Personal Income Tax

Income Tax 2024 Season: When payments run fast and refunds lag behind

On June 30, 2025, the Spanish Tax Agency (Agencia Tributaria) officially executed the first installment collection of the Impuesto sobre la Renta de las Personas Físicas (IRPF) for the 2024 fiscal year. As every year, the date marked a moment of reckoning: for some, a withdrawal; for others, a windfall. Taxpayers who opted for the … Read more

Digital nomads and the Beckham regime – Spain’s new tax duo

Spain has long been a magnet for globally mobile professionals. With the launch of its Digital Nomad Visa (DNV) and the expansion of the so-called Beckham tax regime, the country now offers not just lifestyle, but a highly competitive fiscal proposition — at least for those who understand the rules. At first glance, the combination … Read more

Salary Bonus vs Dividend: What’s the Best Option for Working-Partners?

When business partners who actively work in their company consider extra compensation, they usually have two options: receiving a salary bonus or taking dividends. The choice isn’t always straightforward, as each option has different tax implications and costs. Understanding these differences can help determine the most beneficial route. A salary bonus is treated as regular … Read more

Changing a Bank Account in Spain

Changing a bank account in Spain is a common step for residents and non-residents alike, but it requires careful planning to avoid complications. Whether you’re switching banks for better services, changing from a resident to a non-resident account, or simply looking for lower fees, there are several important aspects to keep in mind. Reasons for … Read more

Is your property overvalued for tax purposes? This is what you can do

If you have recently bought, inherited, or been gifted a property, you might be in for an unpleasant surprise when calculating your taxes. The tax office doesn’t just consider the price you paid (or the value stated in the deed)—they rely on a reference value set by the government. The problem? This reference value is … Read more

Why more U.S. Americans are becoming tax residents in Spain

With Donald Trump securing re-election in November 2024, many Americans are reassessing their future, including where they want to live and pay taxes. While political shifts often prompt individuals to consider relocating, Spain has long been an attractive destination for expatriates, thanks to its sunny climate, rich cultural heritage, and relatively low cost of living. … Read more

2025 Tax Innovations

As Spain ushers in the new tax year, taxpayers are greeted with some notable updates. While there aren’t many sweeping changes, a few key adjustments could significantly impact high-income earners, property owners, and those with investment interests. Here’s an overview of the most relevant tax developments for 2025. Higher Tax Rates on Large Incomes and … Read more