Specialized Guide

Aitax vs Autodeclaro: Modelo 720 comparison

Find out why Aitax is the best choice for your foreign assets declaration compared to Autodeclaro.

Aitax vs Autodeclaro

Overview

Both platforms help Spanish residents generate the Modelo 720 declaration for foreign assets.
Key differences lie in automation, workflow, and user experience.


Workflow and User Interface

Autodeclaro:

  • Users must read tutorials, extract data manually, and compile it into text files or spreadsheets
  • Files are uploaded as ZIPs; the user then waits for the system to generate the Modelo 720
  • Basic automation: applies ECB currency exchange rates, performs simple balance and valuation calculations
  • Workflow can feel clunky, slow, and outdated, especially for complex portfolios
  • Real estate abroad and some asset types require manual input

Aitax:

  • Modern, conversational interface; feels like interacting with a live tax assistant
  • Document-first workflow: upload PDFs or Excel statements directly
  • AI extracts balances, ISINs, account info, valuations, and real estate automatically
  • Automatic currency conversions using ECB rates
  • Automatically groups identical assets
  • Advanced calculations: balances, quarterly averages, classifications
  • Step-by-step guidance and interactive explanations in real time
  • Generates technical reports (memorias técnicas) for verification
  • Minimal user intervention required; the experience is intuitive and natural, similar to using ChatGPT or a modern LLM

Key Differences

FeatureAutodeclaroAitax
Data extraction from statements❌ Manual✅ Automatic
Currency conversions✅ ECB rates✅ Automatic ECB + integrated
Grouping identical assets❌ Manual✅ Automatic
Balance and valuation calculations✅ Basic✅ Advanced, includes grouping & quarterly averages
Real estate abroad❌ Mostly manual✅ Automatic
Technical reports❌ Limited✅ Detailed memorias técnicas
Interface / UX❌ Tutorial + Notepad + ZIP upload; slow and clunky✅ Modern, conversational, intuitive; like a live AI assistant

User Experience

Autodeclaro:

  • Rigid and outdated workflow
  • Users perform most steps themselves
  • Can feel time-consuming and error-prone
  • Requires learning per broker and manual preparation of files

Aitax:

  • Conversational, AI-assisted interface
  • Interactive, dynamic, and modern UI
  • Handles multiple brokers, languages, and all asset types automatically
  • Reduces mistakes and user anxiety
  • Provides real-time guidance and explanations
  • Step-by-step workflow from upload → review → ready-to-submit Modelo 720

Why Aitax Stands Out

  • Eliminates most manual data entry and transformations
  • Performs advanced calculations automatically
  • Covers all asset types, including real estate abroad
  • Generates technical reports for verification
  • Modern, intuitive, and conversational interface, making it feel like interacting with a live tax assistant
  • True document-first workflow: upload, review, submit

Ready for Modelo 720?

Upload your statements and generate the file for Hacienda.

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