Extension on certain tax returns deadlines

Tax measures approved by the government in royal decree law 14/2020, of april 14, which extends the deadline for the submission and payment of certain tax returns

Due to the numerous requests urged on the Government by different associations of tax advisers, business organizations and even from the Tax Agency itself, finally, the Government approved yesterday, April 14, a Royal Decree Law that extends the term to submit and pay the tax returns whose expiration was due from April 1^st to April 20^th to May 20^th, that is, a deferral of 1 month.

However, this extension does not affect everyone, only self-employed and SMEs (micro-businesses) with a 2019 turnover below 600,000 euros will be entitled to postpone the submission of these returns.

Given the fact that this extension has been approved during the voluntary period of submission of the quarterly tax returns, those taxpayers who have already fulfilled their quarterly obligation to domicile the payment (the term to domicile tax payments expires a few days before the statutory deadline), will not receive the charge in their bank accounts until May 20^th, and those who would like to domicile the payment will be able to do it by filing the returns before May 15^th, 2020.

If the taxpayers are Public Administrations, including Social Security, it will be a necessary requirement that their last approved annual budget does not exceed the amount of 600,000 euros.

Notwithstanding even if the turnover of 2019 had not exceeded 600,000 euros, this extension measure will not be applicable to tax groups that apply the special tax consolidation regime in Corporation Tax, nor to groups of entities that are taxed under the special regime of groups of VAT.

Finally, it is specified that this extension is not applicable in relation to the submission of declarations regulated by Regulation (EU) No. 952/2013 of the European Parliament and of the Council, of October 9, 2013, which approves the Customs code of the Union and / or by its implementing regulations.

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