Main Changes To Accounting Procedures for Self Employed from Jan 2018
Working From Home From 1 January 2018 those declaring their taxes using the direct estimation method are able to deduct part of the utilities expenses of a property partially used for their economic activity and also living expenses that directly relate to the economic activity. Article 11 of Law 6/2017 adds letters b) and c), with effect from January 1, 2018, to rule 5 of section 2 of article 30 of Law 35/2006, of November 28, of the Income Tax for Individuals and states the following: I. Contributors whose economic activity is conducted in their habitual residence In these cases, 30 percent of the pro-rata …
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