The novelties of the Treasury that will allow the self-employed in modules to pay less in their income tax return

the approval The self-employed who are in modules can reduce between 20% and 35% their INCOME statement. In addition, they will not have to pay for the days that they were closed.

The 2020 INCOME campaign presents a series of novelties for the self-employed who are taxed in objective estimates or modules. Throughout last year, the Government approved several measures aimed at alleviating the tax burden of self-employed workers who operate under this system and which will become visible as of April 7, when the INCOME campaign begins. this year, and many will pay less, thanks to the approval of a specific set of tax measures for these self-employed in modules. In such a way that hairdressers, carpentry shops, taxi drivers, carriers, shops or bars, among other sectors, will be able to note these novelties in their 2020 INCOME statement.

News in the INCOME for the self-employed in modules

In a guide on the novelties that the 2020 INCOME campaign will have for taxpayers, the Union of Technicians of the Ministry of Finance (Gestha) warns about the different "regulatory modifications to take into account for the decrease in income caused by the pandemic to businessmen in modules (objective estimate in personal income tax and simplified VAT regime)”. Specifically, there are three tax novelties for this group:

1.-IRPF will not be paid for the days they were closed

One of the main novelties that the self-employed have in objective estimation is that they will not have to pay taxes for those days in which their businesses were closed by the will of a competent authority. Royal Decree-Law 15/2020, of April 21, on complementary urgent measures to support the economy and employment, establishes that "the calendar days in which that the state of alarm had been declared in said quarter”.

In this way, only the days of the quarter in which the activity has been carried out normally will be counted to calculate the installment payment of IRPF in modules. The same for calculating payments on account for VAT under the simplified regime.

Lowering between 20% and 35%

Likewise, another of the novelties of the INCOME for the self-employed in modules is a minimum reduction of 20%, which can go up to 35% in some sectors especially affected by the health emergency. The Government approved a reduction in personal income tax for all the self-employed in modules, as explained by the Government spokesperson and Minister of Finance, María Jesús Montero, the objective of the measure is to make it easier for the module makers "to face that reality that is their costs fixed”.

Thus, Royal Decree-Law 35/2020, of December 22, on urgent measures and in tax matters to support the tourism, hospitality and commerce sectors contemplates a general reduction to 20%, a percentage that rises to 35% for activities related to the tourism sector, hospitality and commerce. "In addition, the new amount of the reduction will be taken into account to quantify the net return for the purposes of the fourth installment payment corresponding to the year 2020 and for the first installment payment of 2021" details the rule.

According to the head of the Treasury, in the press conference after the Council of Ministers in which the measure was approved on December 21, the reduction “is going to have a fiscal bill of 117 million euros. It will take effect in the fourth installment payment of 2020 and in the first payment of 2021,” Montero explained. However, the possible The impact of tax relief that both measures entail will be different depending on the time they have been closed, as well as depending on the sector and territory in which they carry out their activity.

They will be able to make the declaration almost automatically

The latest news for the self-employed was known last Thursday, March 18, when the Treasury published an Order to simplify the procedures for the self-employed in the module tax regime when filling out the draft of the declaration. The Administration gives the possibility that these self-employed workers can transfer directly to the boxes of the draft all the data that their record books collect.

In this way, the almost 500,000 self-employed workers who are in modules are enabled to make the INCOME declaration almost automatically, the only condition is that they have their registration books in the format offered by the Tax Agency.

According to the document, for the first time and on a voluntary basis, those declaring economic activities - the self-employed and employed workers who carry out some activity on their own account - will have the possibility of directly transferring that income to their INCOME declaration model. This will greatly facilitate compliance and adaptation to previous developments.