Spence Clarke & Co. Chartered Accountants - Tax Consultants - Company Law

A New Law for the Self Employed (Autonomos) in Spain

Miguel Ángel Blanca Prieto 30 November 2017

Self employed persons (autonomos) and small companies represent 95% of the Spanish economy. In particular, autónomos are very relevant to the growth of the Spanish economy although there have been very few incentives to stimulate the creation of small business from a tax and social security perspective. The Spanish Government made a timid effort in 2013 but recent pressure from the centre-right political party Ciudadanos has brought into law new measures to help autonomos set up new businesses and create employment. These are measures that should have been enacted years ago but its better late than never!

Paying Company directors what they are worth

Alistair Spence Clarke 26 November 2015

The dubious sight of well-paid businesspeople walking away from soon to be bankrupt companies—but not before pocketing millions of Euros (in some cases hundreds of millions of Euros)—rightly raised a stink, particularly with those less fortunate employees who lost their jobs and shareholders who lost their money.

No more tax filings by hand from 2014

Daniel Blanca Prieto 30 January 2014

From 2014, the possibility of filing the tax declarations by hand will gradually be disappearing, so that they only can be submitted by internet.

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

Michael Egan 30 October 2013

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 do not know how small businesses work in the real world.

Will Rajoy Have What it Takes After the Spanish Elections on Sunday?

Alistair Spence Clarke 18 November 2011

Election day on Sunday 20th November should produce a dramatic change in Government for Spain. But what will this mean?

Possible Revolutionary New VAT Law for Small Businesses

Alistair Spence Clarke 07 May 2010

There is a new proposal for a substantial change in VAT law that will allow small scale self employed businesses and companies to pay VAT on their real sales income.

Tax Office Fights Against Tax Evasion

Alistair Spence Clarke 07 April 2010

The Spanish Government intends to approve a number of changes in legislation to strengthen the tax office's armoury against the black economy and tax fraud. They propose to modify the Penal Code so that substantial tax fraud may be penalised with up to 6 years (currently four years) in jail.