Articles

The Role of Tourist Licenses in Regulating the Vacation Rental Market

As global tourism continues to surge, authorities in popular destinations face increasing pressure to balance the economic benefits of travel with the well-being of local communities. A key regulatory tool in this effort is the tourist license—an official permit required for short-term vacation rentals. By enforcing legal compliance, protecting local economies, and promoting sustainable tourism, … Read more

Should I gift assets to my family before the new national inheritance and gift tax is introduced?

Taxation in Spain: regional and central government policies In Spain, the management of taxes is divided between the central government and the autonomous regions. Taxes such as income tax and corporation tax are controlled by the central government, whereas others, including wealth tax, inheritance tax, and gift tax, fall under the jurisdiction of the autonomous … Read more

Tax revolution! small and micro companies will enjoy a historic tax reduction from 2025

From 1 January 2025, the tax landscape in Spain will change drastically with the amendment of article 29 of Law 27/2014, of 27 November, on Corporate Income Tax (LIS). Small and micro companies are in luck! A progressive tax reduction will be implemented that will reduce their tax liability, allowing them to compete more strongly … Read more

Reducing Working Hours in Spain

Spain has taken a significant step toward improving work-life balance by approving a draft law to reduce the maximum weekly working hours from 40 to 37,5 without lowering salaries. This reform aims to enhance job quality, increase productivity, and promote a more equitable labour market. However, it also presents challenges for businesses and the broader … Read more

Electronic invoicing in spain

The requirement for businesses and individuals to provide electronic invoices to their clients to secure Spanish anti-fraud regulations has moved a step closer. The Spanish Ministry of Finance has officially published the long-awaited Royal Decree that establishes invoicing and billing software requirements. Overview Since February 2022, when a draft of the intended Royal Decree was … Read more

Understanding the Rights and Responsibilities of domestic staff in Spain

In Spain, housekeepers play an essential role in many households, offering invaluable support in managing daily tasks. However, both employers and housekeepers often find themselves uncertain about the legal rights and responsibilities involved. This article provides an overview of the key aspects of employing domestic staff in Spain, ensuring both parties are aware of their … Read more

Changing a Bank Account in Spain

Changing a bank account in Spain is a common step for residents and non-residents alike, but it requires careful planning to avoid complications. Whether you’re switching banks for better services, changing from a resident to a non-resident account, or simply looking for lower fees, there are several important aspects to keep in mind. Reasons for … Read more

Is your property overvalued for tax purposes? This is what you can do

If you have recently bought, inherited, or been gifted a property, you might be in for an unpleasant surprise when calculating your taxes. The tax office doesn’t just consider the price you paid (or the value stated in the deed)—they rely on a reference value set by the government. The problem? This reference value is … Read more