Spain’s low-income self-employed may no longer need to add VAT to invoices
6 Articles
6 Articles
Junts has assured this Wednesday that the central government will reduce to 0% the VAT for the self-employed who invoice less than 85,000 euros per year and decide to avail themselves of that possibility. Sources of the post-convergent training point out that the Executive has committed itself to apply what both a non-law proposal and a motion by JxCat – two parliamentary initiatives without legal effect – were debated on Tuesday and voted on th…
Spain’s low-income self-employed may no longer need to add VAT to invoices
Spain’s government has signalled plans to introduce a VAT exemption for self-employed workers earning under the proposed threshold of €85,000 a year, in line with existing European Union legislation. The proposed change affects a significant proportion of autónomos, including many foreign residents running small businesses. The policy shift follows ongoing parliamentary negotiations and pressure… Source
Nogueras announces a pact with the Executive that will allow to transpose a European directive, of obligatory compliance, to exempt from the tax income less than 85,000 euros
The Congress of Deputies, with the vote of the PSOE, has approved the proposal of Junts no law to put in place the system of franchised VAT for self-employed people who invoice less than 85,000 euros per year. Read
The PSOE has supported a proposal by Junts that urges the Spanish government to apply the European directive 2020/285, which allows the self-employed with an annual turnover of less than 85,000 euros to be exempt from VAT. The measure was part of the conditions set by Junts to support the decree-law on fiscal aid linked to the Iran war, which is being voted on in the Spanish Congress. The initiative was included in a broader non-legislative prop…
In full parliamentary processing of the anti-crisis package promoted by the Government of Spain, the parliamentary group Junts per Catalunya has put on the table a political condition that has generated a strong impact: it will not lend its support to the validation of the Decree-Law already approved if a specific reduction of VAT is not incorporated, for the self-employed. The requirement marks a definitive step in the negotiation between the E…
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