There is a custom according to which the Treasury will end completely, sharing money or accounts between parents and children will be prohibited. Experts do not hesitate to clearly focus on a type of detail that can end up making an important difference. So it’s time to start paying attention to everything that lies ahead. It is time to see the arrival of a new measure which could end up marking a before and an after.
The Treasury confirms that it will tackle a series of elements which will mark a before and an after. So it will finally be time to bet on certain elements that will make us think. Increasingly, having money in the bank is becoming a problem in Spain. What we want to do is gamble, do what can really end up being what makes us start to have a headache that we may not have considered until now. The tax authorities will be at the origin of these practices that no one would perhaps have imagined.
Treasury confirms final trial
The final blow to savers or families the one who tries to learn to save will be the hardest. Especially for those who want to start taking care of their accounts. Parents want to give them a detail, but it can end up causing them a huge headache.
Without a doubt, the time has come to start thinking about taking care of the money that we give to the little ones in the house. In essence, we are faced with a detail that could fully affect us, in a few days in which we can save these euros for the future.
This activity of sharing money with your children will be an activity that the Treasury will continue, particularly depending on the amounts we have in front of us. So now is the time to start preparing to give it our all. Especially when you take into account the money we have in our hands.
A way to learn how to manage accounts which, depending on how one can begin to create a series of essential elements. The time will therefore come when this will perhaps be what will make the difference.
Farewell to this activity shared by parents and children
ING is the bank that clarifies a little how we should have shared accounts. In this case, with a few details, perhaps this will make the difference in every way. Take note of the tips and guidelines that will ensure that this money does not end up being a problem, quite the contrary.
Here’s what these experts say: “One of the most repeated and dangerous mistakes with joint accounts is thinking that they can be used to leave money to another person. That the taxman tends to divide the money 50% is not synonymous with this capital belonging to the owners. In fact, this is not the case. Ultimately, the money belongs to whoever deposited it, even if the account is joint. This is clear from the various judgments of the Supreme Court. One of the clearest dates from the year 2000. He explains that “the bank current account expresses an availability of funds in favor of its holders vis-à-vis the bank which keeps them, and the criterion according to which the money deposited cannot be accepted on such indistinct accounts. becomes the property of the appellant, simply because he appears as the indistinct owner. From a theoretical point of view, the Treasury defines a donation as the delivery of a good or service to a person free of charge, voluntarily and without expecting anything in return. Furthermore, contrary to popular belief, there is no minimum for these deliveries to be considered donations and taxes must be paid on them. In other words, income paid into a joint account can be considered a gift. Fortunately, the Treasury has the left hand in these types of situations, although it also monitors them. When can he hold you accountable? When it concerns movements which are systematically repeated over time or when it concerns large sums of money which pass from one holder to another. For example, if owner A deposits €1,000 each month and it is always owner B who owns this €1,000.
Therefore, you have to be very careful with this way of maintaining shared accounts, which can end up being a problem when filing the tax return or carrying out certain procedures.
