Gold has always had that aura of being a “safe value” that attracts both small savers and large investors. When markets tremble, gold shines. However, before rushing out to purchase jewelry, coins, or bars, it is important to ask yourself a key question: how is gold taxed in Spain? Because, although gold may shine, its … Read more
What’s Changing? Until recently, banks and payment platforms only reported large electronic payments to the tax authorities — for example, over 3.000€ or 10.000€ in a year. That threshold disappears in 2026. Because of the Royal Decree 253/2025, all Bizum payments received for commercial activity will be compiled and sent to the Tax Office monthly, … Read more
The controversial municipal waste‑management tax (tasa de basuras) introduced by many Spanish councils is now facing major legal scrutiny. According to the Asociación Nacional de Inspectores de la Hacienda Pública Local (ANIHPL), the tax could amount to over 3.400 million €, and if deemed invalid by the courts, millions of residents and businesses across Spain could be … Read more
When a person dies owning Spanish assets, their heirs inherit not only assets and rights but also certain liabilities, including outstanding tax debts. This can become particularly complex when the deceased operated as a sole trader, because tax assessments may arise after death. Understanding how liability is transferred and what can be limited is essential … Read more
Seizure orders (diligencias de embargo) are one of the most powerful tools used by the Spanish Tax Office (Agencia Tributaria / AEAT) to secure the collection of unpaid tax debts. When a taxpayer fails to pay on time, the administration may freeze bank accounts, garnish wages, or even seize real estate. This comprehensive article explains … Read more
Spain’s public pension system is undergoing significant reform in 2026, affecting how pensions are calculated, the age and conditions for retirement, annual pension increases, and contribution structures. These reforms, based on legislation such as Real Decreto-ley 2/2023, aim to ensure the system’s sustainability amid an ageing population and increasing life expectancy. 1. Introduction of a … Read more
Spain continues to attract residents and expatriates from across Europe and beyond, drawn by its climate, healthcare system and quality of life. However, recent data show that the cost of everyday living is placing increasing pressure on household finances. According to the latest consumer spending analysis, the average Spanish household now spends approximately 21,938 € … Read more
As you approach the age of 65, you may begin considering ways to supplement your retirement income. One particularly tax-efficient strategy is to sell an asset and reinvest the proceeds into a lifetime annuity investment. This approach can provide a steady stream of income while offering significant tax advantages under Spanish tax law. Exempt Sales … Read more
In recent months, the Supreme Court ruling of May 20, 2025, has generated a lot of interest, and with good reason. The ruling sets clear and necessary limits on an all too common administrative practice: the Spanish Tax Office assigning tax liabilities to directors simply because they are directors and hold that position. This ruling … Read more
In Spain, businesses and self-employed individuals must comply with a range of tax reporting obligations, among which Form 347 (in Spanish known as Modelo 347) stands out as a key instrument for fiscal control. Far from being a mere administrative formality, this annual informative declaration allows the Spanish Tax Office (Agencia Tributaria) to detect inconsistencies, cross-check transactions between companies, and combat undeclared economic activity. For 2025, the form includes a notable update, making an understanding of its requirements more essential than ever.
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