{"id":9041854,"date":"2026-07-03T08:57:47","date_gmt":"2026-07-03T08:57:47","guid":{"rendered":"https:\/\/www.gremicat.es\/?p=9041854"},"modified":"2026-07-03T09:12:39","modified_gmt":"2026-07-03T09:12:39","slug":"corporation-tax-2025","status":"publish","type":"post","link":"https:\/\/www.gremicat.es\/en\/corporation-tax-2025\/","title":{"rendered":"Corporation Tax 2025"},"content":{"rendered":"\t\t
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For companies whose financial year coincides with the calendar year, the\nCorporation Tax return (Form 200) for the 2025 financial year must be\nsubmitted between 1 and 25 July 2026, both dates inclusive.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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If you opt for direct debit, payment must be made between 1 and 22 July.

Filing is mandatory, even if no business activity has taken place or no income has been earned during the financial year.

For the 2025 financial year, one of the main changes to corporation tax is the reform of the capitalization reserve. Specifically, the percentage reduction in the tax base is increased from 15% to 20%, provided that the relevant requirements are met. Furthermore, the calculation of this reduction is now linked to an increase in the average workforce, which reinforces its focus on business growth. Its limit has also been amended: generally speaking, it may not exceed 20 per cent of the previous positive tax base, rising to 25 per cent for entities with a turnover of less than 1
million euros.

Secondly, changes to the tax rate have been introduced by Law 7\/2024. A progressive scale has been established for entities with lower revenue, and the regime applicable to small entities and cooperatives has been adjusted. This amendment is accompanied by a transitional regime governing the adaptation to the new rates.

Furthermore, the minimum net tax liability is adjusted to reflect these changes, linking its calculation to the general tax rate using a specific formula, which necessitates a review of its impact on the effective tax rate.<\/p>

At sectoral level, a new tax is introduced on the interest and commission
margins of certain financial institutions; as this is not deductible for corporation tax purposes, it gives rise to mandatory off-balance-sheet adjustments.

Furthermore, incentives under the Canary Islands Economic and Tax Regime
are expanded, incorporating new forms of investment, particularly in social
housing and lettings.

Relevant measures have also been extended, such as the freedom to write
off the cost of electric vehicles and charging infrastructure, as well as the deadlines for investments in energy self-consumption.

In addition, various resolutions and rulings from the ICAC (Canary Islands Chamber of Accountants) affecting the General Accounting Plan (PGC) have been approved.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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NEWS IN THE 2025 CORPORATE TAX RETURN CAMPAIGN<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Reform of the capitalisation reserve<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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One of the most significant changes this financial year concerns the capitalisation reserve. Until now, this incentive was essentially linked to an increase in equity. However, the reform introduced by Law 7\/2024 partially alters its underlying principle.

From 2025, the general reduction will rise from 15% to 20%, but a progressive scale linked to the growth in average headcount will also be
introduced.

The reduction may reach:<\/p>