Examples
Example 1:
Mr. SMG In addition to the free practice of his profession, which he has been developing since 1990, the lawyer has started in 2025 the exercise of an agricultural activity that may be included in the objective estimation method.
How will you determine the net income from both activities in 2025, knowing that the net amount of turnover from your professional activity did not exceed 600,000 euros per year in the 2024 financial year?
Solution:
The net income from the professional activity must be determined in the simplified form of the direct estimation method, since the net amount of turnover in the immediately preceding year (2024) did not exceed 600,000 euros per year. Furthermore, given the incompatibility between the direct estimation method and the objective estimation method, the determination of the net yield from agricultural activity must also be carried out using the simplified form of the direct estimation method.
Example 2:
Mr. JJC, businessman, determines the net income of his economic activity using the simplified form of the direct estimation method. On May 5, 2025, a new economic activity begins that is not included in the scope of the objective estimation method and for which the simplified modality of the direct estimation method is waived.
How will you determine the net returns from both activities in the 2025 and 2026 fiscal years?
Solution:
In the 2025 fiscal year, the net income of the new activity will be determined in the normal modality of the direct estimation method, while the economic activity that was being carried out will remain in the simplified modality. The incompatibility between both methods of the direct estimation method will not take effect until the following year, 2026, in which the net income derived from both activities must be determined in the normal method of the direct estimation method.
Example 3:
Mr. AVC A business activity to which the objective estimation method does not apply begins on July 1, 2025. The net amount of turnover in 2025 amounted to 425,000 euros.
How will the net performance of the activity be determined in the 2025 and 2026 financial years?
Solution:
In the 2025 tax year, the net income will be determined using the simplified method of direct estimation, as it has not expressly waived its application.
In the 2026 financial year, the normal method of direct estimation must be applied, since the net amount of the annual turnover exceeds 600,000 euros annually (425,000 x 12/6 = 850,000).