More than 145,000 taxpayers regularised their pensions from abroad for total value of 309 million euros

In these six months, both returning Spanish pensioners and foreigners in Spain have regularised a total of 309 million euros in Personal Income Tax quotas for the periods 2010-2013, which is a similar figure, for example, to the cost of the recent reduction in withholdings to 15% for the self-employed in 2015.

Under the scheme, taxpayers filed more than 392,000 self-assessment returns which, taking into account the total amount paid in under the regularisation, means that the average sum paid in per financial year stands at 891 euros.

The extraordinary regularisation period went hand-in-hand with a special scheme to waive penalties, surcharges and interest imposed by the Spanish Tax Agency for other regularisation schemes prior to the open scheme between January and June. Applications for this tax relief recorded a sum total of 32,414 and the agency has agreed to return more than 13 million euros to date.

Assistance and information

During the course of the regularisation and debt relief process, the Spanish Tax Agency offered face-to-face assistance to more than 74,000 taxpayers and, on a prior basis, sent out more than 651,000 informative letters on the details of the scheme to potential beneficiaries.