Personal income tax withholdings are advances to the Treasury, amounts of money advanced to the Tax Agency on account of the expected result in the income tax or corporate income tax return.
They are regulated by law, which establishes the percentages to be applied in each case. They are obligatory and affect many types of income, among which are those of employees, professionals and the rental of premises or offices.
With the extension for Microsoft Dynamics 365 Business Central, 365 IRPF, you can access and consult a list with all the purchase or sale movements that have involved some type of withholding.
You will have access to detailed information segmented by payment key, time period, grouping code or other parameters required by the user, making it super easy to extract, filter and group the information needed to fill in the different withholding tax returns.
In addition, it also contemplates form 216 (IRNR – income withheld for those workers, who are suppliers, not residing in Spain and without permanent establishment in our country), specifically, withholding bases with application of 0% in order to obtain the information both for those who have Certificate of Residence and those who do not have it.