Order HFP/1359/2023, of December 19, has been published, developing for the year 2024 the objective estimation method for the Personal Income Tax and the special simplified regime for the Value Added Tax.

In relation to the Personal Income Tax, the amount of the signs, indices or modules, as well as the application instructions, are maintained for the 2024 financial year. Likewise, a 5% reduction is established on the net performance of modules. Additionally, for agricultural and livestock activities it is established that the previous net yield may be reduced by 35% of the purchase price of agricultural diesel and 15% of the purchase price of fertilizers.

Regarding the Value Added Tax, this order maintains the modules, as well as the instructions for its application, applicable in the special simplified regime in the immediately preceding year.