Business Consultancy - Page 12 of 16

July 16, 2021

Limitations on cash payments

Law 11/2021 on measures to prevent and fight tax fraud published in the BOE on July 10, modifies article 7 of Law 7/2012 that regulates the limitations on cash payments for certain operations.

July 1, 2021

1st of July comes into force on Royal Decree-Law 7/2021, transposing EU directives on competition, prevention of money laundering, credit institutions, telecommunications, tax measures which, among other changes, introduced important changes in VAT, especially in the treatment of distance sales of goods and services.

June 22, 2021

Special summer service: labor management also on weekends and holidays

Special summer service: labor management also on weekends and holidaysIn order to guarantee the maximum attention to our clients and to continue offering a quality service, CINC Asesoría extends the activity of the Labor Department to weekends and holidays.

May 28, 2021

Covid-19: How are financial aid and benefits taxed?

Many SMEs and freelancers have received aid and benefits to be able to face the economic consequences derived from covid-19. How should they pay for these aid in their personal income tax?

April 14, 2021

One-Stop Shop: new VAT regime for e-commerce to come into effect from July

From 1 July, any EU business that invoices more than €10,000 in e-commerce sales to consumers in other member states will have to invoice at the VAT rate corresponding to that state under the destination taxation system. Thus, the tax will be levied in the Member State where the final consumer who purchases the goods or receives the service is resident.

April 12, 2021

Cyber protection insurance for SMEs: protect your business continuity against any cyber attack

Any company can be a victim of cyber risks: only in Spain there are 400 cyber-attacks on companies every day. Moreover, SMEs are an easy victim for attackers: did you know that 7 out of 10 cyber-attacks affect SMEs, and that 60% of those that are attacked end up disappearing within 6 months?

April 7, 2021

Income 2020: all the keys to present it

From 7 April to 30 June 2021, all taxpayers can file their income tax return for the 2020 tax year. Those persons who have obtained income in excess of the limits set out below in 2020 will be required to do it.

March 10, 2021

The new audit regulation provides for fines for companies that fail to submit annual accounts.

This year, companies that have to submit their annual accounts should pay attention to the new regulations of the Accounts Auditing Law (RD 2/2021, of 12 January). The new regulation, in force since 1 February, establishes a series of measures to strengthen and speed up the sanctioning procedure against companies that fail to file their annual accounts.

February 25, 2021

Get your digital certificate from CINC without having to go anywhere.

Sometimes, within an organisation, there are processes in which electronic signatures with digital certificates can be implemented. This means that certificates must be issued to all or a large number of people and, in this sense, our service as a Registration Authority allows us to issue or revoke the certificates required from our offices.

February 24, 2021

In which cases can a self-employed person benefit from the reduced personal income tax rate of 7%?

In general, any self-employed person must apply 15% personal income tax on invoices issued, but those who have registered for the first time have the possibility of benefiting from a 7% reduction, provided that certain conditions are met.