLDING TAX AND PAYMENTS ON ACCOUNT
FINAL TAX LIABILITY (PRIOR) SHE GETS A REFUND OF 1115€
ASCENDANT WITH DISABILITY (12OO€)
FINAL TAX LIAB.=AMOUNT TO PAY/TO RECEIVE FROM THE TAX ADMINISTRAT
WITHOUT FORMULAE
______________________
_________________
Amount Withholding Withh/Paym.on account
% Amount
20,000 20.0% 4,000
1,000
4,800 800
9,000 20.0% 1,800
34,800 6,600
2,500
2,000

4,500
30,300

30 300
18,000

18,000
300
600
2,700
3,600
14,400
8,640
5,760
100 0% 0
125 19.0% 24

225 24
25
25
200

200
 0

1,750
1,750
1,500
1,500
250
 30 300
5,760
0
sions)
36,060
plan 1000 1,000

35,060
200
250
450

450

450
nce (5550€) 6,650
2,400
) 2,550
3,000
15,050
accumulated
4,226
4,458
8,684 0
accumulated
2,366
624
2,990
5,694
accumulated
86
0
86
accumulated

5,780

270

270
5,510
 6,600
me)
e) 24

UNT 6,624
OF 1115€ -1,115
-1,200
M THE TAX ADMINISTRATION -2,315
 SPANISH PERSONAL INCOME TAX (IRPF) TEMPLATE WIT

Gross Salary
Pension (employer contribution)
Company Car and payment on account (40000*20%*60%)+0,2
Alimony
TOTAL GROSS INCOME
Social Security Contributions
Other Expenses

TOTAL DEDUCTIBLE EXPENSES

NET EMPLOYMENT INCOME
Reduction/Other Deductions
EMPLOYMENT INCOME REDUCED NET EMPLOYMENT INCOME

TOTAL GROSS INCOME

TOTAL DEDUCTIBLE EXPENSES

NET INMOVABLE CAPITAL INCOME
Reduction/Other Deductions:
INMOVABLE CAPITAL INCOME REDUCED NET INMOVABLE CAPITAL INCOME
Interest Payment 800*(100/81) 19% instead of 20% because n
Gross Dividends (regular)

TOTAL GROSS INCOME

Deductible expenses
TOTAL DEDUCTIBLE EXPENSES
NET MOVABLE CAPITAL INCOME
Reduction/Other Deductions:
REDUCED NET MOVABLE CAPITAL INCOME (GENERAL TA
MOVABLE CAPITAL INCOME REDUCED NET MOVABLE CAPITAL INCOME (SAVINGS TA

TOTAL GROSS INCOME

 TOTAL DEDUCTIBLE EXPENSES
NET SELF-EMPLOYMENT INCOME
Reduction/Other Deductions:
SELF-EMPLOYEMENT INCOME REDUCED NET SELF-EMPLOYMENT INCOME
CGL
NO TRANSM. TOTAL CGL NOT FROM TRANSMISIONS
Apartment Transmissions value

TRANSMISION VALUE
Adquisition price - fees and taxes
ACQUISITION VALUE
GROSS CAPITAL GAIN OR LOSS
Reinvestment exemption: 45% 0f 60000( 45%=100000*100/220000)
CGL TRANSMISIONS NET CAPITAL GAIN OR LOSS
INCOME Apartment 1.1% of 100000
IMPUTATION TOTAL INCOME IMPUTATION
GENERAL Employment Income
TAX BASE Inmovable Capital income + income imputations
AND Self-employment income
GENERAL Movable Capital Income (General Base) + CGL (not from trans
NET GENERAL TAX BASE
TAX BASE Joint taxation with her child reduction
Pension fund contribution 5000+1000
GENERAL NET TAX BASE (prior)

GENERAL NET TAX BASE

SAVINGS Movable Capital Income
TAX BASE Capital Gain and Losses (from transmisions)
AND SAVINGS TAX BASE
SAVINGS
NET SAVINGS NET TAX BASE (prior)
TAX BASE
SAVINGS NET TAX BASE
PERSONAL taxpayer allowance (5550)
AND FAMILY one descendant (2400), under the age of 3 (2800)
ALLOWANCES
PFA TOTAL PERSONAL AND FAMILY ALLOWANCES
GENERAL Tax liability computation (General net tax base)
TAX ∙ Up to: 35200
LIABILITY ∙ Rest: (41950 - 35200)*0.37
Total C1 =
 Tax liability computation (Personal and Family allowances)
∙ Up to: 0
∙ Rest: (10750*19%)
Total C2 =
GROSS GENERAL TAX LIABILITY
SAVINGS Tax liability computation (Savings net tax base)
TAX ∙ Up to: 6000
LIABILITY ∙ Rest: (35908- 6000)*21%
Total C5=
Tax liability computation (Personal and Family allowances
∙ Up to:
∙ Rest:
Total C6=
GROSS SAVINGS TAX LIABILITY
GROSS TAX LIABIL. TOTAL GROSS TAX LIABILITY=
TAX Donation to Red Cross of 300
CREDITS First 150, 75%
Rest, 30%

