Tax obligations in April

We summarise the tax obligations corresponding to April. This month coincides with the presentation of declarations for the 1st quarter of 2022 and payment on account of the Corporation Tax, the start of the Income Tax and Wealth Tax Campaign, and the electronic legalisation of accounting books.

The settlements corresponding to the periods of March 2022 (G.E.) and 1Q/1P 2022 are:

Income, VAT, companies and electricity and housing for tourism purposes

* Rental Forms: 111, 115, 123, 130 and 131.

* Non-Resident Forms: 210 and 216.

* VAT Forms: 303, 322, 340 (Canary Islands), 349, 353, 309, 368, 380 and 308

* Company Form: 202 (General Regime) and 222 (Tax Consolidation Regime)

* Special Tax on Electricity: 560

* Quarterly Informative Declaration of the transfer of use of housing for tourist purposes: 179

Term

VAT declarations (SII System) and Assignment of houses for Tourist use: (Forms 303/322/353/179) until April 30 to present the declaration corresponding to March 2022

Rest of declarations: until Wednesday, April 20 or until Friday, April 15, if the settlement is positive and you want to domicile.

Remember the following peculiarities of some of the forms:

* Forms 303 and 115: If the company is registered in said obligations, it must always present these liquidations regardless of the fact that no operations have been carried out in the corresponding period.

* Forms 123 and 216: They will be presented only in those cases in which the yields to be declared in said declarations are received.

* Form 111: will be presented whenever a company has a worker (performance of work). Still, if you do not have it, you will present it only if you have withholdings for income from economic activities (professionals).

* Form 349: Remember to review the periodicity of this statement. It will be quarterly when the total amount of intra-community deliveries of goods and services has exceeded the threshold of 50,000 euros neither in the current quarter nor in each of the four previous calendar quarters. If it exceeds it, the periodicity will be monthly.

Payment on account of corporation tax

* MODALITY OF ARTICLE 40.2 LIS: the basis of the instalment payment will be the total amount of the last tax period reduced in deductions and bonuses and withholdings and deposits on the account. The amount to be deposited: 18% on the amount calculated as the basis of the instalment payment. For practical purposes, it will be box 599 (fee to pay or return) of I.S. 2020, which will determine the payment calculation on the account. IMPORTANT: If you go through this modality, it is necessary to check that the amount in the Excel document is correct (in principle, it has to coincide with the amount of the 3P-2021).

* MODALITY ARTICLE 40.3 LIS: the basis of the instalment payment will be the taxable base relative to the first three months of 2022 (period 1P). This system is optional, except for those companies whose turnover in the twelve months before the start date of the tax period exceeds 6,000,000 euros, for whom this modality will be mandatory. IF ANY COMPANY HAS ACQUIRED DURING 2022 THE STATUS OF A LARGE COMPANY, IT SHOULD MANDATORY GO FOR SUCH MODALITY.

The need to review the INCN corresponding to the 12 months before the tax period is recalled since the type of tax to be applied in this 1P will depend on this figure and could differ from the one that was applied in 2020.

Term

Until Tuesday, Wednesday, April 20 or until Friday, April 15, if the settlement is positive and you want to domicile.

Income Statement and Wealth Tax 2021

The RENT and HERITAGE campaign has just started, ending on June 30.

The presentation can be made through direct debit deposit until June 25 and must be submitted by requesting the NRC code in the following days until June 30.

The legalisation of accounting books 2021

On April 30, the period of 4 months after the end of the financial year ends the date on which the mandatory accounting books (journal, inventory and annual accounts) must be legalised electronically.