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If you have a business, it is necessary to differentiate between receipt and invoice for accounting purposes. Doubts often arise in case of billing, accounting for the received invoices and even when preparing the tax presentation.
As a result of the publication of the Draft Amendment of August 31, 2020, which introduces modifications to the VAT Law, the taxation of supplies of goods and services contracted by electronic means by Community end consumers is regulated.
After entry into force of the new royal decree, all companies, regardless of their size, will have to keep a payroll within a period of 6 months that will make it possible to observe whether employees are receiving a salary equivalent to that of the opposite sex, in the same high-quality position and with a similar required experience.
The ERTES of force majeure derived from the COVID-19 in force are extended until January 31, 2021, but only as from September 30, three types of ERTES can be carried out in certain companies whose business or activity is contemplated in the Royal Decree.
Personal Income Tax. Withholdings and payments on account. Income from work and economic activities, awards and certain capital gains and income allocations.
Although the prohibition or restriction of dismissal is established, in the regulation’s introduction it is not properly argue beyond the need for companies to have flexible measures to reduce company costs in order to avoid future dismissal or termination of the contract.
This new system is intended to avoid the financial costs involved in deferring refunds and is available to all those taxpayers duly registered in the register of monthly refunds.
Through Form 368 the company must inform the tax authorities of the VAT charged on their telecommunications, radio and television broadcasting or electronically supplied services, even if there has been no activity.
Legislation on telework in Spain is regulated by the Workers’ Statute and offers many advantages as well for companies (working life) as employees (social welfare). Its main aim is to reduce costs in physical infrastructure investments.
A tax offense occurs when the amount defrauded exceeds 120.000€, while if the amount is less, it would only be considered a tax infringement.