13 Tips For Pharmacists to Pay Less to Finance

How to write the Declaration of finance is essential when making it more expensive or less satisfactory in the pockets of pharmacists. Asefarma Therefore, one of the leaders Pharmacy Consulting Spain (http://inkoscura.com) Launches 13 suggestions for the accounts of these professionals resent the least. “It is very important to consider all types of premises to ensure getting the greatest return or face the lowest possible cost to the Treasury statement in businesses that move as much volume as pharmacies. So it is always advisable to go to specialized advice as the to hit to get the best possible outcome, “just comoafirma Briales Alejandro, director-responsible fiscal Asefarma area.


Know-how of the most beneficial

and chelae pharmacies to determine their benefit by the direct assessment scheme during 2009 are eligible for deductions in calculating your tax benefit is to be taxed. “It is very important to check your application in each particular case because we found that often, in the case of pharmacists who have no advice, are all taken into account, thereby increasing the amount payable to the Treasury” añadeBriales.
So these things are the 13 signs that advised Asefarma note:

1. Accelerated depreciation of property of little value

the investments made in new tangible fixed assets can be redeemed freely when the unit acquisition value of each element does not exceed 601.01 euros and the total investment not exceeding the limit of 12,020.24 euros per year. “In the event exceeded that amount may only be redeemed investment freely to the limit of 12,020.24 euros, not enjoying the freedom of excess depreciation,” added the manager.

2. Accelerated depreciation for investments that generate employment

Investments can be redeemed freely made new items of tangible assets and property investments, with the following conditions:
* That during the 24 months following the beginning of the period that goods coming into operation the total average number increases in relation to the average number of the previous 12 months and this increase is maintained for a further period of another 24 months.
* That the maximum amount of investment that is amortized freely does not exceed the amount obtained by multiplying the figure of 120,000 euros by the increase in total average number calculated to two decimal places.

3. Accelerated depreciation for investment and sustainable employment

Investment in new plant and equipment items and real estate investments for economic activities, made available to the pharmacist in the years 2009 and 2010 may be redeemed freely provided that, during the 24 months following the date of commencement of the tax period (1 January) in which the items are purchased and put into operation, the total average number of the pharmacy is maintained on the average number of the previous 12 months. “That is, they may redeem freely to maintain the total average number of years prior to the purchase of the property, the next 2 years”, stresses Briales.

4. Accelerated depreciation

new items of tangible assets and real estate investments can be redeemed according to the ratio obtained by multiplying by 2 the ratio of the standard maximum straight-line amortization tables in officially approved. There are two tables one for normal direct estimate and one for simplified direct estimation.

5. Amortisation of goodwill

this concept can be defined as the difference between the physical value of the pharmacy (furniture, stock, and local) and what you paid for it upon purchase. The coefficient of goodwill amortization for 2009 is 5% or 7.5%.

6. Financial Lease (Leasing)

Leasing contracts with a minimum of two years (for property) and 10 years (for rent) that have taken place from January 1, 1996 shall have the following tax regime:
* All of the assessments for the financial burden will be tax deductible.
* Part of the fees applicable to cost recovery of the property will be tax deductible to the limit to apply to the cost of either three times the rate of depreciation for the property in question set the tables.

7. Accelerated depreciation of assets in which to reinvest

Be able to amortize the tangible assets and property investments affects the materialisation of the reinvestment of the total amount obtained in the onerous transfer of elements of elements of tangible assets, depending on the coefficient obtained by multiplying by 3 the coefficient straight-line maximum provided in the tables, provided they meet the following requirements:
* That the item be forwarded for consideration as not being applicable in profit transfers.
* That the investment is made in the period between the year prior to the date of delivery or making available to the broadcast element and three years later.
* To reinvest the total amount obtained in the transmission. When the amount invested is less than or greater than that obtained in the transmission, accelerated depreciation applies only to the amount of such transfer to be subject to reinvestment.

8. Application of deductions for technological innovation and development of communication technologies and information

the amounts for computer applications, programs, new computers, Internet access, etc have a deduction in quota for 2009.
- Technological innovation: 8%
– Promotion of information technology and communication: 6%

9. Application of tax credits for training expenses

The amounts allocated in 2009 to training of pharmacists or their employees have an additional deduction in the amount of tax, apart from consideration as a deductible expense, the 2 / 4%.

10. Insurance premiums (Sanitas, MAPFRE, Cajasalud, Assisi, etc. …)

May be deducted as an expense on the income of the pharmacy, the amounts contributed to health insurance premiums paid for the coverage of the taxpayer, his spouse and children under 25 living with them, with a limit of 500 euros per person per year.

11. Provision for bad debts

Up to 1% annual debt clients hold with the pharmacy. Only applicable to pharmacies in Normal Direct Estimation.
12. Reduction of 20 percent net return on pharmacy activity for maintenance or creation of employment, applicable in 2009, 1010 and 2011
Requirements for application:

* The amount of sales of all economic activities performed by pharmacists does not reach 5 million euros.
* Average staff of all activities less than 25 employees.
* The average number of set of activities is as little unit and at least equals the average number of 2008.
* The deduction cannot exceed 50% of total gross wages paid to workers in all its activities.
* In reduction simplified direct estimation is calculated once cut 5% of expenditure on hard to justify.

13. 5% reduction in Simplified Direct estimation scheme

as compensation for the non-deductibility of provisions and an expense difficult to justify.