Tax News 01/2021

We would like to inform that last December 31st the General State Budget Law 11/2020 was published, from which we extract the most relevant points: *Personal Income Tax:  – The tax rate for incomes over Euros 300,000 is increased by two points. Except for modifications in the autonomous section, the marginal tax rate is 51.5%…

EXTRAORDINARY BOJA Nº88 – New measures in Andalucía

We would like to inform you that past 10th December, the Andalusian Regional Government approved new temporary and exceptional measures to contain COVID-19 during the Christmas period. Published in the “BOJA Extraordinario” Nº88 of 11th December 2020. It consists of two periods: from 12 to 17 December and from 18 to 10 January. Please find attached…

Update: MDG informs/ New curfew certificate

Dear clients,   After publishing the Royal Decree 926/2020 in BOE and the President’s Decree 8/2020 in BOJA, it has been regulated, as you all may know, the curfew between 23.00 hours and 6.00 hours. The Junta de Andalucía has maintained this same timetable, therefore there are no modifications related to the rules published by the…

COVID 19 IMPLICATIONS ON 2020 PERSONAL INCOME TAX

COVID 19 IMPLICATIONS ON 2020 PERSONAL INCOME TAX There is no doubt that 2020 Personal Income Tax ( PIT) campaign, that will begin in April 2021, will be an unprecedented one, taking into consideration the numerous legal changes and the exceptional COVID 19 situation . Thus, it is convenient to comment some implications that the…

BREXIT: THE END OF THE TRANSITIONAL PERIOD

BREXIT: THE END OF THE TRANSITIONAL PERIOD   Next 31st December 2020 the transitional period of Brexit will end. Even though there is a lot of uncertainty regarding the possibility of having a special tax agreement between UK and the EU, at present day, there is none and consequently, UK will be considered as a…