TOTAL TAX CREDITS

NET TAX LIABILITY
NET TAX
LIABILITY
DEDUCTIONS TOTAL DEDUCTIONS
Withholding Withholding tax and payments on account (employment incom
Taxes and Withholding tax and payments on account (inmovable capital in
Payments on Withholding tax and payments on account (movable capital inc
account Payments on account (Self-employment income)
TOTAL WITHHOLDING TAX AND PAYMENTS ON ACCOUNT
FINAL TAX LIABILITY (PRIOR) She has to pay €4676
Maternity tax credit
FINAL TAX LIAB.=AMOUNT TO PAY/TO RECEIVE FROM TH
RPF) TEMPLATE WITHOUT FORMULAE
______________________
_________________
Amount Withholding Withh/Paym.on account
% Amount
40000 25.0% 10000
5000
(40000*20%*60%)+0,25*4 6000 1200
3000
54000 11200
3000
2000

5000
49000

ME 49000

0
0

L INCOME 0
tead of 20% because nowa 988 19% 188
2000 19% 380

2988 568
80
80
2908

NCOME (GENERAL TAX

NCOME (SAVINGS TAX B
 INCOME

ONS
220000

220000
160000
160000
60000
5%=100000*100/220000) 27000
33000
1100
1100
49000
putations 1100

) + CGL (not from transmisions)

50100
2150
6000
8150

41950
2908
ions) 33000
35908

35908
5550
of 3 (2800) 5200

OWANCES 10750
t tax base) accumulated
8725
2498
11223 Total C3 =
nd Family allowances) accumulated
0
2043
2043 Total C4=
9180
t tax base) accumulated
1140
6281
7421 Total C7=
nd Family allowances not accumulated

Total C8=
7421
16601

112.5
45

157.5
16443

unt (employment income) 11200

unt (inmovable capital income) 0
unt (movable capital income) 568
t income)
MENTS ON ACCOUNT 11768
as to pay €4676 4676
1200
O RECEIVE FROM THE TAX ADMINISTR 3476
She has to pay €3476 to the tax adminis
as to pay €3476 to the tax administration
 SPANISH PERSONAL INCOME TAX (IRPF) TEMPLATE WITHOUT FORMULAE
_________

Gross salary
Pension plan
Teacher award, therefore notorious irregular income 4000€*70%
Retirement pension for 6 months (1500*6)
EMPLOYMENT

TOTAL GROSS INCOME

INCOME

Social security contributions

Other expenses

TOTAL DEDUCTIBLE EXPENSES

NET EMPLOYMENT INCOME
Reduction/Other Deductions
REDUCED NET EMPLOYMENT INCOME
Summer rent for 2 months at 1500€
INMOVABLE CAPITAL

TOTAL GROSS INCOME

Local property taxes 300*2/12
INCOME

Community taxes 50€*2months

Depreciation 2/12*3%*150000*60%
TOTAL DEDUCTIBLE EXPENSES
NET INMOVABLE CAPITAL INCOME
Reduction/Other Deductions: no reductions because not residential use
REDUCED NET INMOVABLE CAPITAL INCOME
T-bills 2000-1900
Gross dividends shared with partner (250/2)
MOVABLE CAPITAL

TOTAL GROSS INCOME

INCOME

Custody charges shared with partner

TOTAL DEDUCTIBLE EXPENSES
NET MOVABLE CAPITAL INCOME
Reduction/Other Deductions:

REDUCED NET MOVABLE CAPITAL INCOME (GENERAL TAX BASE)

REDUCED NET MOVABLE CAPITAL INCOME (SAVINGS TAX BASE)

TOTAL GROSS INCOME

SELF-EMPLOYEMENT

INCOME

TOTAL DEDUCTIBLE EXPENSES

NET SELF-EMPLOYMENT INCOME
Reduction/Other Deductions:
 SELF-EMPLOYEMENT

INCOME

REDUCED NET SELF-EMPLOYMENT INCOME

CGL
NO TRANSM. TOTAL CGL NOT FROM TRANSMISIONS
Shares transmission value 3500/2
Sale of main residence, capital gain exempt as over age of 65
TRANSMISIONS

TRANSMISION VALUE
CGL

Shares acquisition value (3000/2)

