02 MAR 2023
The Ministry of Finance and Public Function will raise the limit exempt from the obligation to provide a guarantee in applications for deferment or payment in instalments of tax debts from 30,000 to 50,000 euros. In this way, it will be possible to delay or split the payment of debts of up to 50,000 euros without having to give any explanation and without having to provide guarantees or sureties to the Treasury.
This change of criterion is set out in a ministerial order from the Treasury which is currently being made public and which will come into force on 15 April without retroactive effect, meaning that it will only apply to deferrals submitted after that date.
This order aims to maintain the ultimate purpose of the planned exemption, providing facilities for compliance with their obligations in the event of possible temporary economic and financial difficulties and streamlining the procedure for managing these requests by promoting their automated management.
All of this taking into account the current economic context derived from both the Russian invasion of Ukraine and the supply shock that the European economy has been suffering as a result of the rise in energy prices, which have favoured a price increase that is generating "enormous difficulties" in domestic economies and economic sectors, without forgetting that the effects of the pandemic crisis caused by Covid-19 are still lingering.
In this context, the Ministry of Finance believes that the current limit of 30,000 euros "denotes a certain obsolescence", and therefore considers it necessary to update this amount, raising the limit of exemption from the obligation to provide guarantees to 50,000 euros.
If you have any queries, please do not hesitate to contact our tax consultancy department.
Or call any of our centres:
933 030 060 (Barcelona)
972 505 100 (Figueres)
972 940 940 (Girona)



Tax developments and highlights in 2023: Wealth tax liability for Non-residents

The State and Autonomous Community Tax Agency is stepping up its review and detection of non-residents holding property and assets in Spanish territory to ensure that they correctly file the Non-Resident Wealth Tax.
The most important aspects of this tax are set out below, with special mention of the new features introduced for 2022.

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