Skip to main content
Practical manual VAT 2024.

Tax Management

Business owners or professionals covered by the simplified regime will have to submit the following self-assessments:

1. Self-assessment

  • The self-assessments corresponding to the first three quarters will be submitted during the first twenty days of the months of April, July and October, in the model 303.

    In these three self-assessments, payments will be made on account of the simplified regime quota, as well as the settlement of the operations indicated in article 123, section one, letter B, of the VAT Law (intra-community acquisitions, reversal of the taxable person and transfer and acquisition of fixed assets), if the settlement of such operations has not been chosen in the last quarter.

    Direct debit of these income payments on account of the first, second and third quarters may be made from the 1st to the 15th of the months of April, July and October, respectively.

    However, when the last day of the deadline for filing self-assessments, in accordance with the provisions of its regulatory regulations, is a non-working day, the direct debit period will be extended by the same number of days as the deadline for filing said self-assessments.

  • The final self-assessment corresponding to the fourth quarter must also be submitted using form 303, during the first thirty days of the month of January of the following year. If the result is to be paid, payment can be made by direct debit from the 1st to the 25th of January.

    However, when the last day of the deadline for submitting the final self-assessment, in accordance with the provisions of its regulatory regulations, is a non-working day, the direct debit period will be extended by the same number of days as the deadline for submitting said self-assessment.

2. Annual VAT summary declaration

In addition to the self-assessments described (form 303), entrepreneurs or professionals covered by this special regime who do not meet the requirements established by Order must submit the annual VAT summary declaration, model 390 ministerial to be subject to exemption from the obligation to present the annual VAT Summary Declaration in accordance with the provisions of article 71 of the VAT Regulation.

You can consult the taxpayers exempt from filing the annual VAT summary declaration in the following section