The Sales, Employment and Salaries reports exploit the economic information contained in the VAT and Withholdings for income from work and professional activities declaration models. These declarations include information on sales (domestic and exports), imports, employment and salaries, in addition to the settlement variables of the respective taxes. It is this economic information, once it has been duly processed from a statistical point of view, that constitutes the source of the data that appears in the reports and provides a signal of the economic situation.
There are two Sales, Employment and Wages reports: the monthly for Large Companies and the quarterly for Large Companies and SMEs. The first uses the information from the monthly VAT declaration models and Withholdings on labor income of Large Companies. These companies have been required to submit their returns electronically since 1999. The quarterly report exploits previous monthly statements and also the statements of SMEs in the form of a public limited company or limited liability company. The latter are required to submit their returns quarterly, although in the case of VAT they must do so monthly if they are registered in the Monthly Refund Registry or, in general, if they wish to do so voluntarily. Since the third quarter of 2008, they must submit their returns electronically.
Large Companies in tax terms are natural or legal persons whose volume of operations exceeded 6.01 million euros in the previous year. The determination of the volume of operations is made in accordance with article 121 of Law 37/1992 on VAT.
For the purposes of this publication, corporate SMEs are considered all those companies in the form of a public limited company or limited liability company that are not Large Companies. From the above it is deduced that there may be other SMEs that are not included in the group analyzed in this statistic (for example, cooperatives, temporary business unions or economic interest groups). The reason for only including corporate SMEs is that they are the only ones that have the obligation to submit their returns electronically (Order EHA/3435/2007, of November 23) and, therefore, they form a homogeneous group throughout the year. time.
The geographical scope is the so-called Common Fiscal Regime Territory; That is, companies that operate exclusively in the territories managed by the estates of the Basque Country and Navarra are excluded and, in the case of the variables obtained from the VAT declaration models, the companies that do so in the territories that are left out. of the scope of application of said tax (Canary Islands, Ceuta and Melilla).
Taxpayers submit a single declaration (monthly or quarterly) for all their activity within the territory subject to the tax, without distinguishing where the sales have been made or the salaries subject to withholding have been paid. Taxpayers usually file their declaration in the place where they have their tax domicile. For all these reasons, the territorial information that could be published would be accumulated in those territories in which there is a greater concentration of tax domiciles.
Monthly VAT returns have a submission deadline until the 30th of the month following the accrual month, except for January accruals, which have until the last day of February. In the rest of the cases (quarterly VAT and model of Withholdings on monthly and quarterly work income), the period ends on the 20th of the month following the accrual period.
The companies that meet the turnover requirement in the previous year form the Census of Large Companies which, by definition, varies each year, but remains fixed throughout it. This means that the variations in the variables observed throughout a year are due, on the one hand, to changes in the variable and, on the other, to the update at the beginning of the year of the Census of Large Companies. To avoid the problem that this variation of the Census implies, in the calculations of the monthly report only those companies that have submitted declarations in two consecutive months are taken into account, which is called constant population . By incorporating corporate SMEs into the analysis, it is possible to treat the entire group (Large Companies and SMEs) as a complete population and, therefore, analysis of a constant population is not essential.
On the AEAT website, in the section dedicated to tax statistics, you can find information related to the annual sales volume of the group of Large Companies and SMEs (Economic and tax results in VAT) , as well as the wage bill paid by them (Labor market and pensions in tax sources) . It must be noted, however, that comparisons must be made taking into account the different population areas, the unequal sectoral coverage and the different definitions of the variables of each of the sources. In the specific case of this publication, and as explained in the methodology, the data refers only to Large Companies and SMEs with the form of a public limited company or limited liability company; activities related to energy, financial and insurance institutions, public administrations, education and health are excluded; and the definitions of the variables are subject to the requirements of the monthly and quarterly models of VAT and Withholdings for income from work and professional activities.