New deadline to unsubscribe from REDEME

The Tax Agency has officially announced that it is opening a new period to be able to unsubscribe from REDEME.

After many comings and goings and complaints from a large part of the companies, they have finally decided to make things a little easier.

Due to the confusion generated, they have wanted to simplify and give an outlet to the companies that want it. It is what we expected them to do, but it is equally worth highlighting.

But to avoid confusion, let’s start from the beginning.

Who is obliged to use the SII

In July, the Immediate Supply of Information will come into force, which affects all companies that declare VAT monthly.

All companies included in the Monthly Refund regime are also obliged to do so, regardless of their total billing amount.

In a previous article, we already told you about the new features of applying SII. Due to this new legislation, some companies have decided to leave REDEME and avoid being part of the SII.

Unsubscribing from REDEME

Until now, the only way for a company to unsubscribe from REDEME was within the deadline offered by the Tax Agency in November. During the rest of the year, they could do nothing except wait for that date to arrive.

Until the change in the SII, it was more than enough. Still, knowing that companies that are part of REDEME might want to leave to avoid applying the SII, the Agency has decided to open a new deadline and offer this new option to companies that wish to do so.

New deadline to leave REDEME

The new deadline provided by the Tax Agency will open in June. In this way, all companies that want to leave REDEME will have to start in November.

In June, companies can leave and thus avoid continuing to be part of the SII. Companies have breathed a sigh of relief as it worried them.

It is expected to suffer changes in legislation, but in this matter, we are beginning to be confused. Luckily, this new deadline has simplified things for us and has clarified things a little more.

Advantages

Without a doubt, the most significant advantage is that companies will be able to decide what they prefer or what suits them best. There is no better way to please business owners and ourselves.

They can do so if they want to continue in REDEME and the SII. They will only have to continue without taking any action.

However, if they prefer to leave this regime to avoid the SII, they can do so without problems and without waiting until the end of the year to change the government.

We are delighted with the decision to open a new period to unsubscribe from REDEME, as it is the best solution for companies to decide what suits them best.