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Michael Egan

Important employment and self employment incentives

The Spanish social security system is difficult for foreigners to understand and is extremely expensive for employers. The good news is that the government has at last introduced some meaningful employment incentives in the 2014 social security system. They really broke the mould with these incentives, well 50% broke anyway, as one of the new … Read more

Spain’s new VAT cash accounting regime – Or, how to turn a good idea into a bad one

When I heard that Spain was bringing in a new VAT cash accounting system, I was stunned. The first thought: how very progressive for Spain. However, then I read the law and how it will work, I quickly changed my mind, it would seem that the lawyers and governmental bureaucrats who wrote the law just … Read more