Modelo 123: withholdings on investment income (rendimientos del capital mobiliario)
Modelo 123: withholdings on investment income (rendimientos del capital mobiliario) is filed with Agencia Tributaria — modelo 123. With Managora you do it 100% online: you answer a few questions, sign a digital mandato (power of representation) and we draft, sign and file your application for you. Estimated total cost: from €19.
We file your modelo 123 (quarterly self-assessment of withholdings and payments on account on investment income other than bank interest and dividends): interest on loans between companies or from shareholders, assignment of rights, and investment income that does not go in the modelo 124/128. It pays over the withholdings applied during the quarter. The annual summary is the modelo 193.
- Estimated total cost
- from €19
- Managora's fee
- €22.99 (21% VAT incl.)
- Tasa (official government fee)
- No tasa payable
- Processing time
- Q1: 1-20 April; Q2: 1-20 July; Q3: 1-20 October; Q4: 1-20 January of the following year.
- Where it is filed
- Agencia Tributaria — modelo 123 ↗
- What you receive
- Application
Cost breakdown: Our fee 19 €, with no filing fee. You must also pay over the withholding (19 % as a general rule) resulting from your self-assessment..
Modelo 123: withholdings on investment income (rendimientos del capital mobiliario): how is it filed?
- 1Answer the chat questions (~8 minutes).
- 2We check that base x rate = withholdings adds up.
- 3Payment of 19 €.
- 4Sign the mandate from your phone.
- 5We file the modelo 123 electronically with the AEAT (Spanish Tax Agency).
- 6You receive the stamped copy with the CSV and the NRC payment reference.
Which documents do you need?
- •Contracts or agreements that generate the investment income.
- •Evidence of payment of the income and of the withholdings applied.
- •List of recipients with their NIF (tax ID) and amounts.
Legal basis and things to bear in mind
- Deadline: days 1-20 of the month following the quarter.
- General rate of 19 % (art. 101.4 LIRPF) unless a double taxation treaty applies.
- The annual summary is filed with the modelo 193 in January.
- For bank interest and dividends, the modelo 124/128 is used instead.
- Surcharge under art. 27 LGT (1-15 %) for filing late. Penalty under art. 191 LGT (50-150 %) if there was a prior demand.
Modelo 123: withholdings on investment income (rendimientos del capital mobiliario): frequently asked questions
Modelo 123: withholdings on investment income (rendimientos del capital mobiliario): how much does it cost?
The estimated total cost (our fee + official tasas and taxes) is from €19: Our fee 19 €, with no filing fee. You must also pay over the withholding (19 % as a general rule) resulting from your self-assessment.. Managora's fee is €22.99, 21% VAT included (€19.00 net + €3.99 VAT). This procedure carries no official tasa.
Modelo 123: withholdings on investment income (rendimientos del capital mobiliario): how long does it take?
Q1: 1-20 April; Q2: 1-20 July; Q3: 1-20 October; Q4: 1-20 January of the following year.
Modelo 123: withholdings on investment income (rendimientos del capital mobiliario): which documents do I need?
You need to have to hand: Contracts or agreements that generate the investment income., Evidence of payment of the income and of the withholdings applied., List of recipients with their NIF (tax ID) and amounts.. You do not upload them here: we collect the details through the guided chat.
Who files the procedure?
Managora files it in your name with Agencia Tributaria — modelo 123. You only provide the details through the chat and sign a mandato (power of representation); we prepare, sign and register it.
Can it be done online?
Yes. The whole process is online: you answer a few questions in the guided chat, sign a simple mandato on screen and receive the receipt and the official documents by email, with full legal validity.
Related procedures
- Registering as self-employed (Hacienda, the Spanish tax authority, and Seguridad Social)
- Baja como autónomo (Hacienda + RETA) (deregistration as a self-employed worker)
- Deferral of a Seguridad Social (Social Security) debt (LGSS art. 23 plus RD 1415/2004)
- Deferral or instalment plan for a debt with the AEAT (Spanish Tax Agency) (art. 65 LGT)
- Application for a refund of amounts wrongly paid (devolución de ingresos indebidos) (LGT art. 221 + RD 520/2005)
- Tarifa Plana for the self-employed: application for the reduced flat-rate contribution
Based on the legislation in force and on the official site of the competent authority: Agencia Tributaria — modelo 123 ↗.
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