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V1617-22 ·4 July 2022 ·consulta-vinculante Medium impact
Tax

Limited company turnover excluded from objective estimation method limits

A taxpayer engaged in vehicle repair under the objective estimation method inquired whether income from their limited company should be included when calculating exclusion limits. The DGT ruled that turnover from commercial companies is not taken into account when determining the scope of this method for activities carried out by the taxpayer in their personal capacity.

In 6 key points

How it affects those involved

This ruling clarifies that personal business activities under the objective estimation method are assessed independently of any turnover generated by the taxpayer's separate limited company, preventing the company's revenue from triggering exclusion from the simplified tax regime.

Lifecycle

2022-07-04PublishedPublished 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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