During the month of November, your company can opt for the Monthly VAT Refund Regime (REDEME) by submitting a census declaration (model 036). This way, starting from the following year, you will be able to request the refund of the tax that results in your favor on a monthly basis, without having to wait to do so in the last declaration of the year, with the financial savings that this entails.

Many companies do not opt for the REDEME because this regime requires them to declare VAT every month and to submit the registration books online (through the SII system). However:

• Companies that invoice more than 6,010,121.04 euros are already required to do so, so opting for the REDEME does not impose additional obligations on them, but only advantages.

• It is expected that, starting in October 2028, companies that do not exceed this turnover figure but have a Billing Computer System (SIF) and opt for the "Verifactu" modality, even if they declare quarterly, will also be required to report their issued invoices online, similar to what happens when the SII is applied (but without declaring received invoices).

If your company falls under this last assumption, opting for the REDEME —and therefore, the SII— will not impose a much greater workload than what it will bear if it applies the Verifactu and declares VAT quarterly. Additionally, if in some months the result of your VAT declarations is in your favor, opting for the REDEME may allow you to achieve significant financial savings by anticipating the tax refund.

 

Our professionals will inform you about the advisability of opting for the Monthly Refund Regime for the year 2027.