The obligation for companies to keep a salary register comes into force on 14th April   The obligation for companies with over 100 employees to implement a gender equality plan and conduct a pay audit came into force this month (March 2021).     March 2019 saw the publication of Royal Decree-law 6/2019, setting out the obligation…

  The Spanish General Budget Act for 2021 has introduced several tax changes that aim to increase tax revenues. The national regulation was passed at the last minute, having been published on 30 December 2020 to be applied with immediate effect from 1 January 2021. Some of the main tax measures are:   Personal Income…

The key points of the new law on remote work in Spain   Spain’s Council of Ministers has given the green light to the first regulations on teleworking in Spain. In this article we sum up the main points of Royal Decree-law 28/2020, of 22 September, on remote working. First of all, the distinction should be…

  RDL 19/2020: main commercial and tax changes   At Bové Montero y Asociados we summarise and analyse the main tax and commercial changes adopted in Royal Decree-law 19/2020, of 26 May 2020. These include changes to: Deadlines for preparing and approving annual accounts Filing annual accounts with the Commercial Register Deferring tax liabilities Filing…

We highlight some of the latest tax measures introduced by the government, with effect from 23 April 2020:   1. Reduced 0% VAT rate for specific medical equipment. Zero-rate VAT will be applied to supplies of goods, imports, and intra-EU acquisitions of goods when the recipients are hospitals, clinics, public bodies, or private centres that…

  From 23 April 2020, electronic books, newspapers, and magazines will be taxed at 4% VAT.   Until now, the Spanish Tax Agency had repeatedly responded to queries by applying a higher VAT rate compared to goods supplied in printed format, only allowing the 4% VAT rate for books that had been transferred to reading…

International Tax – COVID-19: OECD Recommendations   The OECD has recently issued recommendations on the implications of the COVID-19 crisis on cross-border workers, permanent establishments and the place of effective management of companies. Although these recommendations should be interpreted as soft law (i.e. not legally binding), they can be used as guidance until the Tax…

  Finacining in times of COVID-19 From Monday 6 April 2020, businesses can access the new financing facility guaranteed by the ICO (Instituto de Crédito Oficial). This measure activates the first 20-billion-euro tranche of the 100-billion-euro “Guarantee Line”, which the government has approved to deal with the lack of liquidity caused by COVID-19.   How…

  Royal Decree-law 112020_COVID19_ENG Royal Decree-law 11/2020, of 1 April 2020, sets out a new series of social measures aimed at supporting workers, consumers, families and vulnerable groups, as well as steps to support businesses and the self-employed. We highlight and summarise the following implications for labour law: – Moratorium on Social Security contributions –…

  March 18 saw the publication in the Official State Gazette of Royal Decree-law 8/2020, of March 17, on urgent measures to tackle the economic and social effects of COVID-19, which is effective from the date of publication. We summarise the most relevant Tax measures of this Royal Decree-Law. Granting of powers for Customs clearance: The…

Page 1 of 31 2 3