Regulation news 2020
Skip information indexRoyal Decree-Law 35/2020, of December 22, on urgent measures to support the tourism, hospitality and commerce sectors and tax matters.
On December 23, Royal Decree-Law 35/2020, of December 22, Royal Decree-Law 35/2020, of December 22, was published in the BOE The following tax measures are established in relation to VAT
1. Application of the 0% tax rate to medical products for in vitro diagnosis of SARS-Cov-2 and vaccines against it. From December 24, 2020 until December 31, 2022, its seventh Final Provision establishes the application of the 0% tax rate to:
a) Deliveries, imports and intra-Community acquisitions of medical devices for in vitro diagnosis of COVID 19 that comply with the requirements established in Directive 98/79/EC of the European Parliament and of the Council, of October 27, 1998, on medical devices for in vitro diagnostics or in Regulation ( EU ) 2017/746 of the European Parliament and of the Council of 5 April 2017 on medical devices for in vitro diagnostics.
b) Deliveries of COVID-19 vaccines authorized by the European Commission.
c) The provision of transport, storage and distribution services related to intra-Community deliveries, imports and acquisitions, provided for in letters a) and b) above.
These operations will be documented on the invoice as exempt operations.
The rate of the equivalence surcharge applicable, during the time period mentioned in the first paragraph, to the deliveries of the aforementioned goods will be 0%
2. Modifications related to the Simplified Regime and Agriculture, Livestock and Fishing:
1 Calculation of the amount to be paid from the payment on account corresponding to the first quarter of 2021 (article 9.5 of the Royal Decree-Law):
Taxpayers who carry out economic activities, other than agricultural, livestock and forestry activities, covered by the simplified Value Added Tax regime, will apply the established reduction percentages to calculate the payment on account corresponding to the first quarterly installment of the 2021 financial year. generally in this Royal Decree-Law according to the activity carried out (20% or 35%) to the percentages established in number 3 of the Instructions for the application of the indices and modules in VAT of Annex II of Order HAC/1155/2020, of November 25, by which the objective estimation method of personal income tax and the simplified special regime are developed for the year 2021 VAT
2 Reduction in the number of tax periods affected by the waiver of the special simplified regime and special regime for agriculture, livestock and fishing of VAT corresponding to the years 2020 and 2021 (article 10.3 of the Royal Decree -law):
Taxpayers who have renounced the objective estimation method for fiscal year 2020 may once again determine the net performance of their economic activity using the objective estimation method in fiscal year 2021 or 2022, with the regulatory requirements established. Taxpayers who renounce the objective estimation method for fiscal year 2021 may once again determine the net performance of their economic activity using the objective estimation method in fiscal year 2022, with the regulatory requirements established.
The renunciation of the objective estimation method in Personal Income Tax and the subsequent revocation will have the same effects with respect to the special simplified and agriculture, livestock and fishing regimes of VAT
3 Deadlines for renunciations and revocations of the simplified and agriculture, livestock and fishing regimes of VAT , for the year 2021 (article 12.2 of the Royal Decree-Law):
The waiver period referred to in article 33.2, second paragraph, of the VAT Regulation , Royal Decree 1624/1992, of December 29, as well as its revocation, which They must take effect for the year 2021, it will be from December 24 to January 31, 2021.
The resignations and revocations presented for the year 2021 to the simplified special regimes and agriculture, livestock and fishing during the month of December 2020, prior to December 24, will be understood to be presented in the business period, and the option made may be modified. within the period mentioned in the previous paragraph.
3. Postponement of payment of form 303 for the first quarter of 2021:
Article 8 allows the payment of form 303 for the first quarter of 2021 to be deferred for up to six months, without accrual of interest during the first three months.
It will be a necessary requirement for the granting of the deferral that the debtor be a person or entity with a volume of operations not exceeding 6,010,121.04 euros in the year 2020 and the deferred debt does not exceed 30,000 euros. For the purposes of determining said amount, at the time of the request both the debts referred to in the request itself and any other of the same debtor for which the postponement or installment has been requested and not resolved, as well as the amount of the payments pending payment of deferred or fractional debts, unless they are duly guaranteed.
For more information:
Real Decreto-ley 7/2020, de 12 de marzo,por el que se adoptan medidas urgentes para responder al impacto económico del COVID-19.