Fiscal subject related
Temporary increase in VAT:
- From October 1 to December 31, 2024:
- VAT rises to 7.5% for seed oils and pasta.
- VAT rises to 2% for the basic foodstuffs mentioned.
Also, from 1 January 2025, olive oil will permanently be subject to the super-reduced 4% VAT rate, classifying it as a basic food.
Other news from Spain
A proposal for VAT in the digital age (ViDA) has been approved.
The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more
Advantages of using VeriFactu instead of the non-VeriFactu mode in the new fiscalization system in Spain
The VeriFactu system in Spain’s new fiscalization framework simplifies invoicing by removing the need for businesses to store and manage billing records long-term, reducing administrative burdens and costs. Read more
Publication of the Ministerial order that defines technical specifications for the VeriFactu systems: what does that mean for taxpayers, manufacturers of the computer/billing systems, and wha
The recently published Ministerial Order for Spain’s Veri*factu Anti-Fraud Law mandates that invoicing software complies with new technical standards, including QR code verification, uniform billing formats, and options for real-time data submission. Read more
New document was uploaded: Ministerial order that develops technical specification for Verifactu systems and related topics (ES)
The Spanish Ministry of Finance has issued Order HAC/1177/2024, which defines technical and functional requirements for "VERI*FACTU" invoicing systems. Starting from July 29, 2025, these systems must comply with specific security, traceability, and data integrity standards to streamline compliance with the updated fiscal regulations. Read more
New document was uploaded: Ministerial order that develops technical specification for Verifactu systems and related topics (EN)
The Spanish Ministry of Finance has issued Order HAC/1177/2024, which defines technical and functional requirements for "VERI*FACTU" invoicing systems. Starting from July 29, 2025, these systems must comply with specific security, traceability, and data integrity standards to streamline compliance with the updated fiscal regulations. Read more
Attention: VeriFactu regulations that develop the technical, functional, and content specifications are officially published!
The BOE has published Order HAC/1177/2024, setting the official technical and functional specifications for billing systems under VeriFactu, with a compliance deadline for manufacturers by July 29, 2025. Today, October 28, 2024, the BOE published Order HAC/1177/2024, dated October 17, which outlines the technical, functional, and content specifications for computer and electronic systems supportin... Read more