7,4,4,1. Scope

The objective estimation regime applies to agricultural, livestock and forestry activities carried out by the taxpayer, provided that the following conditions are met :

1. That the activity is specifically included in the Ministerial Order that regulates this regime (Order HAC/1164/2019 of November 22) and that they are listed in the section "Activity code".

2. That the limits established for its application are not exceeded.

3. That the taxpayer does not determine the net income of any economic activity by the direct estimation regime, in any of its modalities.

   When an economic activity not included in or for which the objective assessment regime is waived is started during the year, exclusion from the regime, with respect to the activities that were being carried out, will occur the following year.

4. That its application has not been waived in a timely manner.

5. That it has not been waived or excluded from the simplified VAT regime.

6. That the special VAT regime for agriculture, livestock and fishing has not been renounced.

Limits

1. Magnitude based on revenue volume 

   The volume of income in the previous year from all agricultural, livestock and forestry activities does not exceed 250,000 euros.

   However, not only the operations corresponding to the economic activities carried out by the taxpayer must be computed, but also those corresponding to those carried out by the spouse, descendants and ascendants, as well as by entities under an income attribution regime in which any of the above participate, in which the following circumstances occur:

   • That economic activities are identical or similar.

   • That there exists a common direction for such activities, sharing personal or material resources.

   When an activity was started in the immediately preceding year, the volume of income will be increased to the year.

   For these purposes, the volume of income includes all of the income obtained from the set of activities mentioned, without taking into account current or capital subsidies or compensation.

   Nor will the Value Added Tax be computed for those activities that are taxed under the simplified VAT regime.

2. Magnitude based on purchase volume: that the volume of purchases of goods and services for all economic activities carried out by the taxpayer does not exceed the amount of 250,000 euros per year.

Ancillary work, services and activities

Without prejudice to the foregoing, the activities:

• "Other work, services and accessory activities carried out by farmers or ranchers that are excluded or not included in the special regime for agriculture, livestock and fishing of the Value Added Tax" and

• "Other work, services and accessory activities carried out by holders of forestry activities that are excluded or not included in the special regime for agriculture, livestock and fishing of the Value Added Tax."

They will only be subject to the objective estimation regime of Personal Income Tax and the simplified VAT regime, if the volume of joint income attributable to them is lower than that corresponding to the main agricultural and livestock or forestry activities.