Minimum income - do we still need to submit a tax return?

We moved to Spain under the WA back in Sep 2020, so 2021 was our first year of fiscal residency.

We are pre pension ago and living off savings (all declared on our Modelo720 back in Feb). Our savings earn interest at the staggering rate of around 46p per month.

Speaking to a couple of accountants they want to charge between 150 - 250 Euro to complete and submit our tax returns. Seems to me to be far in excess of what the tax would be on the income.

Is there a minimum threshold below which you make a declaration or don't make a submission?
If I must make a submission, any local (to Quesada) accountants who won't charge the earth ?

TIA

We have solicitors/accountants where we pay a yearly fee, they keep our deeds and other important bits and pieces we get free advice from them and they do our tax returns at no Extra Cost.

e.

That’s interesting re solicitors. I’ll check with ours and see what their annual fee is.

I use a firm called http://antonyasociados.com/ to do my tax return. I have 2 private pensions and a salary (so must do a tax return). I present all my stuff by email ie p60s from my pensions, year end salary summary provided by my employer and my tax certificate from my bank and then have to go along to the office when the declaration is ready to sign. Quite simple and quick. They charge me e30 to do this.

Chrisdee wrote:We have solicitors/accountants where we pay a yearly fee, they keep our deeds and other important bits and pieces we get free advice from them and they do our tax returns at no Extra Cost.

Don't mean to be rude but, can you say who you use and how much they charge for the service they provide.

We use a company called PSB in Torrevieja, they charge I think around 250 for the 2 of us.
I believe Matcliff uses another one and it's slightly less ? The parking for us is a mere, Marcliffs maybe better positioned too.

Brewingdog wrote:

Chrisdee wrote:We have solicitors/accountants where we pay a yearly fee, they keep our deeds and other important bits and pieces we get free advice from them and they do our tax returns at no Extra Cost.

Don't mean to be rude but, can you say who you use and how much they charge for the service they provide.

marcliff wrote:After the first year, you are not required to submit a tax return if your gross income is less than €22,000 but only from one source

€22,000 only applies those employed not non actives or retirees, for them the threshold is €16,000.

Note even where income does not reach the minimum failure to submit an annual return may result in the reintroduction of prescription charges, I know as it happened to my wife whose sole income is her UK state pension.