Tax settlement and payment

Settlement period and deadlines for filing Form 560

The settlement period is quarterly. However:

1. It is monthly if your settlement period in VAT is monthly, taking into account your volume of operations or other circumstances provided for in the VAT regulations.
   The self-assessment must be submitted within twenty calendar days following the settlement period.

   Direct debit of Form 560 for quarterly settlement periods may be made from the 1st to the 15th of the months of April, July, October and January of the following year, depending on whether it corresponds to the first, second, third or fourth quarter respectively.

   Direct debit of Form 560 for monthly settlement periods may be made from the 1st to the 15th of the month following the month to be settled.

2. It is annual:
   • for consumers who have unduly benefited from supplies with the application of some non-taxable, exemption or reduction assumption, due to not having communicated to the supplier the exact details of the regularisation. (taxpayers in accordance with article 96.3 of the Law).
   • for electricity producers who exclusively carry out consumption exempt from sections 5 and 7 of article 94 of the Law.

The annual self-assessment must be submitted during the first twenty calendar days of the month of April following the corresponding fiscal year.

Direct debit of Form 560 for annual settlement periods may be made from the 1st to the 15th of April following the year of self-assessment.