FAQs

They may reduce by 25% the net income for 2024 corresponding to the activity in the affected area. This reduction is additional to the general 5% reduction established for 2024 and will be applied in the 2024 personal income tax return to be filed in 2025.

However, to anticipate the positive effect of this reduction, the net income applicable to calculate the fractional payment for the last quarter of 2024 will be reduced by the proportional part corresponding to the economic activities carried out in the municipalities affected by the DANA, such that, if all the activities have been carried out in affected municipalities, the reduction in the payment for the last quarter of 2024 would be 100%.

Yes, taxpayers under the simplified VAT regime who carry out their activity in the affected municipalities will be able to reduce by 25% the amount of the fees accrued for current operations corresponding to these activities in 2024. This reduction will be taken into account when calculating the annual fee for the simplified regime for 2024. This reduction will be applied in the fourth quarter VAT return for 2024, to be submitted in January 2025.

Yes, these taxpayers are allowed to exceptionally waive applying the module regime with a view to the IRPF 2024 declaration, in which case they will be taxed under the simplified direct estimate regime, without it being necessary to comply with the specific formal obligations provided for the simplified regime.

To apply the waiver it is recommended to do so tacitly in the declaration corresponding to the fractional payment of the fourth quarter of 2024, to be submitted in January 2025, already using the direct estimation method (model 130).

Taxpayers who renounce the modular regime for IRPF 2024, will continue to maintain taxation in VAT under the simplified regime for the fourth quarter of 2024.

This eventual waiver of modules for 2024 will not prevent the taxpayer from applying the module system again in 2025 or 2026, at their choice, through two methods: submission of form 036/037 or submission of the first installment payment of the year using the objective estimation method.

The waiver of the objective estimation method in the IRPF and the subsequent revocation , will have the same effects with respect to the special regimes established in the Value Added Tax or in the Canary Islands General Indirect Tax from January 1, 2025 .

Yes, for agricultural farms and activities in which damage has occurred as a direct consequence of the DANA. The reduction in net return indices is pending publication by ministerial order. It will be applied in the 2024 Income Tax Return to be filed in 2025.