As from the 1st of this month, small companies (PYMES) can file their IVA returns on a monthly basis with Hacienda.
This means that you settle your IVA on a monthly, rather than quarterly, basis. Which improves cashflow.
This is a special “anti crisis” measure that will last for two years. Companies can opt in at any time throughout the year, but will have to stay the rest of the fiscal year on the same plan. All tax returns will have to be filed via Internet.