We remind you of the cessation of the validity of the tax rates on Value Added Tax , introduced by the publication of Royal Decree-Law 4/2024, of June 26, which extends certain measures to address the economic and social consequences derived from the conflicts in Ukraine and the Middle East and adopts urgent measures in fiscal, energy and social matters.

• As of December 31, 2024 , the tax rate of 2 per 100 will no longer apply to the following basic foods:

  1. common bread , as well as frozen common bread dough and frozen common bread intended exclusively for the production of common bread.

  2. The ## bread-making flours.

  3. The following types of milk produced by any animal species: natural, certified, pasteurized, concentrated, skimmed, sterilized, UHT, evaporated and powdered.

  4. The cheeses .

  5. The eggs .

  6. The fruits, vegetables, legumes, tubers and cereals , which have the status of natural products in accordance with the Food Code and the provisions issued for its development.

• As of December 31, 2024 , the tax rate of 7.5 percent no longer applies to seed oils and pasta.

• Reduction of the tax rate applicable to olive oil, which is now taxed at 4%:

With effect from 1 January 2025, Article 2 of Royal Decree-Law 4/2024 amends Article 91. Two.1. 1. of Law 37/1992, of December 28, on Value Added Tax, to include olive oil among the basic food products that are taxed at the reduced rate of 4%.