ACQUISITION VALUE
GROSS CAPITAL GAIN OR LOSS
Reinvestment exemption:
NET CAPITAL GAIN OR LOSS
INCOME Imputation house in Segovia 1,1%*100000*(10/12) only used two months

IMPUTATION TOTAL INCOME IMPUTATION

GENERAL Employment Income
TAX BASE Inmovable Capital income + income imputations
AND Self-employment income
GENERAL Movable Capital Income (General Base) + CGL (not from transmisions)
NET GENERAL TAX BASE
TAX BASE pension fund (1000) reduction

GENERAL NET TAX BASE (prior)

GENERAL NET TAX BASE

SAVINGS Movable Capital Income
TAX BASE Capital Gain and Losses (from transmisions)
AND SAVINGS TAX BASE
SAVINGS
NET SAVINGS NET TAX BASE (prior)
TAX BASE
SAVINGS NET TAX BASE
PERSONAL taxpayer allowance (5550) and over 65 (1150)
AND FAMILY descendent under 24, low income (2400)
ALLOWANCES ascendent (1150) and over 75 (1400) and disabled (3000)
PFA TOTAL PERSONAL AND FAMILY ALLOWANCES
GENERAL Tax liability computation (General net tax base)
TAX ∙ Up to:20,200
LIABILITY ∙ Rest: (28,817-20,200)*0.3
Total C1 =
Tax liability computation (Personal and Family allowances)
∙ Up to:12450
∙ Rest: (14650-12450)*0.24
Total C2 =
GROSS GENERAL TAX LIABILITY C1-C2
SAVINGS Tax liability computation (Savings net tax base)
TAX ∙ Up to:
LIABILITY ∙ Rest:
Total C5=
Tax liability computation (Personal and Family allowances not applied before)
∙ Up to:
∙ Rest:
Total C6=
GROSS SAVINGS TAX LIABILITY
GROSS TAX LIABILTOTAL GROSS TAX LIABILITY=
TAX Total donation = 600 (50*12)
CREDITS First 150 75%
Rest, loyalty premium (35%)

TOTAL TAX CREDITS

NET TAX LIABILITY
NET TAX
LIABILITY
DEDUCTIONS TOTAL DEDUCTIONS
Withholding Withholding tax and payments on account (employment income)
Taxes and Withholding tax and payments on account (inmovable capital income)
Payments on Withholding tax and payments on account (movable capital income)
account Payments on account (Self-employment income)
TOTAL WITHHOLDING TAX AND PAYMENTS ON ACCOUNT
FINAL TAX LIABILITY (PRIOR) refund of 2,091
ascendant with disabilities
FINAL TAX LIAB.=AMOUNT TO PAY/TO RECEIVE FROM THE TAX ADMINISTRAT
WITHOUT FORMULAE
______________________
_________________
Amount Withholding Withh/Paym.on account
% Amount
20,000 20.0% 4,000
1,000
2,800
9,000 20.0% 1,800
32,800 5,800
2,500
2,000

4,500
28,300

3,000

3,000
50
100
450
600
2,400

2,400
100
125 19.0% 24

225 24
25
25
200
1,750
0

1,500

250

917
917
 29,217

sions) 2,400
31,617
tion 1,000

30,617

200
250
450

er 65 (1150) 6,700
me (2400) 2,400
5,550
14,650
accumulated
4,225
2,585
6,810 Total C3 =
accumulated
2,365
528
2,893 Total C4=
3,917
accumulated
86

86 Total C7=
accumulated

Total C8=

4,003

113
158

270
3,733
 5,800
me)
e) 24

UNT 5,824
-2,091
1,200
M THE TAX ADMINISTRATION -3,291
 SPANISH PERSONAL INCOME TAX (IRPF) TEMPLATE WITHOUT FORMULAE
_________
Exam May 2017 Juan and Clara joint taxation

gross salary
employer contributions to pension plan
business trip (2000-456.75) (91.35*5 days)-700€ hotel-300€flight
EMPLOYMENT

TOTAL GROSS INCOME

INCOME

social security contributions

other deductible expenses

TOTAL DEDUCTIBLE EXPENSES

NET EMPLOYMENT INCOME
Reduction/Other Deductions
REDUCED NET EMPLOYMENT INCOME
gross income (500*12) months
INMOVABLE CAPITAL

TOTAL GROSS INCOME

local property tax
INCOME

community expenses (50*12) months

depreciation (3%*60%*150000)
TOTAL DEDUCTIBLE EXPENSES
NET INMOVABLE CAPITAL INCOME
Reduction/Other Deductions: 60% reduction for residential use

