Despite announcing earlier this year that VAT would increase from 5% to 10% until the end of 2024, it will revert to 21% from 1 March 2024. Why is this happening? The Royal Decree Law 8/2023 established that, as an emergency measure in response to the energy crisis resulting from the conflicts in Ukraine, VAT…
During the meeting of the Council of Ministers on Wednesday 27 December, the government gave the green light to the eighth anti-crisis package. These measures aim to support Spanish citizens in the face of the economic challenges arising from the COVID-19 pandemic and the conflict in Ukraine. While many of the previously approved measures will…
The Andalusian Regional Government, through the Regional Ministry of Employment, Enterprise and Self-Employment, has launched an grants package for small and medium-sized enterprises and self-employed workers. This support is intended to compensate for increased energy costs due to high natural gas and electricity prices caused by the conflict between Russia and Ukraine. How is it…
What is Royal Decree-Law 10/2022? On 15 June 2022, the emergency measure approved by the government to reduce the price of electricity came into force. This is Royal Decree Law 10/2022 which establishes, on a temporary basis, a production cost adjustment mechanism to reduce the price of electricity on the wholesale market. The measure has…
What does the new concept on invoices mean? On June 15, Royal Decree Law 10/2022 entered into force, which establishes, temporarily, a mechanism for adjusting production costs to reduce the price of electricity in the wholesale market. This mechanism was the result of negotiations between the Portuguese Republic, the Kingdom of Spain and the European…
Electric vehicles: Everything you need to know about the new measures In order to reduce the emissions produced by the combustion of diesel and gasoline vehicles, the European Union has approved a directive that will prohibit the sale of these vehicles from 2035. This means that, as of that year, the brands will only will…
Now you can pay your bills without leaving your home. It’s very simple, follow this steps to know how to do it 1) Enter our website and access the customer area. If you don’t know how to do it, here we explain how. 2) Once you access the client area, you will find the screen…
Electricity prices in Spain have gone through major changes in recent years. After the record highs caused by the energy crisis, many households are now asking the same question: will electricity bills finally become more stable? To help reduce the impact of rising energy costs, the Spanish Government and European authorities introduced several temporary measures…