Regulation news 2019
Skip information indexMain tax measures included in Royal Decree-Law 18/2019, of December 27, which adopts certain measures in tax, cadastral and Social Security matters.
The quantitative limits that delimit the scope of application of the objective estimation method for the economic activities included in the scope of application of said method are extended for the 2020 tax period, with the exception of agricultural, livestock and forestry activities, which have their own quantitative limit by volume of income.
General excluding parameters:
- Volume of income in the immediately preceding year greater than 250,000 euros for all economic activities, except agricultural, livestock and forestry. All the operations shall be taken into account, irrespective of whether there is a duty to issue an invoice. Operations in which there is an obligation to issue an invoice when the recipient is a businessman may not exceed 125,000 euros.
- Turnover for the set of agricultural, forestry and livestock activities exceeding 250,000 euros.
- Volume of purchases of goods and services in the immediately preceding year, excluding acquisitions of fixed assets, greater than 250,000 euros.
(DT 32 LIRPF is modified)
In addition, a new waiver or revocation period is established for the year 2020 for the objective estimation method of the Personal Income Tax. This period will be one month from the day following the date of publication in the BOE of Royal Decree-Law 18/2019, that is, until January 29, 2020.
The resignations and revocations presented for the year 2020 to said regimes during the month of December 2019 will be understood to have been presented in the business period, and this option may be modified until January 29, 2020.