Spain’s expatriate TAX regime (also known as the Beckham scheme, the Nomad Visa etc)
The tax regime introduced as part of the Nomad Visa has much wider application to those moving to Spain to live and work and does not just benefit online workers.
The tax regime introduced as part of the Nomad Visa has much wider application to those moving to Spain to live and work and does not just benefit online workers.
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
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
The Income Tax and Wealth Tax Declaration campaign is now underway. All tax residents of Spain are reminded that Income and Wealth Tax Declarations must be filed no later than 30 June.
In addition, Great Fortunes Tax Declarations must be submitted by 31 July.
Please contact us if you would like assistance, as we can prepare and file the declarations on your behalf.