December 2023
Dear all,
It seems like only yesterday that we were opening 2023… and we already have a new Christmas just around the corner. We are closing a turbulent year on an international scale, with wars, climate crisis and drought as the main headlines of a news that worries us and affects us at all levels.
In spite of everything, the forecasts for our economy continue to show positive signs for 2024, since according to the latest report of the Financial Observatory of the General Council of Economists, which we enclose in this last newsletter of the year, the Spanish Gross Domestic Product (GDP) will grow by 1.7 percent, below the 2.4 percent forecast for the current year.
The newsletter also includes an eight-page report prepared by Carolina Mateo and Alba Pich in which they address different issues that taxpayers (both individuals and legal entities) should take into account before making the last tax decisions of the year. The video of the Coffee with BNFIX PICH and DFK International on November 22nd on new developments in restructuring and insolvency and some events in which our professionals will participate in the coming days complete the publication.
We do not want to end these lines without appealing to the true “Christmas spirit” that should permeate us all these days (and all year long) and invite you to look around you for that good cause to which you can contribute your small grain of sand.
Merry Christmas to all and prosperous 2024!
Valentín Pich – v.pich@pich.bnfix.com
Managing Partner BNFIX PICH TAX LEGAL
Highlights
/ Report on the 2023 tax closure of IRPF and IS
Companies, professionals and individuals still have time to take advantage of and apply the options offered by the Corporate Income Tax (IS) and Personal Income Tax to optimize the tax bill for the year.
For this reason, tax experts Carolina Mateo and Alba Pich have prepared an eight-page report in which they explain these options and address different issues that taxpayers should take into account before making these last tax decisions of the year.
Agenda
/ Coffee with BNFIX & DFK:
Economic crises.
Refinancing, restructuring plans and insolvencies
Did you miss the BNFIX PICH Café with DFK Int, Peters, Schönberger & Partner and Shaw Gibbs on Wednesday, November 22 (in English) dedicated to the novelties of the Spanish regulations on restructuring and insolvency and the new tools it offers companies to find their viability?
It included a very interesting presentation by Josep Maria Bastons and the participation of Hayley Simmons, Christoph Wallner, María José Moragas, Alba Pich and Xavier Domènech.
/ Session on implementation of pension plans in payrolls. Construction sector.
On Tuesday, December 12, the head of the Labor Area, Montse Teruel, will speak about Implementation of the Pension Plan in payrolls; contributions and remuneration in a conference organized by the Gremi de Constructors d’Obres de Barcelona i Comarques and the Cambra de Contractistes d’Obres de Catalunya.
It will be a day in face-to-face format, starting at 10 a.m., at the headquarters of the Guild.
Registration HERE
Press
/ Financial Observatory: year-end 2023 and forecasts 2024
The Financial Observatory of the General Council of Economists forecasts that the Spanish economy will close the year with a growth of 2.4 percent. For next year, growth will be maintained, but at a slightly lower rate, up to 1.7 percent. On the other hand, the unemployment rate is expected to remain at current levels until the end of the year, at around 11.8 percent.
