NAVARRA: Check your turnover

Remember that turnover influences certain tax obligations. Specifically:

VAT and Income Tax

If your volume of operations exceeds 6 million euros (exactly 6,010, 121,04 euros), you must submit monthly self-assessments for:

• VAT, and you must also comply with the obligations arising from the Immediate Supply of Information (SII) system.
• Income Tax Withholding

Companies

If you reach 20 million euros in volume of operations in the case of small companies, or if you exceed 1 million euros in the case of microenterprises, from the following year your company will no longer be able to continue applying the tax incentives provided for Companies for these entities.

Tax on Economic Activities

If you reach 1 million euros in turnover, your company will no longer be exempt from the Tax on Economic Activities (IAE).

Therefore...

If your company's turnover so far this year is approaching any of these figures, consider delaying some sales for the following year (if possible), so that the accrual of the operation, and not just the issuance of the invoice, occurs in 2026.

Our professionals can help you if your turnover is close to the limits whose exceeding implies the increase of some tax obligations.