M720 FAQs
The weird and wonderful world of the M720 explained with FAQs
Income tax – spread betting problems in Spain
We examine the Spanish taxation of spread betting and CFDs and the dangerous differences between the two
Cars and the self employed
Claiming tax deductions for car costs for the self employed should be simple enough but, of course, it isn’t!
End of year accounts review and tax planning for smaller businesses
Guidance for small business owners to help understand their accounts and avoid expensive mistakes and a few tax planning tips.
Potential tax problems for ERTE employees
Employees who receive ERTE payments need to plan for income tax that may become payable
Spanish tax residence rules and the problems caused by the Covid-19 travel ban (updated 31/05/2020)
Forced presence in Spain due to Covid-19 and impact on tax residence rules
Inheritance planning – using usufructs to pass on the family home tax efficiently
How to make the best use of usufructs when making inheritance tax planning decisions.
Income tax – rental income
Some peculiarities of Spanish tax treatment regarding rental income.
Countries considered by Spanish tax law as tax havens
Spanish tax law contains numerous anti-tax abuse provisions that discriminate against countries that are considered to be tax havens (paraisos fiscales). It has maintained a list of such countries since 1991 and the number of countries has gradually reduced over the years as countries sign tax treaties with Spain that contain an exchange of information … Read more
COVID-19 The chaos of the legislation so far……
The Covid-19 crisis has underlined the fact that Spain does not have a single Government. It has 18, and that is the ignoring the 8.131 municipalities, which, thankfully, have limited powers to legislate. Apart from the Government of the Spanish State, Spain has 17 Autonomous Communities, some of which have ambitions to become separate countries. … Read more
