In Spain and many other countries, the year 2020 will go down in history as one of the strangest years lived during the 21st century: it is a technologically advanced era, developed out of sheer necessity and put into practice with remote working. For much of the population, during the confinement caused by this worldwide pandemic, the workplace has come to occupy and share the physical space that is usually home. This is also occurring with vacation.
Section by our subsidiary Acos Accounting Solutions, which offers accounting services, payroll management and assistance with tax obligations.
Over the past decade, Spanish companies have found themselves obligated to undergo a digital transformation if they do not want to be left behind in their respective sectors. This need for transformation began to seep into consulting firms and one-stop-shop agencies (so-called gestorías) in Spain, which are attempting to, little by little, digitalise their processes in order to optimise work and focus on offering value to their clients.
On 30 June 2020, the Tax Authorities published new data validations for the sending of invoices by SII (Suministro Inmediato de Información or Immediate Supply of Information). In October of this year the trial periods were begun for the validations, which will enter into force on 1 January 2021.