Find out what it consists of and what advantages and disadvantages it has
You will be interested whether you have a small business or if you are a supplier for this type of business.
The equivalence surcharge is one of the special VAT regimes for individual entrepreneurs.
Start of marked textShare! Learn more about the equivalence surcharge and its advantages.End of marked text
As a business owner, you must comply with a series of obligations with the Treasury in relation to VAT and other taxes. In the case of retail traders, there is a special mandatory VAT regime called the equivalence surcharge. It basically consists of applying an additional surcharge to the VAT percentage corresponding to the invoice.
In other words, a higher VAT rate is paid but, in exchange, certain tax advantages are received. For example, a shop run by a self-employed person that sells stationery night clubs and bars email list and buys the products (notebooks, pens, markers, etc.) from a supplier to sell them to the end customer in the shop, would be subject to this special regime. Therefore, it is the supplier who must take into account whether the shop is subject to the equivalence surcharge in order to invoice it with said surcharge.
The types that currently exist are the following:
Who should benefit from the equivalence surcharge?
The special VAT regime of the equivalence surcharge applies in the following cases:
Retail traders: individuals.
Traders that are entities subject to income attribution regime in the Personal Income Tax (civil companies, unclaimed estates and communities of property in which the partners are natural persons).
A retailer is one who sells goods that he has not manufactured or processed, directly to the final consumer.
However, the equivalence surcharge will not apply to them if they trade, among others, any of the following products: jewelry, motor vehicles, boats, industrial machinery, and objects of art and antiques.
