Company Tax – Page 4 – Spence Clarke

Possible Revolutionary New VAT Law for Small Businesses

05/04/202307/05/2010 by Alistair Spence Clarke

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. All the political parties have backed a proposed change in law to modify the current VAT law for smaller self employed businesses and companies, so … Read more

Tax Office Fights Against Tax Evasion

05/04/202307/04/2010 by Alistair Spence Clarke

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. In the Spanish system ‘substantial … Read more