New regulations for 2022

Law 22/2021, of December 28, on the General State Budget for the year 2022

de Presupuestos Generales del Estado para el año 2022.(BOE, 29-diciembre-2021)

On December 29, 2021, the General State Budget Law for 2022 was published in the BOE which, in its article 64, with effect from January 1, 2022, modifies the thirteenth transitional provision of Law 37/1992, of December 28, on VAT.

Limits for the application of the simplified regime and the special regime for agriculture, livestock and fishing in the 2022 financial year.

With this modification, the increase to 250,000 euros of the magnitude of 150,000 euros established in the thirteenth transitional provision of the LIVA is extended to 2022, for the purposes of certain exclusion limits of the Simplified Regime and the Agriculture, Livestock and Fishing Regime.

In relation to the Simplified Regime, the exclusion limit of 250,000 euros of income volume in the immediately preceding year is established for 2022 for all business or professional activities, except agricultural, forestry and livestock activities, carried out by the taxable person. Likewise, the exclusion limit of 250,000 euros is established for the acquisitions and imports of goods and services for all business or professional activities, excluding those related to fixed assets, carried out in the immediately preceding year by the taxable person.

In relation to the Agriculture, Livestock and Fishing Regime, the exclusion limit of 250,000 euros is established for 2022 for the acquisitions and imports of goods and services for all business or professional activities, excluding those related to fixed assets. made in the immediately preceding year by the taxable person. business or professional activities, excluding those related to fixed assets, carried out in the immediately preceding year by the taxable person.