REDUCED NET INMOVABLE CAPITAL INCOME

gross interest income (81/0.81)
treasury bills (100*0.99 - 1% charge from bank to transmission price(2000€))
MOVABLE CAPITAL

TOTAL GROSS INCOME

INCOME

TOTAL DEDUCTIBLE EXPENSES

NET MOVABLE CAPITAL INCOME
Reduction/Other Deductions:

REDUCED NET MOVABLE CAPITAL INCOME (GENERAL TAX BASE)

REDUCED NET MOVABLE CAPITAL INCOME (SAVINGS TAX BASE)

TOTAL GROSS INCOME

SELF-EMPLOYEMENT

INCOME

TOTAL DEDUCTIBLE EXPENSES

NET SELF-EMPLOYMENT INCOME
Reduction/Other Deductions:
 SELF-EMPLOYEMENT

INCOME

REDUCED NET SELF-EMPLOYMENT INCOME

CGL
NO TRANSM. TOTAL CGL NOT FROM TRANSMISIONS
TRANSMISIONS

120000-10000
TRANSMISION VALUE
CGL

100,000
ACQUISITION VALUE
GROSS CAPITAL GAIN OR LOSS
Reinvestment exemption:
NET CAPITAL GAIN OR LOSS
INCOME Juans Segovia House 50000€*1,1% *(6/12)months

IMPUTATION TOTAL INCOME IMPUTATION

GENERAL Employment Income
TAX BASE Inmovable Capital income + income imputations
AND Self-employment income
GENERAL Movable Capital Income (General Base) + CGL (not from transmisions)
NET GENERAL TAX BASE
TAX BASE Joint taxation of two partners 3400€
Contributions to pension funds 2000€
GENERAL NET TAX BASE (prior)

GENERAL NET TAX BASE

SAVINGS Movable Capital Income
TAX BASE Capital Gain and Losses (from transmisions)
AND SAVINGS TAX BASE
SAVINGS
NET SAVINGS NET TAX BASE (prior)
TAX BASE
SAVINGS NET TAX BASE
PERSONAL taxpayer allowance (5550)
AND FAMILY one descendant (2400), under the age of 3 (2800)
ALLOWANCES
PFA TOTAL PERSONAL AND FAMILY ALLOWANCES
GENERAL Tax liability computation (General net tax base)
TAX ∙ Up to: 35200
LIABILITY ∙ Rest:(38378-35200)*37%
Total C1 =
Tax liability computation (Personal and Family allowances)
∙ Up to: 0
∙ Rest:10200*19%
Total C2 =
GROSS GENERAL TAX LIABILITY
SAVINGS Tax liability computation (Savings net tax base)
TAX ∙ Up to: 6000
LIABILITY (28198-6000)*21%
Total C5=
Tax liability computation (Personal and Family allowances not applied before)

Total C6=
GROSS SAVINGS TAX LIABILITY
GROSS TAX LIABILTOTAL GROSS TAX LIABILITY=
TAX donations of 400€ to an entity, 10%
CREDITS

TOTAL TAX CREDITS

NET TAX LIABILITY
NET TAX
LIABILITY
DEDUCTIONS TOTAL DEDUCTIONS
Withholding Withholding tax and payments on account (employment income)
Taxes and Withholding tax and payments on account (inmovable capital income)
Payments on Withholding tax and payments on account (movable capital income)
account Payments on account (Self-employment income)
TOTAL WITHHOLDING TAX AND PAYMENTS ON ACCOUNT
FINAL TAX LIABILITY (PRIOR)

FINAL TAX LIAB.=AMOUNT TO PAY/TO RECEIVE FROM THE TAX ADMINISTRAT

WITHOUT FORMULAE
______________________
_________________
Amount Withholding Withh/Paym.on account
% Amount
45,000 20.0% 9,000
2,000
543 20.0% 109

47,543 9,109
3,000
2,000

5,000
42,543
0
42,543
6,000

6,000
300
600
2,700
3,600
2,400
1,440
960
100 19.0% 19
80 0

180 19

180

180
110,000
110,000
100,000
10,000

10,000
275
275
 42,543
1,235

sions)
43,778
3400€ 3,400
s 2000€ 2,000
5,400

38,378
180
10,000
10,180

28,198

28,198
0) 5,000
e of 3 (2800) 5,200

10,200
Accumulated
8,725
1,176
7,549 Total C3 =
Accumulated
0
1,938
1,938 Total C4=
5,611
Accumulated
1,140
4,662
5,802 Total C7=
Accumulated

Total C8=
5,802
11,603
40

40
11,563
 9,109
me)
e) 19

UNT 9,128
2,436

M THE TAX ADMINISTRATION