The assignment of housing to the employee as compensation in kind: Tax implications according to the DGT.

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…

VAT reestablishment on basic products

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…

Consideration as a large company

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: an option or an obligation

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…

Main Features of the Parity Law

The new Organic Law 2/2024, of August 1, 2024, on equal representation and balanced presence of women and men, published in the BOE on August 2, 2024 and coming into force on August 22, 2024, is based on the equality before the law of all citizens as set forth in the first article of the…