In this article we examine some oddities in the Spanish social security and income tax system for company directors/shareholders
Trying to understand wich country to pay social security is not easy and there are many pitfalls
The Spanish tax office is making extensive use of Big Data to track down tax avoiders, ad is having considerable success.
Claiming tax deductions for car costs for the self employed should be simple enough but, of course, it isn’t!
A summary of all the forms of economic help currently available to the self-employed under Covid-19 regulations
A brief foreword It will come as no surprise that Spain’s famously bureaucratic system has a truly rich array of tax forms that have to be filed by businesses and individuals. In this article we list and explain in brief terms the 20 odd most common tax forms that can apply to small scale businesses, … Read more
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 … Read more
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. It was even more unedifying when directors at … Read more
From 2014, the possibility of filing the tax declarations by hand will gradually be disappearing, so that they only can be submitted by internet. Last year the Spanish Government announced that the tax law would be modified so that, from 1 January 2014, all tax declarations can only be submitted electronically, so the possibility of … Read more
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