The Tax Agency has different models that are necessary to carry out communications with taxpayers. One of them is Form 115, which is called “Withholdings and payments on account. Income or income from the leasing or subletting of urban real estate. We tell you what it is and how it appears.
The tax models They are the instruments that the Tax Agency has to communicate with taxpayers. It has several of them and each one is developed to cover a series of specific needs. In today’s article we tell you what is Model 115how it has to be presented and what are the dates that we must take into account.
What is Model 115?
The first thing we are going to do is understand exactly What is Model 115. This model acts as a tax declaration that must be presented by professionals, businessmen and companies that lease real estate. It is important to highlight that the properties that are rented must comply with a main requirement: and they must be focused on commercial or professional use, but rentals for individuals, for example, are not included.
As with the rest of the tax models, in this case it is used to establish communications with the Tax Agency about everything related to the withholdings applied in the rental payments. These withholdings are amounts that the tenant deducts from the rent and that correspond to the landlord’s Personal Income Tax (IRPF).
He Model 115 It does not act in isolation. In fact, all the information found therein must be included in Form 180, with the obligation to submit it annually. What are the exceptions that exist when presenting this model? In this case, the main one occurs when the rental amount does not exceed 900 euros per year and has a single landlord.
How to fill it out and when to submit it
Once we have known Who is this model indicated for? The next step is to know how to fill it. In this case, and unlike the vast majority of models, the entire process is especially simple. Since it only has five boxes that we must fill out. In them, we must include The amount of people from whom taxes have been withheld, the base amount on which the withholding has been made and the total to be entered.
Regarding delivery periods, we find an important distinction. In general, you must present during the first 20 days of the months of April, July, October and January. In this way, the preceding months are always covered. However, the same does not happen in the case of large companies.
Larger companies have the obligation to carry out this management every month, also andbetween the 1st and 20th of the month following that referred to in the declaration. The only exception is found in the month of July, whose form must be submitted during August and extends until the first twenty days of September.
Presentation
As with the rest of the models, the Tax agency It offers us the telematic means to carry out the presentation of the model in question. To do this, we must identify ourselves using a digital certificate or using Cl@ve PIN. Afterwards, we have to fill out the file and proceed with its presentation.
It is important to remember the dates that we have mentioned previously, since the Tax Agency It has its own deadlines and, once they are exceeded, we will have to face a financial penalty, without the possibility of carrying out any type of negotiation.
