More flexible tax debt deferrals for SMEs and the self-employed

In accordance with article 8 of RDL 35/2020, tax payments may be deferred for all those self-assessments for which the deadline for filing and payment is between 1 April and 30 April 2021, inclusive, provided that the applications submitted up to that date are for amounts of less than 30,000 Euros. Therefore, the deferred debts will be paid in October 2021, instead of in April.

• Requirement for the granting of the deferral: person or entity with a volume of operations in 2020 of less than 6,010,121.04 Euros.
• Deferment conditions: 6-month period without accrual of late-payment interest (3.75%) during the first 3 months.