3.6.2 Calculation of net return
The net return 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 by multiplying the total volume of income by the net return index that corresponds to agricultural activities. livestock and forestry. The deductible amount for amortization of fixed assets results from applying the amortization table of said Order. If the requirements are met, it will be reduced for the exercise of certain economic activities.
Calculation of net performance in agricultural, livestock and forestry activities:
PHASE 1
TOTAL VOLUME OF COMPLETE INCOME (including grants, compensation and aid PAC single payment)
From 2023, the index 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 the crops or farms.
(x) NET RETURN INDEX
= PREVIOUS NET PERFORMANCE
PHASE 2
(-) REDUCTION FOR ACQUISITION OF AGRICULTURAL DIESEL: 35% for agricultural and livestock activities for Personal Income Tax 2022, 2023 and 2024
(-) REDUCTION DUE TO THE ACQUISITION OF FERTILIZERS: 15% for agricultural and livestock activities for Personal Income Tax 2022, 2023 and 2024
(-) AMORTIZATION OF MATERIAL AND INTANBIGLE ASSETS (excluding forestry activities)
= MINORIZED NET INCOME
PHASE 3
(x) CORRECTIVE INDICES (depending on the type of activity and certain circumstances)
= NET PERFORMANCE OF MODULES
PHASE 4
(-) GENERAL REDUCTION: 25% for the declaration of Personal Income Tax for the 2022 financial year, 10% for the declaration of Personal Income Tax for the financial year 2023 and 5% for the declaration of IRPF for fiscal year 2024
(-) 25% REDUCTION FOR YOUNG FARMERS
(-) SPECIAL REDUCTION FOR ECONOMIC ACTIVITIES ON LA PALMA ISLAND: 20% for Personal Income Tax 2022, 2023 and 2024
(-) EXTRAORDINARY EXPENSES DUE TO EXCEPTIONAL CIRCUMSTANCES (fires, floods, sinkholes, etc. communicated to the AEAT in a timely manner)
= NET ACTIVITY RETURN
PHASE 5
(-) IRREGULAR INCOME REDUCTION: 30% (returns generated in more than 2 years or obtained in a notoriously irregular manner)
= REDUCED NET RETURN FROM THE ACTIVITY
Calculation of net performance in other activities:
PHASE 1
MODULE UNITS USED, USED OR INSTALLED
(x) ANNUAL PERFORMANCE PER MODULE UNIT (before amortization)
= PREVIOUS NET PERFORMANCE
PHASE 2
MINORATIONS:
(-) EMPLOYMENT INCENTIVES
(-) INCENTIVES FOR INVESTMENT (amortizations)
= MINORIZED NET INCOME
PHASE 3
(x) CORRECTIVE INDICES (depending on the activity and certain circumstances)
= NET PERFORMANCE OF MODULES
PHASE 4
(-) GENERAL REDUCTION OF THE NET PERFORMANCE OF MODULES: 15% for the declaration of Personal Income Tax for fiscal year 2022, 10% for the declaration of Personal Income Tax for fiscal year 2023 and 5% for the declaration of IRPF for fiscal year 2024
(-) SPECIAL REDUCTION FOR ECONOMIC ACTIVITIES IN LORCA: twenty %
(-) SPECIAL REDUCTION FOR ECONOMIC ACTIVITIES ON LA PALMA ISLAND: 20% for Personal Income Tax 2022, 2023 and 2024
(-) EXTRAORDINARY EXPENSES DUE TO EXCEPTIONAL CIRCUMSTANCES (Fires, floods, sinkholes, etc. communicated to the AEAT in a timely manner)
(+) OTHER BUSINESS PERCEPTIONS (Subsidies and certain compensation)
= NET ACTIVITY RETURN
PHASE 5
(-) IRREGULAR INCOME REDUCTION: 30% (in general, those of generation greater than 2 years and, in particular, those established by regulation)
= REDUCED NET RETURN FROM THE ACTIVITY