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Late IRPF filing guide outlines deadline extensions and housing considerations for delayed tax returns

Executive summary: Expansión releases a guide on how to file the Income Tax return after the deadline, focusing on procedures and housing-related aspects. The guidance helps taxpayers avoid penalties and clarifies tax treatment of property, affecting financial planning and compliance.

Who is involved: ARAG, the tax advisory firm, in collaboration with Expansión; prospective taxpayers needing to file late.

Likely next: Taxpayers will follow the outlined steps to submit late declarations before the extended deadline, with possible further official updates from the tax authority.

Expansión publishes a guide from ARAG detailing how taxpayers who miss the normal filing deadline can still submit their Income Tax return, outlining procedural options and specific rules on property-related declarations. The article emphasizes procedural compliance without speculating on penalties.

What's next — scenarios

Procedural Regularization (Base Case) (65%)

Taxpayers will opt for voluntary late filing to avoid escalating penalties, stabilizing tax collection flows.

Regulatory Crackdown (Downside) (25%)

Increased administrative costs for tax consultancy firms due to more complex penalty calculations.

Incentivized Compliance (Upside) (10%)

Higher taxpayer compliance rates if extensions include simplified digital filing windows.

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