New withholdings

Withholdings change as of January 1, 2015; for greater clarity, we attach a table with the new withholdings applicable to self-employed people.

Autonomous withholding table for 2015

Income from economic activities Retention
Professional Activities 19%
Professional Activities (first 2 years) 9%
Professional activities with low returns (up to €15,000) 15%
Objective estimation (modules) 1%

Distribute dividends this year!

According to the tax reform, in 2015 the first €1,500 collected in dividends will no longer be tax-free.

The tax reform approved by the Government plans to eliminate this exemption as of January 1, 2015, at the same time that it will soften the tax rates applicable to this type of income. Therefore, if you are going to receive dividends:

  1. Receive in 2014 a sum close to €1,500 per member. This way, you will take advantage of the exemption.
  2. Leave the excess for 2015 to take advantage of the rate drop.
  3. Remember that only the first €1,500 per person (not per company) is exempt.

Reduction due to irregular returns

The reduction that workers can apply to their income tax when they receive income generated in more than two years changes in 2015:

  1. Decreases the amount of the reduction from the current 40% to 30% starting in 2015.
  2. It will be an objective requirement not to receive any other bonus type in the last five years.