
Has the limit for filing a tax return with multiple payers been raised? Here's what you need to know
Share
This year, the income limit for being required to file a tax return when you have more than one payer has changed. Here we explain what this change means, who it affects and what you should keep in mind.
What was the previous limit and what has changed?
Until now, if you had more than one payer, you were required to file a tax return if your income exceeded 15,000 euros per year and the income of the second (or subsequent) payer exceeded 1,500 euros .
With the new change, the limit is increased to 22,000 euros , bringing it into line with that of those with a single payer, provided that the income of the second payer does not exceed 2,500 euros .
Who is affected by this change?
This change benefits several types of workers, such as:
- Self-employed workers who have had more than one job in the same fiscal year.
- People on ERTE or unemployed who have received SEPE benefits along with income from an employer.
What does this change mean for you?
- Benefits : Many people will be able to avoid the obligation to file an income tax return if their total income is below 22,000 euros .
- Warning : Even if you are not required to do so, it may be advantageous to file a return if you can recover withholdings or take deductions.
Steps to check if you are obliged
- Add up your income from all payers.
- Check how much you have received from the second and subsequent payers (it must be less than 2,500 euros ).
- If your total income exceeds 22,000 euros , you will be required to file a tax return.
Conclusion
This change simplifies obligations for many workers, but it is essential to know your tax situation. At AseFly we can help you understand your obligations and get the most out of your declaration.