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New regulations for 2024

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Main new features Order HAC/1347/2024, of November 28, by which the objective estimation method of personal income tax and the simplified special regime of value added tax are developed for the year 2025 (BOE of November 30, 2024)

PERSONAL INCOME TAX

For fiscal year 2025:

  • The amount of the signs, indexes or modules, as well as the application instructions, are maintained, with of the change that occurs in the taxation of the activity of "production of mussels in rafts ", which goes from Annex II to Annex I (agricultural, livestock and forestry activities).
  • The net performance indices applicable to certain agricultural activities are maintained in place of those established in Annex I of the order ( Second Additional Provision ):
    • Table grapes. 0.32
    • Flowers and ornamental plants. 0.32
    • 0.26
  • As in previous years, the first Additional Provision establishes a 5 percent reduction on the net income of modules applicable to all taxpayers who determine the net income of their economic activity in accordance with the objective estimation method. This reduction will be taken into account when quantifying the net return for the purposes of the split payments.
  • New : In the calculation of the exclusive magnitude based on the volume of income for the set of agricultural, forestry and livestock activities the compensation of the special regime for agriculture, livestock and fishing of the Value Added Tax is eliminated ( article 3 ).
  • Taxpayers who wish to waive or revoke their waiver for the year 2025 will be able to exercise said option during the month of December of the year 2024. It will also be understood to have been made when the declaration corresponding to the fractional payment of the first quarter of the year 2025 is submitted within the regulatory period (April 1 to 21, 2025) ( article 5 ).

 Incorporation of the reduction by DANA for 2024:

The Fifth Additional Provision of the Order incorporates the additional reduction of the net income and the last fractional payment regulated in article 11 of Royal Decree-Law 7/2024, of November 11 for economic activities carried out in the municipal terms affected by the DANA referred to in the annex of Royal Decree-Law 6/2024, of November 5, which adopts urgent response measures to the damages caused by the DANA in different municipalities between October 28 and November 4, 2024:

  • The 25 percent reduction of the net yield of 2024 modules obtained by taxpayers who carry out activities according to the objective estimation method in the municipalities affected by the DANA.
  • For the determination of the fractional payment corresponding to the last quarter of 2024 the net income will be reduced in the proportional part that corresponds to the activities carried out in the municipalities affected by the DANA.
Orden HAC/1347/2024, de 28 de noviembre,

por la que se desarrollan para el año 2025 el método de estimación objetiva del impuesto sobre la renta de las personas físicas y el régimen especial simplificado del impuesto sobre el valor añadido.