Home service spending first enters the IRS deduction. Record what you have to do in February to prepare the delivery of the statement in April.
This year, for the first time, the Family aggregate spending on domestic service employees may be deducted to collection of IRS from the previous year.
The deduction will be 5% of the amount paid members of the household aggregate to domestic workers, with a Maximum limit of 200 eurosadvances the. But only charges with returns of workers who are integrated into the legal regime of the domestic service will be considered.
The regime requires the remuneration to be declared to social security since the beginning of the work, and one of the characteristics of this deduction is that it will be pre-named by the Tax Authority (AT).
AT will investigate the amount of the deduction based on the data sent by the Social Security Institute (ISS), which will already communicate monthly payments made by the employer. From March 2025, this amount will be available on the Finance Portal, in the personal space of each taxpayer, to allow the deduction to be automatically included in the IRS statement.
The home service contract does not necessarily have to be formalized in writing, but must be communicated to social security, which can be done through the direct social security platform. THE employer must record the start of the workers’ duties up to 15 days before the start date of the workto ensure that the worker is properly registered.
Contributions to Social Security must be paid monthly, and the amount will depend on the agreed remuneration. For payment per hour, for example, the 2024 table defines a minimum of 30 hours a month, with values from 17.07 euros, and the worker part corresponds to 8.49 euros.
Failure to communicate to the social security of the beginning of the work relationship may result in prison or fine, the business recalls.
February and the tax authorities
February is a month of preparation for the delivery of IRS in April. Recall this month’s tasks before it’s too late.
Validation of invoices
Taxpayers even have February 25 to verify the invoices recorded on the Finance Portal. If any, they must insert it manually to ensure the correct assignment of tax deductions.
Pending invoices, such as health expenses with VAT at the normal rate, need an associated medical revenue. Workers who accumulate independent activity should identify whether their expenses are related to professional activity. Parents should also validate their children’s invoices.
Family aggregate update
Changes in family composition that occur by December 31 should be communicated to February 17. This information is essential for preparing IRS statements and may include births, deaths or revision of disability.
School proof for young workers
Dependent students who have had work income by 2024 need to send a proof of education through the Finance Portal during February. Without this document, they will not be able to benefit from tax exemption for income up to 2,546.3 euros annually.
Benefit for students in the interior or islands
Students enrolled in educational establishments located in interior territories or in the autonomous regions are entitled to an increase of 10 percentage points in educational expenses. To enjoy this benefit, families must declare the students covered in the Finance Portal and the amounts of the expenses supported.
Communication of lace in the interior
Taxpayers who have changed their residence to the interior of the country can deduce up to 1,000 euros a year in housing rent expenses. The benefit is valid for three years and must be declared annually on the Finance Portal.
Declaration of lease contracts
Long -term landlords ended long -term lease contracts before the deadline must communicate this information to finances. This allows the return of previously assigned tax benefits.
Declaration of common goods
Couples who acquired real estate and whose building matrix does not yet reflect the correct ownership must regularize this information. The commemoral communication allows the update of the building matrix with retroactive effects on 1 January, ensuring a correct determination of the additional to IMI (AIMI).
PARTICIPATION OF OLD LAKE
Property owners with lease agreements prior to 1990 must communicate the existence of these incomes. Thus, they ensure that IMI to pay does not exceed the amount of income received.
