Articles

Some tips regarding IBI tax payments

Has your bank account been frozen due to unpaid local taxes? If you own property in Spain, you are required to pay several yearly taxes to the town hall where your property is located. The most important of these are the IBI (Impuesto sobre Bienes Inmuebles) and the rubbish collection tax. The town hall assumes … Read more

A small business VAT exemption for Spain – will this ever happen?

If Spain fails to incorporate into its tax regulations the EU directive 2020/285, approved by the Council of Europe on 18/02/2020, it will be subject to fines from the EU Commission. Perhaps other sanctions will apply and maybe Spain will be prevented from receiving EU funds until they comply. That would be very painful and … Read more

UK budget: time to relocate to Spain?

There is no doubt that the budget announcement of yesterday will cause many more UK residents to consider packing their bags in search of a more friendly tax regime. The atmosphere in the UK, and we don’t just mean the famously ‘interesting’ UK weather, is becoming more miserable at the hands of the new labour … Read more

Limited Liability for the Self Employed

It is not well known in Spain, especially in the expat community, that limited liability is possible for the self-employed entrepreneur, without the need to establish a formal limited company. This article explains the steps that a self-employed entrepreneur needs to take to register as a limited liability. Before explaining this in detail, lets first … Read more