What requirements do I have to meet in order to deduct VAT?
In order to be able to deduct input VAT, the following requirements must be met
Being a contractor or professional for VAT purposes
Carrying out transactions giving entitlement to the deduction.
The input tax must relate to goods or services that affect your business or professional activity.
You must be in possession of the invoice or document justifying your entitlement, which must comply with the regulatory requirements established and be in the record book of invoices received.
Once this has been done, exercise the right to the deduction in the corresponding return-settlement, provided that this does not exceed the period of four years following the time when the VAT was accrued.