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2020 Andorra Tax Calendar

2020 Andorra Tax Calendar

Below we detail the most important events on the Andorra taxpayer’s calendar for the first quarter of 2020, as well as the forms that should be submitted in each case, if required.

JANUARY 2020

Preparation of annual accounts

The period for preparing and formalising annual accounts for the year ending 31 December 2019 begins. The filing period ends on 30 June.

Personal income tax (IRPF)

The period in which financial or insurance entities established in Andorra must file the external audit report on withholdings and payments on account for income from movable capital subject to income tax begins in January. The filing period ends on 30 June. (Form 344)

The period for external auditors to report to the Department of Taxation and Borders begins. Submissions until 31 January. (Form 343)

Settlement and payment period for withholdings and payments on account for work income not subject to the CASS and income from movable capital from the fourth quarter of the previous year. The filing period ends on 30 June. (Forms 310 and 340)

Annual summary of withholdings and payments on account for income from movable capital, income from savings with minimum exemption threshold and work income not subject to the CASS. The filing period ends on 30 June. (Form 311/311A, Form 341/341A, Form 342/342a)

Income from economic activities (IAE)

The period in which to apply for the following year’s objective tax assessment regime begins (form 001-F, which can be submitted until 31 December 2020).

Income tax for non-residents (IRNR)

Settlement and payment of IRNR for the fourth quarter of the previous year by non-resident taxpayers without a permanent establishment. (Form 700)

Settlement and payment of withholdings and payments on account made by tax administrators during the fourth quarter of the previous year. The filing period ends on 31 January. (Form 710)

Certification of withholdings and payments on account made to foreign suppliers. (Form 790)

General Indirect Tax (IGI)

The application period for the following year’s special simplified regime begins. The filing period ends on 31 December 2020. (Form 001-K)

The period for being classified as an entrepreneur or professional for the following year also begins. The filing period ends on 31 December 2020. (Form 001-J)

Taxpayers can pay the IGI (Form 900) throughout January depending on their annual turnover:

<250,000 euros (six-monthly settlement)

250,000 euros to <3,600,000 euros (quarterly settlement)

3,600,000 euros and up (monthly settlement)

In the event of commencing activity, the IGI settlement for the fourth quarter of the previous year must be paid in January.

Also throughout the month of January:

– IGI settlement period for the second half of the previous year for taxpayers who have chosen the simplified special regime. (Form 910)

– Special regime for the financial sector: tax declaration and regularisation period for the previous year. (Form 940)

ISI Insurance

The annual tax return settlement period for the indirect tax on the provision of insurance services begins. The filing period ends on 31 March 2020. (Form 230)

Tax on gambling activities

Throughout January 2020: self-assessment of the previous year for 1-year licences. (Form 255/255A)

Encamp – Tax on rental income

Start of the voluntary period for the payment of tax on rental income from the previous year. The filing period ends on 30 March.

FEBRUARY 2020

General Indirect Tax (IGI)

IGI settlement period (monthly) for taxpayers with an annual turnover of 3,600,000 euros or more. (Form 900)

Encamp – Property tax

First payment of tax on constructed property.

Ordino – Tax on rental income

The voluntary period for the payment of tax on rental income from the previous year begins on 4 February. The filing period ends on 4 April.

Canillo – Tax on establishing professional activities

The voluntary period for paying tax on the establishment of commercial, business and professional activities begins on 21 February. The filing period ends on 21 March.

Escaldes-Engordany – Tax on establishing professional activities

The voluntary period for paying 50% of the tax on the establishment of commercial, business and professional activities begins on 27 February and runs until one month from the day following the publication of the corresponding notification in the BOPA.

MARCH 2020

 General Indirect Tax (IGI)

IGI settlement period (monthly) for taxpayers with an annual turnover of 3,600,000 euros or more. (Form 900)

Canillo – Tax on establishing professional activities

The voluntary period for paying taxes on the establishment of commercial, business and professional activities ends on 21 March.

Encamp – Tax on rental income

The voluntary period for the payment of tax on rental income from the previous year ends on 30 March.

ISI Insurance

The voluntary period for settlement and payment on account of the indirect tax on the provision of insurance services for the first quarter of the current year runs throughout the month. (Form 210)

The annual tax return settlement period for the indirect tax on the provision of insurance services ends on 31 March. (Form 230)

At Advantia Assessors, we handle all the necessary procedures to fulfil the tax obligations (of both companies and individuals) required by the Andorran public administration.

Do not hesitate to contact us!