February 2025

Form 347: The Key to Complying with your Tax Obligations and Avoiding Penalties

In February we are not free from tax obligations either. In this case, we have to file Form 347, an annual informative declaration that must be filed by businessmen and professionals who carry out transactions with third parties that, as a whole, exceed 3,005.06 euros during the fiscal year 2024. Some of the transactions that …

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The New Regulation on Electronic Timekeeping: Changes and Repercussions for Companies in 2025

In recent years, the control of working hours has been one of the most debated issues in the workplace in Spain. The new regulation on electronic timekeeping is designed to ensure compliance with regulations on working hours and overtime, an issue that has become more relevant with the 2021 labour reform. This change requires all …

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The BOE publishes the government’s new tax package, effective as of Sunday 22 December.

The Official State Gazette (BOE) has published the Government’s new fiscal package, which came into force on Sunday 22 December 2024, one day after its publication in the BOE. BOE. This reform introduces a number of significant measures to the Spanish tax system, which are detailed below. which are detailed below: We come across a …

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Normative modifications in ITP in the acquisition of a squatted property: acquisition value or reference value

It is noticeable that the Christmas holidays are approaching, with the illusion in the streets full of people, the children running down the street, the Christmas lights of our beloved Calle Larios, and from MDG Advisors, we want to join in that joy, and inform you of a recent consultation of the Directorate General of …

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