Examples
Example 1:
Don SMG lawyer, in addition to the free exercise of his profession that he has been carrying out since 1990, has begun in 2020 the exercise of an agricultural activity that may be included in the objective estimation method.
How will you determine the net returns from both activities in 2020, knowing that the net amount of the turnover from your professional activity has not exceeded the amount of 600,000 euros per year in 2019?
Solution:
The net income from the professional activity must be determined in the simplified form of the direct estimation method, as the net amount of the turnover did not exceed 600,000 euros per year in the immediately preceding financial year (2019). Likewise, given the incompatibility between the direct estimation method and the objective estimation method, the determination of the net return of agricultural activity must also be carried out in the simplified modality of the direct estimation method.
Example 2:
Don JJC, businessman, determines the net return of his economic activity in the simplified form of the direct estimation method. On May 5, 2020, a new economic activity not included in the scope of application of the objective estimation method begins and for which the simplified modality of the direct estimation method is renounced.
How will you determine the net returns from both activities in fiscal years 2020 and 2021?
Solution:
In fiscal year 2020, the net performance of the new activity will be determined in the normal modality of the direct estimation method, with the economic activity that it had been developing remaining in the simplified modality. The incompatibility between both modalities of the direct estimation method will not take effect until the following year, 2021, in which the net return derived from both activities must be determined in the normal modality of the direct estimation method.
Example 3:
Don AVC A business activity begins on July 1, 2020 to which the objective estimation method is not applicable. The net amount of turnover in 2020 amounted to 425,000 euros.
How will you determine the net performance of the activity in fiscal years 2020 and 2021?
Solution:
In fiscal year 2020, the net return will be determined in the simplified form of the direct estimation method, as it has not expressly waived its application.
In fiscal year 2021, the normal modality of the direct estimation method must be applied, since the net amount of the annual turnover exceeds 600,000 euros per year (425,000 x 12/6 = 850,000).