To do our It has become a chore for many people. It is one of the most popular services and has millions of users. However, there is some moves that go unnoticed tax authoritiesespecially when it comes to certain amount of money. this Bizum’s forbidden figure.
Changes in Bizum
Before, Bizum was mostly used to send or receive money between family or friends.. But more and more people are using it in their professional lives, such as business expenses. This has led Bizum to set usage limits, such as the number of transactions that can be made and received per month. there is even New scam you can be a victim of through Bizum.
Previously, Bizum was mostly used to send or receive money between family members or friends. But more and more people are using it in their professional lives, such as business expenses. This has led Bizum to set usage limits, such as the number of transactions that can be made and received per month.
Quantities remain the same: The minimum amount that can be sent via Bizum is 50 cents and the maximum is 1,000 Euros.be 2,000 daily limit.
The Bizum movement followed by the Treasury
Mostly Operations conducted through Bizum are ignored by the Treasury. However, its Tax Administration He stated that anyone who receives 10,000 Euros or more through Bizum should include it in their income statement and may be investigated.
This data is important because more and more companies and freelancers use Bizum as a collection or payment method, so they should pay attention to this amount. It is important to keep this information in mind, although the average person is unlikely to reach this figure.
Also, it is important to remember that Any money sent or received through Bizum must be declared to the Treasury.. There is no minimum amount that must be declared for a donation, so any amount must be declared. If not, the Treasury may fine us financially.
The donation of money is considered an act of freedom, in which a person freely disposes of something in favor of another person who accepts it. Therefore, any money sent or received through Bizum must be declared. This includes everything from a tip to money sent or received as part of a business transaction.
If you donate or receive donations through Bizum, it is important that you submit your tax return to the Treasury within 30 working days. If you don’t, the Treasury may impose an economic sanction on you.
While this task is very common and the amount to be declared for donation is usually minimal, it is important to know that it is considered a donation and should be considered in case of suspicious activity.
In summary, If you are using Bizum, it is important that you take into account the forbidden figure of 10,000 euros. and be sure to declare any amount you receive or send through Bizum.
Source: Informacion
James Sean is a writer for “Social Bites”. He covers a wide range of topics, bringing the latest news and developments to his readers. With a keen sense of what’s important and a passion for writing, James delivers unique and insightful articles that keep his readers informed and engaged.