The 2025 Income Tax Campaign is about to begin and, in March 2026, the Tax Agency has made it clear that its capacity for cross-referencing data is more sophisticated than ever. For many taxpayers, especially those with complex incomes, digital profiles or assets abroad, the “draft” of the Treasury has ceased to be an aid to become a potential trap. At Ruiz & Associates we know that a draft is not a complete statement; it is simply the information that the Treasury already knows about you, but not the one that benefits you the most or the one that avoids your legal risks.
The danger of confirming the draft without expert review
One of the most frequent errors that we detect in our office in Seville is the hasty confirmation of the draft due to the desire to receive the refund soon. However, the draft often omits crucial data that can lead to penalties or loss of tax savings. According to Law 35/2006 on Personal Income Tax, the taxpayer is solely responsible for the veracity of his return, even if the data was automatically entered by the Administration.
This year, the Treasury focuses on article 7p of the LIRPF (exemption for work abroad) and on the regional deductions of Andalusia, which often do not appear dumped by default. Confirming without including these advantages means “gifting” money legitimately yours to the public coffers.
Artists and Creators: The Labyrinth of Deductible Expenses
For the group of artists, singers and content creators, the 2025 Income Tax presents specific challenges in the classification of income. Is it income from work or economic activities? The incorrect application of article 17.1 of the Personal Income Tax Law on remuneration in kind or image rights may lead to the initiation of a limited verification procedure.
Furthermore, in 2026, tax authorities are being particularly strict regarding the deductibility of expenses: utilities for the affected property, travel, and technological equipment. Simply having the invoice is not enough; proof of the correlation with income must be provided, something that only professional management of accounting documentation can guarantee in the event of an inquiry.
Declaration of Assets and Solidarity Tax
For high-net-worth individuals, planning in March is vital. The Wealth Tax and the Temporary Solidarity Tax on Large Fortunes require a snapshot of assets as of December 31st, but it is now that the tax return should be structured to optimize the combined income and wealth limit.
At Ruiz & Associates, with our track record of more than 30 years, we analyze the exemption of the family business and the valuation of international financial assets, ensuring that each declared figure strictly complies with the regulations in force in 2026 and the most recent jurisprudence of the Supreme Court on non-productive wealth.
Why trust Ruiz & Asociados for your Income?
The difference between a “filed” return and an “optimized” return lies in technical knowledge. In our office we do not limit ourselves to processing data; We carry out strategic consulting. We analyse your personal circumstances (changes of residence, sale of assets, inheritances received) so that your income tax return is a true reflection of your legal reality, taking advantage of every loophole of savings that the law allows.
The specialization in digital economy and technology allows us to understand income streams that are opaque for a traditional consultancy. From using Holded to extract accurate financial reports to managing international agreements to avoid double taxation, our commitment is your complete peace of mind in front of the Tax Agency.
Don’t wait until April
Time is running out. Once the filing period opens, the ability to correct structural errors is much smaller. The 2025 Income Tax Campaign is the annual test of your financial and legal health, and in 2026 the Tax Agency will not be willing to overlook a single inconsistency.
Reservation note: Personal income tax regulations are national, but there are significant regional tax brackets and deductions that vary each year. This post offers general guidelines and does not replace an analysis of each taxpayer’s profile by a tax expert.
Do you want to be sure that your 2025 Income Tax is shielded from the Treasury?
Don’t gamble with the draft. At Ruiz & Asociados we analyse your case under the magnifying glass of current legislation to maximise your savings and eliminate your risks. Contact us today and leave your statement in the hands of experts.
