As a Partner of Spence Clarke, I recently had the pleasure of attending a particularly special networking event organised by the British Chamber of Commerce in Spain, of which we are members. The occasion marked the launch of the yacht “Malex”, presented by Yacht in Style, and was held in Puerto Banús. The event took … Read more
Tax fraud in Spain is taken very seriously and, under certain circumstances, can constitute a criminal offense. It is essential for individuals and companies to understand the thresholds, risks, and corrective measures available to avoid escalating a tax problem into criminal territory. When Does Tax Fraud Become a Criminal Offense? Tax fraud is classified as … Read more
I recently had the pleasure of attending the Careers Day at Swans International School, an event that I was particularly pleased to support given my close connection with the school, as my daughter is a former pupil and I have always maintained an excellent relationship with the institution. For this occasion, I decided to attend … Read more
On Friday 13 February, Collective Calling hosted a charity event at the charming Coto Restaurant, on the Ronda Road, near Marbella. The evening brought together professionals, creativity and generosity in a relaxed and welcoming atmosphere. Spence Clarke was represented by Galina, Manager of the Administration Department; Helio, Senior Accountant; Rob, Financial Controller and IT Manager; … 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
Credit seizure orders are one of the most common and effective mechanisms used by the Spanish Tax Office (AEAT) to secure the collection of tax debts. Through this procedure, the Administration orders a third party—usually a client of the debtor, but it could also be a tenant, a contracting company, or anyone who owes money … Read more
We arrived early at La Cañada to take our team photograph beside the Christmas tree, wearing festive hats and jumpers to set the tone for a truly special day. From there, we headed to the bowling alley. While waiting for a few colleagues who arrived slightly later, we enjoyed a friendly warm-up with table football, … Read more
Spence Clarke, a proud member of the British Chambers of Commerce (BCC) in Spain, recently attended a seminar hosted by Hugo Investing. The presentation was delivered by Kaspar Huijsman, a CEO of Saxo Bank Spain and founder of Hugo Investing. The seminar provided valuable insights into how to protect and grow personal investments, offering practical … Read more
Last month, Spence Clarke was proud to sponsor the inspiring “Women Masters of Art” lecture organised by The Arts Society de la Frontera, held at the beautiful San Roque Club. Our team, María, Naroa and I, enjoyed a lively and engaging morning speaking with attendees interested in our work and the ways we support clients. … Read more
In recent years, there has been significant debate regarding the tax treatment of late payment interest in the context of taxation. Below, we explain how these interests are calculated and how they are taxed under the Spanish Personal Income Tax (IRPF). What are late payment interests? Late payment interests are intended to compensate the tax … Read more
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The Income Tax and Wealth Tax Declaration campaign is now underway. All tax residents of Spain are reminded that Income and Wealth Tax Declarations must be filed no later than 30 June.
In addition, Great Fortunes Tax Declarations must be submitted by 31 July.
Please contact us if you would like assistance, as we can prepare and file the declarations on your behalf.
Companies in Spain are reminded that Corporation Tax Declarations must be filed by 25 July.
Submitting the declaration within the official deadline is important to remain compliant with Spanish tax regulations.
We are available to assist with the preparation, review, and filing of your Corporation Tax Declaration.
