3.6.2 Calculation of net return
Net income is calculated according to the annual Order that develops this method, multiplying the amounts set for the modules by the number of units of the same used, or multiplying the total volume of income by the net income index that corresponds to agricultural, livestock and forestry activities. The deductible amount for depreciation of fixed assets results from applying the depreciation table of said Order. If the requirements are met, it will be reduced by the exercise of certain economic activities.
Calculation of net income in agricultural, livestock and forestry activities:
For the year 2025 this method of determining yield includes, in addition to agricultural, livestock and forestry activities, the activity of "mussel raft production".
The calculation of the performance of each activity will be the result of performing the following operations on the volume of income:
PHASE 1
TOTAL VOLUME OF INTEGRAL INCOME (including subsidies, compensations and aid CAP single payment)
(x) NET PERFORMANCE INDEX
From 2023, the rate to be applied to aid will be 0.56 when income from agricultural and livestock activities, other than aid, is less than 25% of total income. Otherwise, the aid will be added to the income from crops or farms.
= PREVIOUS NET YIELD
PHASE 2
(-) REDUCTION FOR ACQUISITION OF AGRICULTURAL FUEL: 35% for agricultural and livestock activities for PIT 2022, 2023 and 2024. THIS REDUCTION DOES NOT APPLY IN 2025.
(-) REDUCTION FOR ACQUISITION OF FERTILIZERS: 15% for agricultural and livestock activities for PIT 2022, 2023 and 2024. THIS REDUCTION DOES NOT APPLY IN 2025.
(-) AMORTIZATION OF TANGIBLE AND INCOME TENDERS' ASSETS (excluding forestry activities) (New for the year 2024: Possibility of applying the free amortization system to certain vehicles and new charging infrastructures)
= REDUCED NET INCOME
PHASE 3
(x) CORRECTION INDEXES (according to the type of activity and certain circumstances)
= NET YIELD OF MODULES
PHASE 4
(-) GENERAL REDUCTION: 25% for the declaration of PIT from the 2022 financial year, 10% for the declaration of PIT for the 2023 fiscal year and 5% for the declaration of PIT from the 2024 and 2025 financial years
(-) 25% REDUCTION IN YOUNG FARMERS
(-) SPECIAL REDUCTION FOR ECONOMIC ACTIVITIES ON THE ISLAND OF LA PALMA: 20% for PIT 2022, 2023 and 2024. THIS REDUCTION DOES NOT APPLY IN 2025.
(-) REDUCTION FOR TAXPAYERS WHO CARRY OUT ACTIVITIES IN THE MUNICIPALITIES AFFECTED BY THE DANA BETWEEN OCTOBER 28 AND NOVEMBER 4, 2024: 25% APPLICABLE TO PERSONAL INCOME TAX FOR THE 2024 YEAR
List of municipalities affected by the DANA
(-) EXTRAORDINARY EXPENSES DUE TO EXCEPTIONAL CIRCUMSTANCES (fires, floods, subsidence, etc. communicated to the AEAT in a timely manner)
= NET INCOME FROM THE ACTIVITY
PHASE 5
(-) REDUCTION OF IRREGULAR INCOME: 30% (income generated over more than 2 years or obtained in a notoriously irregular manner)
= REDUCED NET PERFORMANCE OF THE ACTIVITY
Calculation of net income in other activities:
The determination of performance does not take into account the actual flow of income and expenses, but rather it is calculated based on objective data (staff module, surface area of the premises, tables, bar length, vehicle load, kilometers traveled, etc.) that vary depending on the activity you carry out.
For the year 2025, the activity of "mussel production in rafts" is excluded from this method of determining performance. The calculation of the performance for this activity from 2025 onwards is carried out as in agricultural, livestock and forestry activities.
Even if you carry out several activities to which this method applies, the calculation is carried out in isolation and separately for each activity that is considered independent.
The scheme to follow to obtain the performance would be:
PHASE 1
MODULE UNITS USED, UTILIZED OR INSTALLED
(x) ANNUAL YIELD PER MODULE UNIT (before amortization)
= PREVIOUS NET YIELD
PHASE 2
MINORATIONS:
(-) EMPLOYMENT INCENTIVES
(-) INVESTMENT INCENTIVES (amortizations) (New for the 2024 financial year: Possibility of applying the free amortization system to certain vehicles and new charging infrastructures)
= REDUCED NET INCOME
PHASE 3
(x) CORRECTION INDEXES (depending on the activity and certain circumstances)
= NET YIELD OF MODULES
PHASE 4
(-) GENERAL REDUCTION IN NET MODULE PERFORMANCE: 15% for the declaration of PIT from the 2022 financial year, 10% for the declaration of PIT for the 2023 fiscal year and 5% for the declaration of PIT from fiscal year 2024 and fiscal year 2025
(-) SPECIAL REDUCTION FOR ECONOMIC ACTIVITIES IN LORCA: 20%. THIS REDUCTION DOES NOT APPLY IN 2025
(-) SPECIAL REDUCTION FOR ECONOMIC ACTIVITIES ON THE ISLAND OF LA PALMA: 20% for PIT 2022, 2023 and 2024. THIS REDUCTION DOES NOT APPLY IN 2025
(-) EXTRAORDINARY EXPENSES DUE TO EXCEPTIONAL CIRCUMSTANCES (Fires, floods, subsidence, etc. communicated to the AEAT in a timely manner)
(+) OTHER BUSINESS RECEIPTS (Subsidies and certain compensations)
= NET INCOME FROM THE ACTIVITY
PHASE 5
(-) REDUCTION OF IRREGULAR INCOME: 30% (in general, those of generation greater than 2 years and, in particular, those established by regulation)
= REDUCED NET PERFORMANCE OF THE ACTIVITY