Accelerated depreciation (boxes 00313 and 00314)
According to the provisions of the first paragraph of article 11.3 of the LIS , the deduction of the excess of tax amortization due to the application of accelerated amortization with respect to accounting amortization is not conditional on its registration accounting in the profit and loss account.
Therefore, small companies covered by the tax incentive of accelerated depreciation under the terms of article 103 of the LIS must make the following adjustments in boxes [00313] and [00314] «Small companies dimension: accelerated amortization (art. 103 LIS and DT 28 LIS) » on page 13 of model 200:
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In box [00314] of reductions, they must include the amount of the excess of the tax amortization over the accounting amortization of the equity element in the tax period under consideration. of declaration. And in the tax periods subsequent to the one in which the asset element in question has been fully amortized for tax purposes, they must include in box [00313] of increases the amount of the corresponding accounting amortizations that they carry out.
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In the tax period in which the transmission of the asset element covered by accelerated amortization occurs, they must include in the box [00313] of increases, the amount of the total of corresponding negative adjustments made and pending to be positively integrated into the tax base.
Below is an example on how small entities apply accelerated amortization, and another on how these entities apply freedom of amortization and accelerated amortization together, as well as how they must transfer these calculations to model 200 (you can consult an example on how to apply the freedom of amortization in the section « Freedom of amortization »).
Example 1:
The Joint Stock Company "L", which in 2020 meets the requirements for the application of tax incentives for small companies, acquires a computer, making it available and coming into operation on July 1, 2020, all for a amount of 6,000 euros. It is estimated that the residual value of the element is insignificant, so the amortizable value coincides with the acquisition price.
The company decides to account for the depreciation of this computer by applying the maximum depreciation coefficients.
The entity also decides to carry out the tax-deductible amortization of the computer by applying the multiplier coefficient of 2 referred to in article 103 of the LIS. Likewise, the entity decides to carry out the accounting amortization of the computer according to its estimated technical depreciation, which is the result of applying a coefficient of 25%.
The financial year of the entity coincides with the calendar year. The tax deductible amortization in fiscal year 2020 will be as follows:
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Maximum coefficient applicable to the computer according to the officially approved amortization tables: 25%.
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Application of the multiplier coefficient: 2 x 25% = 50%.
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Accelerated amortization practiced: 6,000 x 0.5 (1) x 50% = 1,500 euros.
Note 1) Amortization is carried out from the date of entry into operation of the amortizable element, in this case, July 1, 2020. Therefore, in this exercise, said amortization must refer to that carried out in six months of 2020 of the LIS. (Back)
The accounting amortization carried out by Company "L" in fiscal year 2020 will be as follows:
6,000 x 0.5 (2) x 25% = 750 euros
Note (2) Amortization is carried out from the date of entry into operation of the amortizable element, in this case, July 1, 2020. Therefore, in this exercise, said amortization must refer to that carried out in six months of 2020 of the LIS. (Back)
Decrease in the result of the profit and loss account to be recorded in box [00314]: 1,500 - 750 = 750 euros
Therefore, in fiscal year 2020 and following, the corrections to be made (boxes [00313] and [00314]) will be:
| Financial year | Tax amortization | Accounting amortization | Corrections | Form 200 | |
|---|---|---|---|---|---|
| + | - | ||||
| 2020 | 6,000 x 0.5 x 50% = 1,500 | 6,000 x 0.5 x 25% = 750 | --- | 750 | [00314] |
| 2021 | 6,000 x 50% = 3,000 | 6,000 x 25% = 1,500 | --- | 1,500 | [00314] |
| 2022 | Rest of active value = 1,500 | 6,000 x 25% = 1,500 | --- | --- | --- |
| 2023 | --- | 6,000 x 25% = 1,500 | 1,500 | --- | [00313] |
| 2024 | --- | Rest active value = 750 | 750 | --- | [00313] |
Total tax amortization = 1,500 + 3,000 + 1,500 = 6,000
Total accounting amortization = 750 + 1,500 + 1,500 + 1,500 + 750 = 6,000
Example 2 :
The "S" entity, which in 2020 meets the requirements to be able to apply the tax incentives provided for small entities, acquires on January 1, 2020, the date on which it is made available to the entity and comes into operation, a new machine for the exercise of its activity for an amount of 500,000 euros.
The entity decides to account for the depreciation of the machine by applying the 20 percent coefficient.
The entity's workforce is as follows:
2019: 2 full-time workers all year round
2020:
- 3 full-time workers are hired on 02-1-2020
- 1 part-time worker is hired on 09-1-2020
2021: On 01-01-2021 the worker hired part-time on 09-1-2020 is not renewed
In 2020, the entity estimated that in 2021 they would not renew the worker hired in that year on a part-time basis, so the calculations in 2020 are correct and in 2021 there would be no need to regularize.
The average of the staff is:
Average staff (2020 and 2021) = [(2 x 31) + (5 x 212) + (5.5 x 122) + (5 x 365)] ÷ 730 = 3,618 ÷ 730 = 4.95
Average staff in 2019 = 2
Δ Template = 2.95 (4.95 - 2)
This increase must be maintained in 2022 and 2023.
The financial year of the entity coincides with the calendar year. The tax deductible amortization in fiscal year 2020 will be as follows:
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Maximum coefficient applicable to the machine according to the amortization tables of art. 12.1a) of the LIS: 12 percent 500,000 x 0.12 = 60,000
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Accelerated amortization practiced (art. 103 LIS): 60,000 x 2 = 120,000
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Freedom of amortization practiced (art. 102 LIS): 120,000 x 2.95 = 354,000
The accounting amortization carried out by entity "S" in fiscal year 2020 is as follows:
500,000 X 0.20 = 100,000
Therefore, the accounting and tax amortizations in the different years will be:
| Financial year | Accounting amortization | Tax amortization | Corrections | Form 200 | |
|---|---|---|---|---|---|
| + | - | ||||
| 2020 | 100,000 | 354,000 | --- | 254,000 | [00312] |
| 2021 | 100,000 | 120,000 | --- | 20,000 | [00314] |
| 2022 | 100,000 | 26,000 | 74,000 | --- | [00311] |
| 2023 | 100,000 | --- | 100,000 | --- | [00311] |
| 2024 | 100,000 | --- | 80,000 | --- | [00311] |
| --- | --- | --- | 20,000 | [00313] | |