Spence Clarke & Co. Chartered Accountants Est 1985 Marbella, Spain.

 CHARTERED ACCOUNTANTS
Marbella

Established in 1985


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LET'S GIVE THANKS TO THE SPANISH BUREAUROCRACY!

By Spence Clarke & Co on 04/12/2011 11:10
Expats take note! There are times to give thanks to the much maligned Spanish adminsitrative system.
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SPANISH BANKS IN RUIN – THE STORY SO FAR (AND A BIT ABOUT KING CANUTE)

By Spence Clarke & Co on 28/11/2011 13:22
An article in a blog I was reading this weekend caught my eye and I decided to do some digging. After a few minutes, what I have long suspected about the bank’s holdings of defaulting loan assets became crystal clear.
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WILL RAJOY HAVE WHAT IT TAKES AFTER THE SPANISH ELECTIONS ON SUNDAY?

By Spence Clarke & Co on 18/11/2011 11:42
Election day on Sunday 20th November should produce a dramatic change in Government for Spain. But what will this mean?
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TO BE A RESIDENT, OR NOT TO BE, THAT IS THE QUESTION.

By Spence Clarke & Co on 14/11/2011 20:50
What makes a resident of Spain a tax resident of Spain? It is an important question and misinformation arises everywhere, not least in the press, over a beer in the golf club, just about anywhere, in fact.
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THE EU STARTS ACTION AGAINST SPAIN FOR ITS UNFAIR INHERITANCE TAX LAW

By Spence Clarke & Co on 03/11/2011 13:20
The European Commission made official complaints against Spain in May 2010 and February 2011 regarding its Inheritance tax legislation. These complaints were ignored and so the EC has commenced an action against the Spanish state through the European courts.
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THE TAX MAN COMETH....

By Spence Clarke & Co on 30/10/2011 19:24
Over the last few year or so we have heard that various governments have licitly and not so licitly managed to get hold of lists of people with bank accounts in funny places. What has become apparent is that these lists are being shared with the tax authorities of any interested country. Well Spain has shown its interest too....  
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STOP PRESS - SARKOZY SAYS SPAIN IS NO LONGER IN THE FRONT LINE!

By Spence Clarke & Co on 30/10/2011 17:52
Thoughts on alternate realities.....
Or was he thinking of the Maginot line? Lets hope Sarkozy's imaginary line will hold for longer than the Maginot line that proved useless within a few days to repel a German invasion. The phrase 'wishful thinking' comes to mind.
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RETURN OF THE DREADED SPANISH WEALTH TAX – A BRIEF COMMENTARY

By Spence Clarke & Co on 03/10/2011 11:47
Many will remember that happy day in December 2008 when the Spanish Government eliminated Wealth Tax, or so it was thought….!

The idea in 2008 was to make Spain a more attractive economy and do away with an archaic tax that has its roots in 1977 when inflation and interest rates were in double figures, the fledgling Spanish democratic state was crying for financial air and so an ‘extraordinary tax’ was born
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EASIER FINANCE FOR SMALL BUSINESSES

By Spence Clarke & Co on 26/09/2010 10:27
In yet a further attempt to stimulate small business growth, from 15 June 2010 and until 31 December 2011, small companies and self employed would now be able to receive finance easier from ICO (Instituto de Crédito Oficial) than a bank.
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DIRECT GOVERNMENT FINANCE FOR SMALL BUSINESSES.

By Spence Clarke & Co on 01/06/2010 10:25
The Spanish Government has enabled its ICO (Instituto de Crédito Oficial) to grant loans of up to 200.000 € directly to small businesses, bypassing the high street banks.  The question is will a Government department do any better at providing financial help to small businesses than a typical bank? We shall see….…..
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