- The Simplified VAT Regime is regulated by Order 119/2024, of December 13, from the Minister of Economy and Finance, for the year 2025.
- The Order HAC/1347/2024, of November 28, develops the objective estimation method for personal income tax and the simplified special regime of the Value Added Tax for the year 2025.
- The possibility of requesting a reduction of indices and modules in cases where activities have been affected by fires, floods, sinkholes, etc., that seriously alter their development is regulated in section 5.
- The deadline for requesting such a reduction is 30 days from the occurrence of these phenomena.
- In Navarra, the deadlines established since 2016 are maintained, so the request for reduction can be submitted until December 31 of each year, unless the alterations occur in the last month of the year, in which case the request could be submitted before January 31 of the following year.
- The deadlines for renunciations and revocations to the objective estimation method of personal income tax and the simplified special regimes of agriculture, livestock and fishing of the Value Added Tax for the year 2025 are determined by the single transitional provision of Royal Decree-Law 9/2024, of December 23.
- This provision was repealed by the Resolution of 22/01/2025, of the Congress of Deputies.
Source: audiconsultores-etlglobal.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
