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What is the accounting treatment for partial cancellation of an ICO loan?

What is the accounting treatment for partial cancellation of an ICO loan?

ICO Loan

Many companies and freelancers, in the face of the COVID-19 crisis, applied for ICO loan subsidies to make their business viable. Since many people have been wondering about the correct accounting record of the subsidies received to partially cancel these loans, today, in TAS Consultancy, we tell you what is the accounting treatment of a subsidy to partially cancel an ICO loan.

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Is it possible to support deductible VAT before starting the activity?

Is it possible to support deductible VAT before starting the activity?

Deductible VAT

If you are going to start a business activity, it is quite normal that you will have expenses and investments long before you receive income and profits from it. Therefore, you may be wondering: can I deduct the input VAT before starting the activity? Well, in this article we will answer all your questions about deductible VAT, come and join us!

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What is the new Digital Services Law?

What is the new Digital Services Law?

Digital Services Law

After two years, we can say that Europe will become the first free digital market in the world, with predictable and clear rules for all those who participate in it. The European Parliament plenary has approved the new Digital Services Act with 539 votes in favor and the Digital Markets Act with 588 votes in favor. Do you want to know more about the Digital Services Act? Read our article and find out all about it.

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10 key legal and practical aspects of the Telework Law in Spain that you should know about

10 key legal and practical aspects of the Telework Law in Spain that you should know about

Telework Law in Spain

On October 13, 2020, as a result of the pandemic, the new Law that would be in charge of regulating telework and change the labor paradigm that until that moment was known came into force. Do you want to know what are the practical and legal keys of the Telework Law in Spain? Then you came to the right place! Here we will detail them for you.

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What is the new Organic Law on Data Protection and how to comply with it?

What is the new Organic Law on Data Protection and how to comply with it?

Organic Law on Data Protection

The European Data Protection Regulation in Spain, approved in 2016, came into force in 2018 along with multiple changes that it is essential for every SME to take into account. For that reason we have created this article, Find out here what is the new Organic Law on Data Protection and what should be your compliance!

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Find out about aids and subsidies for the self-employed and entrepreneurs in Spain [2022].

Find out about aids and subsidies for the self-employed and entrepreneurs in Spain [2022].

aids and subsidies for the self-employed

According to the GEM Report 20-21, for 30% of entrepreneurs and freelancers looking to start a business, it has not become profitable, while 10% acknowledge having had problems obtaining financing. This represents a major obstacle for the development of projects; therefore, we decided to compile the best grants and subsidies for freelancers and entrepreneurs that are available in Spain, find them here!

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Tax and Customs Control Plan

New developments in the Tax and Customs Control Plan [2022]

 

¿Vives en España o tienes un negocio en el país? Entonces probablemente te interese conocer las novedades del Plan de Control Tributario Aduanero este 2022. ¡Sigue leyendo y entérate más de los lineamientos involucrados!

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The transformation of the automotive sector in Spain

The transformation of the automotive sector in Spain

El sector de la automoción en España representa un motor de crecimiento para el país, ya que facilita la movilidad y destaca por su alta capacidad productiva. ¿Conoces la transformación que está experimentando actualmente? ¡Aquí están los detalles que necesitas saber!

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How does the reform of the Bankruptcy Law affect the sale and purchase of production units?

How does the reform of the Bankruptcy Law affect the sale and purchase of production units?

Bankruptcy Law

Previously, we told you about the Insolvency Law in Spain and the reform presented in Law 16/2022. But, what are the implications for the sale and purchase of production units? In this article we will inform you about its different phases and advantages.

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What is the new reform to the Insolvency Law about?

What is the new reform to the Insolvency Law about?

Tener un negocio significa estar al día con la normativa vigente en los diferentes aspectos que puedan afectar a su actividad empresarial. ¿Has oído hablar de la reciente reforma de la Ley Concursal en España? ¡En este artículo te contamos en qué consiste!

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