Increased use of cash for professionals

Increased use of cash for professionals

Scaling back use of cash when invoicing

The annual invoices (one invoice or several) that go to one and the same customer (resident or Spanish national) and that exceed EUR 1,000. 00 may no longer be paid in cash. The previous limit of 2.500,00 Euros is no longer valid. The sums will have to be received via a bank transfer or another recognised digital way.

Please note that invoices to non-residents are still possible up to EUR 10,000.00. However, an invoice must be drawn up and it must be clearly stated that the amount was received in cash.

If this rule is not observed and Hacienda makes an inspection, fines of up to 20% of the total amount invoiced may be issued.

If you have any questions on this subject, please contact your accountant or consult one of the Hacienda offices.

What can Segurantis do for you?

Since 2021, we only provide support for Autonomo start-ups. You can find more information under the heading services.

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