News published in INFORMA 2022

The general reduction for 2023 on the net yield of modules is increased from 5% to 10% for all taxpayers who determine the net yield of their activity in accordance with the objective assessment method (giving the rank of Law in the Law of PGE to D.A.). 1st Modules Order for 2023 which already regulated this tax benefit).

The applicable regulation on this method of determining performance by 2023.

In the 2022 and 2023 tax periods, the deduction provided for in number 1.º of section 4 of article 68 of this Law will be applicable to taxpayers with habitual and effective residence on the island of La Palma, and for these purposes, references made to Ceuta and Melilla in said article and in its regulatory development are to the island of La Palma (D.A.). 53rd Law of IRPF added by art. 67 for 2023).

From 1 January 2023, the taxation of aid from the CAP in proportion to the income from crops or holdings will be conditional on obtaining a minimum income from the activity other than the direct aid itself.

From 1 January 2023 the worker's contribution can be higher than the employer's contribution if this is equal to or less than 1,500 euros, in the terms established in article 52.1 of the law of IRPF (modif.by art. 62 for 2023).

As from 1 January 2023, the withholding percentage on of income from work derived from the production of literary, artistic or scientific works will be 7 per cent when the volume of such full income corresponding to the immediately preceding financial year is less than 15,000 euros and represents more than 75 per cent of the sum of the full income from economic activities and from work obtained by the taxpayer in that financial year.

From 1 January 2023 will in any case be obliged to declare all those individuals who at any time during the tax period have been registered , as self-employed workers, in the Special Scheme for Self-Employed or Self-Employed Workers, or in the Special Social Security Scheme for Seafarers.

The amount of the deduction for maternity will be 100 euros per month for each child, however, when the deduction is granted for having registered with the Social Security or mutual society after the birth, in the month in which the contribution period of 30 days is reached the amount for that month will be increased by 150 euros.

Article 5 of Order HFP/1172/2022, of 29 November, which develops the modules for 2023, regulates them, and DT 6th of the Law of PGE for 2023 extends the deadlines for waiving and expressly revoking the objective assessment system until 31 January 2023.

The deduction for maternity is extended to mothers of children under 3 years of age who are unemployed or registered with the Social Security at the time of the birth and for those who are registered at a later date for 30 days.

Order HFP/1172/2022, of 29 November, which develops for the year 2023 the objective assessment method of IRPF, as a consequence of the volcanic eruptions that occurred in 2021 on the island of La Palma, establishes a reduction for economic activities that determine their income by the objective assessment method carried out on that island, of 20%.

As from 1 January 2023, where the recipient of direct aid has received income from agricultural and livestock activities, other than direct aid, of less than 25 percent of the total amount of income from such activities, the net rate of return to be applied to the direct aid shall be 0.56.

From 1 January 2023, the deduction for investment in start-ups will be increased from 30% to 50% and the deduction base from 60,000 to 100,000 euros.68.1 LIRPF mod.by DF 3ª Ley 28/2022 de fomento del ecosistema de las empresas emergentes (BOE 22-12).

The increase will be 1,000 euros per year, with the limit of of the total annual amount of the actual unsubsidised expenditure paid in the period to the nursery or educational centre.

The deduction percentage for all deductible provisions and expenses that are difficult to justify for taxpayers who determine their net income using the simplified direct assessment method will be 7% for the 2023 tax year.

Due to the drought and the increase in feed and electricity prices, the reductions for 2022 and 2023 that were established for 2021 for agricultural and livestock activities in the corrective indexes for feed purchased from third parties and for crops grown on irrigated land are maintained for 2022 and 2023.