Corporate tax (200, 202)

Corporate tax (Impuesto de Sociedades) taxes the profit of companies (SL, SA…). It's declared once a year with Modelo 200, and throughout the year payments on account are prepaid with Modelo 202. It's the company's equivalent of a freelancer's IRPF.

Aikount prepares both from your real accounting: the accounting result the tax starts from is the same one you see in your Balance sheet and P&L.

Modelo 200: the annual return#

Modelo 200 is the annual corporate tax return. It's computed from the year's accounting result, with the applicable tax adjustments, and determines the tax due. From that due amount, the payments on account (202) already paid are deducted.

Because it starts from the accounting result, it depends on the year being complete and reconciled: all sales issued, all expenses imported and reconciled, depreciation recorded.

The 200 includes tax adjustments (non-deductible expenses, credits, prior-year losses…) that are your accountant's judgment. Aikount provides the starting accounting result; the tax adjustment and the filing are human.

Modelo 202: payments on account#

Modelo 202 is the instalment payment of corporate tax: advances the company pays during the year on account of the 200. It's the corporate equivalent of a freelancer's Modelo 130.

There are two ways to calculate it, and the right method depends on the size and situation of the company. Aikount provides the ledger figures; confirm with your accountant which calculation method applies to you.

Before you file#

1. Check the period is closed and reconciled in your accounting.
2. Review the draft (200 or 202) in the Taxes section.
3. Apply the applicable tax adjustments with your accountant.
4. File at the AEAT electronic office (you or your accountant).
5. Mark the model as filed.

Check the deadlines in the Tax calendar. Aikount prepares the data; the filing and the tax judgment are human. So your accounting firm can work the year-end in their software, you can Export to A3.