Spain A new version of the periodical VAT return forms (303 and 322) should be used for December 2018/Q4 2018 periods 11 December 2018159 views1 min read Source: Deloitte Reporting / Compliance British tourists could be spared VAT in the Canary Islands following Brexit in bid to ensure holidaymakers continue to spend there Draft law on Budget of Canary Islands for 2019: a proposal for a half-point reduction in the general rate from 7% to 6.5%