It is approved the IBI rebate from Madrid City Council, applicable to premises for Leisure, Hospitality, Retail, Entertainment and Cultural use. This rebate (Real Estate Tax) was already applied in the fiscal year 2020, as a further measure to help against the economic effects of Covid-19. The Official Gazette of the Community of Madrid (BOCM)…
Maternity supplement and other Social Security measures enter into force. Last February 2, RDL 3/2021 was approved, adopting these and other measures. These measures are summarized below. Maternity supplement and other Social Security measures The Court of Justice of the European Union declared discriminatory the existing maternity pension supplement in December 2019. The reason…
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,…
The 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…
A 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…
The 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…
Measures 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…
New 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…
A 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…
Measures 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…