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News and articles
What happens if an unpaid debt is collected? VAT and corporation tax
When a company has an unpaid debt, it often recovers the VAT charged and records a tax-deductible impairment in corporation tax.
The Supreme Court extends the maternity deduction for childcare expenses to nurseries
In a ruling on 8 January, which unifies criteria, the Supreme Court has decided to extend the deduction for maternity in the Personal Income Tax (IRPF) to the costs of childcare.
What is the deadline for the return of the deposit in the rental of a property?
The Law on Urban Leases (LAU) does not establish a specific deadline for returning the deposit at the end of a lease and only states that, after one month from the delivery of the keys, if the corresponding amount is not returned, interest will start to be applied.
The second chance mechanism: another future without debt is possible
Yes, debts are not for life; debts can be canceled, and a fresh start can be made.
The second chance has been in force since 2013 for individual entrepreneurs and since 2015 for any non-entrepreneurial individual. It may not be, from a technical point of view, and in my opinion, the best possible second chance law, but it is a law that allows for the exoneration of debts, and that is what is important. The law must be useful and functional, and for this reason, it must be utilized so that thousands of over-indebted, insolvent individuals can achieve the exoneration of their debts and start again as active members of society.
Environmental declarations for 2025: key obligations and deadlines for businesses
The deadline for submitting the main environmental declarations relating to activities in 2025 is 31 March. These are a set of administrative obligations that apply to industrial companies, waste management operators and other activities with an environmental impact.
Corporate delinquency in Spain: key data and trends
During 2025, corporate delinquency in Spain remained at similar levels to the previous year. According to the study on credit risk management in Spain carried out by Crédito y Caución and Iberinform, between 22% and 26% of companies have recorded significant defaults.
IAE: who is exempt and what needs to be reviewed each year to avoid overpaying
Many companies and self-employed individuals pay the Economic Activities Tax (IAE) each year without checking whether they still meet the exemption requirements or whether the factors determining the tax liability have changed.
The digital euro: benefits and risks for citizens
Legislative news
Entry into force of Organic Law 1/2025 on efficiency measures for the Public Ministry of Justice.
Organic Law 1/2025, published on 3 January 2025, introduces reforms to improve the efficiency of the public justice system. The main changes include the creation of the Courts of Instance, which replace the unipersonal courts with a collegiate structure, and the mandatory use of appropriate means of dispute resolution (ADR), such as mediation, prior to the initiation of judicial proceedings in civil and commercial matters. These measures aim to streamline the resolution of disputes and reduce the burden on the courts.