On 15 September 2026, tax experts from Declarando outlined four common errors made by seasonal businesses (hospitality, tourism, beach services) when closing the summer season that can lead to tax penalties. These include: (1) failing to properly deregister from the Census of Entrepreneurs (Models 036/037) leading to ongoing filing obligations; (2) not declaring all income, especially cash payments; (3) issuing incorrect or incomplete invoices for end-of-season sales; and (4) neglecting to file the final quarterly VAT and withholding returns. The Tax Agency increases data-crossing controls in autumn, making these omissions highly detectable.
Key Takeaways
- Proper Deregistration: Submit Model 036/037 within one month of cessation to avoid phantom filing obligations.
- Income Declaration: All income, including cash tips and off-book sales, must be declared in the final quarter.
- Invoice Compliance: Ensure all end-of-season invoices meet legal requirements (sequential numbering, tax breakdown, client details).
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement