Personal Loan or Credit Card? This Is the Cheapest Way to Finance Christmas Expenses

20minutos

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Spanish consumers will spend an average of 969 euros on the golden quarter, period from November to January and that coincides with the Black Friday, the Christmas campaign and the January sales, according to the data from the report 'Consumption in the golden quarter 2025', prepared by KPMG and Appinio.This amount may seem small for many citizens, but, instead, for others it may mean a hole in their personal finances at this time. For that reas…

Autónomos y Emprendedores

Factuality

Ownership

Christmas baskets: deductibles in IRPF and Societies, but never in IVA Meals and corporate dinners: a deductible expense, but with nuances Tenth lottery: an exception within the regulations Greeting cards and small gifts: deductible according to the promotional character Gift cards: deductible, but with tax implications The prerequisites for Hacienda to admit the deduction December is around the corner and the self-employed will face one more ye…