When you work as a freelance psychologist, in addition to taking care of your patients, you must also manage your tax obligations. One of the most important taxes to consider is the Personal Income Tax (Personal Income Tax), which is paid in a phased manner according to the income generated.

Today we are going to explain to you the Model 130, which is one of the most important personal income tax payments for self-employed workers, how to calculate it correctly and why good planning can save you thousands of euros.

1. What is the Model 130 and what is it for?

The Model 130 is a Income tax payment, which is presented quarterly. It's like a “piggy bank” that you advance to the Treasury so that when your income tax return arrives, you have already paid a significant part and avoid a large outlay.

This model is required for self-employed workers who pay taxes in direct estimation and they don't have at least 70% of their income withheld.

💡 Practical example:

• If during the first quarter of the year you obtained a benefit of €5,000, the Treasury requires you to advance a percentage (usually 20%) of that amount.
• Therefore, you would pay 1,000€ in the form of personal income tax, which will then be deducted from your income tax return.

2. Personal Income Tax: A progressive and scaled tax

One of the most common mistakes when talking about personal income tax is to think that if you enter more than a certain amount, they withhold all that amount at the highest percentage. But this is not true.

📌 Personal income tax is a tax on a scale, which means that each part of your income is taxed at a different percentage.

Example of personal income tax brackets (General example, may vary by autonomous community):

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🔹 Common Myth: “If I win 60,000€ they take 45% from me . “❌ False.

✅ The reality is that:

• The first 12,450€ They pay tribute to 19%.
• From 12,450€ to 20,200€, are tributed to the 24%.
• From 20,200€ to 35,200€, are tributed to the 30%.
• And so on.

This means that each income bracket pays a different percentage, not all your money at the highest rate.

3. The importance of planning your income tax return

One of the most common mistakes is Start worrying about rent in April, when is the filing date. But by then it's too late to optimize your taxes.

📌 The ideal is to review your tax situation between September and October, to make sure you:
✅ Have all your expenses accounted for correctly.
✅ Apply all available deductions (children, housing, education, etc.).
✅ Check if you can take any action to optimize your tax payment before the end of the year.

💡 Practical example:

• If you see that your income tax return could be high, you could invest in deductible formations before the end of the year to reduce the amount to be paid.
• If you billed less in a quarter, you may be able to make adjustments to your deductible expenses.

Plan your statement in advance It can save you thousands of euros.

4. Other important personal income tax considerations

🔹 Two payers don't mean paying more taxes
❌ One of the most common myths is that if you work with two clients or companies, “your personal income tax increases”. This is not true.

The thing is that if you have two payers, you have the obligation to submit the declaration If you exceed the 14,000€ in total. But that doesn't mean you pay more, just that you have to declare everything entered correctly.

🔹 Each autonomous community has different deductions Depending on where you live, you could benefit from deductions for:
✅ Educational expenses
✅ Birth of children
✅ Housing rental
✅ Donations

Check with your advisor for all the deductions available in your community.

5. How does Eholo help you with tax management?

If managing your billing and taxes is difficult for you, Eholo makes it easy for you:
✅ Generate invoices automatically with retention if necessary.
✅ Calculate and record all your income in an orderly manner.
✅ Generate tax reports to facilitate the work of your advisor.

Having your accounts clear allows you to pay only what is fair and necessary in taxes no unpleasant surprises at the end of the year.

📌 Find out how Eholo can help you better manage your query here.

Conclusion

📌 The Model 130 is an account payment for personal income tax, which allows you to advance part of your taxes and avoid large payments on your income tax return. 📌 Personal income tax is a progressive tax, which is paid in installments, not a fixed percentage of all your income.
📌 Plan your income statement ahead of time (before December) can save you thousands of euros.
📌 Each community has different deductions, so it's key to review your personal situation.

💡 Do you have questions about personal income tax and taxation? Write to us and we'll help you manage it.

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