The Income Tax Declaration Campaign (IRPF) is a crucial time for taxpayers in Spain, and in 2025 this process will be modernised with the introduction of new payment methods. From this year, taxpayers will be able to pay their taxes by bank card and Bizum, which promises to make the process more convenient and efficient.…
November is approaching, and with it the deadline to apply for registration in the Monthly VAT Refund Register, also known as REDEME, has begun. This voluntary system is characterised by the monthly settlement of VAT, instead of quarterly, which is particularly favourable for companies that, due to the type of operations they carry out, usually…
In the Spanish registry system, the concept of "inmatriculación" refers to the process through which a property that has not previously been registered in the Land Registry is recorded for the first time. This process, governed by the Mortgage Law, is essential for providing legal certainty to property ownership. The recent amendment to this law,…
After the third quarter of the financial year and during the month of November of each year, there is an obligation to report certain information to the Tax Agency about the company’s activity during the previous financial year. We are talking about Form 232. What is Form 232? Form 232 is an information return that…
Telecommuting has significantly transformed labor dynamics, posing new challenges and opportunities in the relationship between employers and employees. A key issue that has arisen in this context is the tax treatment of the assignment of housing to employees who perform part of their work from home. According to consultation V0711-24, issued by the Directorate General…
Since 01 January 2023, products in the shopping basket such as milk, bread, eggs, vegetables, fruit, cheese and olive oil have enjoyed a VAT rate of 0%. This measure was introduced to combat the strong inflation experienced by our country at the beginning of the year 2023. Last Tuesday 01st October, VAT on all these…
It is true that once the summer holidays were over, it was time to get down to work with the third quarter taxes, but there has been a new TEAC resolution that gives taxpayers a hand, and we consider it convenient to take a few minutes away from the third quarter taxes to keep you…
Do you consider yourself to be a large company? According to the criteria of the Tax Agency, a large company is one that has achieved a turnover of more than 6,010,121.04 Euros in one year. This consideration gives rise to a series of census and tax changes from the following year onwards: – Notification to…
Electronic invoicing is becoming a reality in Spain and has recently come under the spotlight with the Royal Decree implementing Law 18/2022, Article 12, of 28 September, commonly known as the `Crea y Crece Law´, which aims to promote the creation and growth of companies in order to prevent and avoid tax fraud and which…
The Ministry of Finance has introduced a new system for correcting VAT self-assessments, allowing taxpayers to modify their declarations without having to wait for an official response. This change simplifies the process and facilitates the correction of errors or necessary adjustments in self-assessments. This new system is part of an amendment to the General Tax…