Bizkaia: Postponement of Batuz obligations for SMEs Approved
New legislation postponing the Batuz obligation for small and medium-sized companies, micro-enterprises, self-employed workers, small-sized cooperatives or non-profit entities has been approved on November 22, 2023 (Normal Foral 8/2023).
The implementation timeline for Batuz obligations affecting large companies hasn’t changed, and such companies are still expected to comply with the obligation starting January 1, 2024.
The remaining groups will be subject to a phased implementation, starting on July 1, 2024, which is expected to be complete until January 1, 2026. The calendar can be found here.
Taxpayers will still be allowed to comply voluntarily before their deadline is reached, and tax benefits will be applied in such cases. The calendar for voluntary compliance is as follows:
- From November 23 to December 15, 2023, with effect from January 1, 2024.
- From January 1, 2024, to June 15, 2024, with effect from July 1, 2024.
- From July 1, 2024, to December 15, 2024, with effect from January 1, 2025, and
- From January 1, 2025, to June 15, 2025, with effect from July 1, 2025.
