What Modelo 303 is and when it is filed
Clear guide for SMEs and self-employed workers about Spain's VAT Modelo 303: what it is, dates, who files it, and how to prepare it.
What Modelo 303 is and when it is filed
Modelo 303 is the periodic self-assessment VAT return in Spain. Companies and self-employed workers use it to declare output VAT on sales and input VAT on purchases and expenses.
Quick summary
- It is used to declare VAT for a period.
- It is usually filed quarterly.
- It requires issued and received invoices to be organized.
- The result may be payable, offset, or refundable depending on the case.
Who usually files it
It is filed by self-employed workers and companies that carry out activities subject to VAT, except for special cases or specific regimes.
What information you need to prepare
- Issued invoices.
- Received invoices.
- Taxable bases.
- VAT amounts.
- Corrections or adjustments if applicable.
How Numonis helps
Numonis helps centralize documents, invoices, and expenses so quarterly close is more organized and your accountant can review information with less friction.
Frequently asked questions
Does Modelo 303 replace accounting?
No. It is a tax return. Accounting and invoice records are still necessary.
Can I prepare it only with receipts?
It depends on the type of expense and the available information. Whenever you can, keep full invoices.
Notice
This content is informational and does not replace personalized tax advice.
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