The Tax Agency abolishes the €3,000 limit for reporting professional payments made by card and Bizum. From 2026, banks will report all amounts through model 170.
Self-employed individuals and professionals receiving payments via Bizum must declare those earnings as income from their activity, regardless of the amount. This is confirmed by the Tax Agency, which has eliminated the €3,000 threshold that previously limited the information banks provided about card payments. The measure, as reported by elmira.es, also affects payments linked to mobile phone numbers, a channel primarily managed in Spain through Bizum.
The regulatory change originates from Royal Decree 253/2025, dated April 1, published in the BOE the following day, which reformed the general regulation of tax management and inspection. Subsequently, Order HAC/747/2025, dated June 27, approved the new model 170, which came into effect in 2026. Until 2025, entities only reported card payments that reached €3,000 annually, leaving out smaller transactions from tax information.
The Tax Agency justifies the removal of the threshold by the need to "avoid the loss of relevant information" when payments are fragmented into small amounts or occur frequently. With the new regulation, model 170 collects all professional payments, without exception of amount.
"It doesn't matter if you receive it via Bizum, card, transfer, or cash," states a tax advisor regarding the obligation to declare income linked to the activity.
Model 170 is no longer an annual declaration but a monthly one. Banking, credit, electronic money, and payment entities that manage these payments for businesses and professionals established in Spain must submit the information monthly. The first submission with the new frequency, corresponding to January, was made in February 2026.
The self-employed individual does not submit any new model or provide additional documentation: it is their bank that informs the Tax Agency. What changes is that the Tax Agency has more frequent and detailed data about their electronic payments, which it can cross-reference with their invoicing and tax declarations. The issue arises when payments via Bizum exceed declared sales.
The reform does not affect Bizum transactions between individuals. The Tax Agency expressly excludes payments linked to mobile phone numbers when the recipient does not have a professional activity contract. In other words, the portion of a dinner among friends is not taxed as income. Banks only report transactions where the recipient acts as a business or professional.
The same regulatory package also updates the information that entities send about bank accounts through model 196 and expands the circle of those required to report to payment and electronic money entities, including branches in Spain of foreign entities and those operating under the free provision of services.
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