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V1266-24 ·31 May 2024 ·consulta-vinculante Medium impact
Tax

VAT on leases with grace periods accrues when the agreed rent becomes due after said period

A company has requested clarification on when VAT should accrue in a lease involving grace periods and whether the collection of management fees affects this accrual. The DGT has ruled that accrual occurs when the rent becomes due under the terms of the contract, unless the periodicity exceeds one year.

In 6 key points

How it affects those involved

This ruling clarifies the timing of VAT accrual for commercial leases with grace periods, ensuring tax compliance regarding when the obligation to pay arises.

Lifecycle

2024-05-31PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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