Form 115 is a self-assessment form used to declare the withholdings made on rentals. All companies, self-employed persons or professionals who have rented premises for the development of their business are obliged to submit it. We will try to answer all the questions about the form and how to fill it out step by step.
Form 115, frequently asked questions and instructions for filling it out
What is form 115?
Form 115 of the Tax Agency is a periodic self-assessment of withholdings and payments on account, income or returns from the leasing or subleasing of urban properties. It is commonly known as the quarterly or monthly declaration of withholdings for rent.
Who is required to submit Form 115?
All entities or individuals who pay rent for premises or offices for the development of their activity. That is, companies, corporations, public administrations, individual entrepreneurs, self-employed persons and professions, provided that the property is urban .
If the landlord of the office or premises is an individual and the IRPF withholding has not been specified in the rental invoice, we must also withhold it and submit form 115.
We must also include the rental of parking spaces in the form . To do this, we must communicate our status as professionals or entrepreneurs to the landlord and apply the withholding to the rental payments.
The form is not submitted in the following circumstances :
Rental of rustic plots.
The rent does not exceed 900 euros per year with the same landlord.
If the landlord is dedicated italy number data exclusively to renting properties and gives us an exemption certificate from the Tax Agency for being included in the activity section 861 of the IAE. These are the so-called SOCIMIS (Listed Public Limited Companies for Real Estate Investment).
Financial leases.
These are housing rents that companies pay to their employees.
Large companies must submit the rental tax withholding form between the 1st and 20th (both inclusive) of the month following the corresponding monthly declaration period. Except in the month of July, when it must be submitted during the month of August and the first twenty calendar days of the month of September.
Quarterly for the rest
For the rest of the entities and individuals required to submit the form, the deadlines are as follows:
If the last day of the deadline falls on a Saturday, Sunday or public holiday, the filing period is extended until the following day.
It should be noted that in addition to the periodic forms for rent withholdings, there is also an annual version, form 180. It is submitted electronically between 1 and 31 January of each year or in paper form, until 20 January.