Skip to main content

New regulations for 2024

Skip information index

Main tax changes introduced by Royal Decree 117/2024, which modifies the Value Added Tax Regulations, approved by Royal Decree 1624/1992, of December 29, to introduce the corrective self-assessment

VALUE ADDED TAX

The third Final Provision of Royal Decree 117/2024, of January 30 , incorporates into the Value Added Tax Regulations a new article 74 bis that introduces the corrective self-assessment as the general way to rectify, complete or modify the previously submitted self-assessment. This article will enter into force when the ministerial order approved by the head of the Ministry of Finance approving the corresponding declaration models does so, as established in Final Provision 11.d) of the aforementioned Royal Decree.

Notwithstanding the foregoing, the traditional procedure for requesting rectification of self-assessments may be used when the reason for the rectification alleged is the potential violation by the rule applied in the previous self-assessment of the provisions of another higher-ranking rule.

As an exception, a rectifying self-assessment may not be submitted when the reason is the impact of VAT quotas for an amount greater than that due, which also entail a rectification of the invoice.

Real Decreto 117/2024, de 30 de enero,

por el que se desarrollan las normas y los procedimientos de diligencia debida en el ámbito del intercambio automático obligatorio de información comunicada por los operadores de plataformas, y se modifican el Reglamento General de las actuaciones y los procedimientos de gestión e inspección tributaria y de desarrollo de las normas comunes de los procedimientos de aplicación de los tributos, aprobado por el Real Decreto 1065/2007, de 27 de julio, en transposición de la Directiva (UE) 2021/514 del Consejo de 22 de marzo de 2021 por la que se modifica la Directiva 2011/16/UE relativa a la cooperación administrativa en el ámbito de la fiscalidad, y otras normas tributarias.