Result of the simplified regime
Once the tax liability derived from the simplified system has been calculated, it is necessary to subtract the payments on account made during the year.
The tax liability arising from the simplified scheme shall be increased by the amount of the tax due on the following transactions:
Intra-Community acquisitions of goods.
Deliveries of tangible fixed assets and transfers of intangible fixed assets.
Reverse charge transactions.
Likewise, the amount of the tax borne or paid on the acquisition or importation of fixed assets intended for the development of the activity may be deducted.The deduction of these contributions may be made in accordance with the general rules established in Article 99 of the Tax Law, in the self-assessment corresponding to the settlement period in which they have been borne or paid or in subsequent periods, within the limits established in that article.However, where the entrepreneur or trader settles in the self-assessment for the last period of the tax year the tax relating to intra-Community acquisitions of fixed assets or to acquisitions of such assets with reverse charge, the deduction of such tax may not be made in a self-assessment prior to that in which the tax is settled.
In the case of the acquisition of vehicles, the rules for deductibility of VAT are the same in both the general and simplified systems, with no differences with regard to the need for allocation and presumptions, and without prejudice to the possible application for a VAT refund by transporters, taxi drivers and couriers using form 308.