The amounts are those of the period you are filing, not cumulative for the year: unlike the modelo 130, each modelo 111 looks only at its own quarter or month.
If you want it collected by direct debit your deadline is five days shorter: you have to file by 15 April 2026, under article 3.2 of Order EHA/586/2011. Filing later is still valid, but direct debit is no longer available.
Payments in kind carry no withholding but an “ingreso a cuenta”, which is the same money under another name. Article 102.1 applies the same rate as for cash to the valuation of article 43.1 of the Income Tax Act. Note that it is 43.1 and not 43.2: article 43.2 then adds the ingreso a cuenta to the employee's own income unless it was passed on to them, so the figure on the payslip is not the base of these boxes.
The three sections almost nobody fills in, all at 19 %. Prizes from games, competitions, raffles and random draws take the 19 % of article 99.1, unless they are investment income, which goes on a different form. Neighbours' gains from forestry harvesting in public woodland take the 19 % of article 99.2. And payments for the assignment of image rights to non-residents take the 19 % of article 107, which is the ingreso a cuenta of article 92.8 of the Act.
The form asks for the number of recipients in each section as well as the amount. The supplementary-return box takes the result of a return you already filed for this same year and period, and nothing else: box 29 has no other use.
Monthly filing is narrower than the label “large company” suggests. Article 108.1 cross-refers only to numbers 1 and 2 of article 71.3 of the VAT Regulation, meaning the previous year's volume of operations and the acquisition of a business as a going concern. It does not cross-refer to number 3, the monthly-refund register, nor to 4 or 5. That is why a company on the REDEME register files the modelo 303 every month and the modelo 111 every quarter. Public administrations whose last approved annual budget exceeds 6 million euros also file monthly.
That volume is below the €6,010,121.04 of article 71.3.1 of the VAT Regulation, so the modelo 111 is filed quarterly.
| Cash employment incomebox 2 | €9,000.00 |
| Employment withholdingbox 3 | €1,260.00 |
| Cash economic-activity incomebox 8 | €3,000.00 |
| Economic-activity withholding, at 15%box 9 | €450.00 |
| Total withholding and ingresos a cuentabox 28 | €1,710.00 |
| Result of the self-assessmentbox 30 | €1,710.00 |
Withholding on other income does not belong on this form. Letting business premises goes on the modelo 115, interest and dividends on the modelo 123, and payments to non-residents on the modelo 216. Article 2.2 of Order EHA/586/2011 is explicit: each kind of income goes on the form that matches its nature.
In January, alongside the fourth quarter, the modelo 190 is filed: the annual summary setting out recipient by recipient everything declared on the year's four modelos 111. If the figures do not reconcile, the Agencia Tributaria sees it.
Educational estimate, not tax advice. The general employment withholding rate is worked out by payroll under the procedure of articles 82 to 88 and cannot be derived from a single payment: enter the amount actually withheld from you. The return is filed on the Agencia Tributaria's Sede Electrónica.
Spanish Withholding Tax Return (Modelo 111) Calculator by Calculadora Capital