Tax Form 720 or the obligation to declare certain assets or rights located abroad. The Spanish Royal Decree 1558/2012, dated 15th November 2012, introduces the obligation to declare: bank accounts securities and life insurance contracts/rights as well as real estate located abroad and owned by Spanish residents. It is imposed without discrimination on all Spanish taxpayers,…
DetailsThe ICO 2021 Credit Line for Self-Employed and Companies can be reapplied for as every year. There are different financing lines that the Official Credit Institute launches. As we have already mentioned, the ICO lines are extended until June 30th, 2021. Below, we explain the different possibilities. ICO 2021 Credit Lines for the Self-Employed…
DetailsA tax incentive on the reduction of the rent of commercial premises is approved. The idea is that since this rebate is only compulsory for large tenants, to encourage it on the part of the landlords. Referring to the rents of commercial premises and with effect from January 1, 2021. Tax incentive on the…
DetailsThe holding of meetings of the board of directors in legal entities under private law in times of pandemic. As we have already published, a series of measures were taken affecting such meetings. Now a series of amendments to these measures are published. Meetings of board of directors of legal entities under private law…
DetailsMeasures on housing leases were approved last January 27th in RDL 2/2021. The deadlines for the application of the extraordinary measures on housing leases introduced by RDL 11/2020 and extended by RDL 30/2020, which are summarized below. Measures on housing leases Extraordinary extension of habitual residence lease contracts. They may be compulsorily extended…
DetailsNew aids for the Self-Employed derived from RDL 2/2021. This RDL establishes measures to support self-employed workers in the field of Social Security. New aids for the Self-Employed Maintenance of Contribution Rates As from February 1st, 2021, the increase foreseen in RDL 28/2018 will not be applicable. And as long as the increase…
DetailsA new extension of the ERTEs is agreed, following the Government’s agreement with the social agents. On this occasion, the ERTES ( Temporary Employment Regulation Files) are extended until May 31st. This is the third extension that has been reached between the parties and which maintains the flexibility of the current ERTE model, giving rise…
DetailsMeasures on rental of commercial properties were published at the end of last year. Specifically in RDL 35/2020. These measures are framed within those to curb the economic effects of Covid-19. Measures on rental of commercial properties These are measures on rents for uses other than housing. Being applicable, therefore, to rentals of premises…
DetailsThe labour measures of the General State Budget 2021, contain a series of legislative novelties in this labor and Social Security matter. Among them, it is worth mentioning the ones that our experts summarize below. Labour measures of the General State Budget 2021 Public pensions Pensions paid by the Social Security system, as…
DetailsThe pension revaluation for 2021 is determined in the General State Budget approved for 2021. They establish an increase of 0.9% for contributory pensions and 1.8% for non-contributory pensions. The aforementioned increase also includes the recipients of the Minimum Vital Income, which is updated by 1.8%, the same percentage as non-contributory pensions. Therefore, for the…
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