Tax debts of up to €50,000 can be paid in instalments or deferred without the need to provide guarantees

The Ministry of Finance and Public Function will raise the limit exempt from the obligation to provide a guarantee in applications for deferment or instalments of tax debts from €30,000 to €50,000.

The rule is expected to enter into force on 15 April 2023. The aim is to maintain the last purpose of the exemption provided for, in order to comply with their obligations in the event of possible temporary economic and financial difficulties, and to speed up 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 “denotes a certain obsolescence”, and therefore considers it necessary to update this amount, raising the limit of the exemption from the obligation to provide guarantees to €50,000.

If you have any doubts regarding this issue, please do not hesitate to contact us, by telephone to Carles Monfort Codina or by e-mail to cmc@btsasociados.com, we will be delighted to help you.