New regulations for 2019

New banner "VAT virtual assistance tools"

A new one has been published banner which brings together the virtual assistance tools available on the VAT portal and in the banner from the SII along with two new support services: "Property rating system" and "Help with completing form 303 for landlords."

The Real Estate Qualifier indicates whether a purchase, sale, or lease transaction is subject to Property Transfer Tax or VAT, clarifying in the latter case the applicable rate, who must pay the corresponding tax, and whether the invoice documenting the transaction must include VAT or not.

The assistance for preparing form 303 is a service exclusively for landlords of urban premises and homes who do not carry out any other activity. After providing the data requested in the previous questionnaire, the tool indicates the boxes of model 303 to be completed and the amount.

Likewise, the "VAT Virtual Assistant" expands its content to answer questions about real estate transactions (VAT liability, exemptions, taxable person, accrual and issuance of invoice, taxable base, tax rate, deductions).