Below we offer some very basic points on tax in Spain for residents and non-residents. It is every person’s obligation to pay the correct amount of tax; not one euro less nor one euro more! Tony Robbins. Tax is stressful. Tax in Spain is worse. Anyone who has had any dealings with the Agencia Tributaria (The Spanish tax authority) will… Read more »
A new tax expert joins the team.
We are delighted to welcome Rafa Hernandez to the Spanish solutions family. Rafael Hernández Rafael is from Murcia City. His talent is to help companies, like Spanish Solutions to get better results from an outstanding organisational system. Rafa decided to study for a degree in Business and Administration at the University of Murcia. Later he studied for a master degree in… Read more »
MODEL 720: OBLIGATION TO DECLARE ASSETS LOCATED OUTSIDE SPAIN
The deadline for submission of the Model of 720 (January 1 to April 1, 2021). All the Assets and rights located abroad and valued above 50,000 euros must be declared. It is a purely informative presentation, but of an essential nature. Since the penalties for its non-filing or out-of-time submission are high. Under the “anti-fraud” plan launched in 2013. The… Read more »
Reform of the Autónomos system for self-employed workers in Spain.
There are 3.2 million self-employed people in Spain, around 16 per cent of the country’s working population, including many foreigners. All the information about the new Reform of the Autónomos System Mechanics. Hairdressers. Freelancers. Estate agents. Builders and trasdesmen… Many more. According to leaked reports this week, the Spanish government is ready to change the controversial way social security contributions… Read more »
Initiatives to help Small Businesses in Spain
Many small businesses in Spain are suffering from a short term cash flow crisis. The government is trying to help and has two new measures released this week. Loans for Small Businesses We spoke previously in a blog post about the 10-year loans at an interest rate of 0% for small to medium sized companies (small businesses and medium businesses)… Read more »
Holiday Home Costs Increase for British post Brexit
Some people have asked us if their holiday home costs may increase post Brexit, if it takes place on the 31st January 2020. Currently, yes they will. Many people do not realise this, so we think it important to inform you. Firstly, non resident taxation:- Non Resident Taxation One tax that is likely to increase if the UK leaves the… Read more »
Spanish Residency (TIE)
From time to time we have clients say to us that on many websites it says after 3 months you must get residency (TIE). On other law office’s websites it says that after 6 months you are legally resident in Spain. Here, we explain all you need to know about Spanish Residency (TIE) For British Citizens. This causes a great deal… Read more »
Sale and lease back in Spain
All you need to know about sale and lease back Property in spain. We completed a deal and received a positive testimonial from a client who sold his property portfolio in and around Cabo roig/ Villamartin to a buyer who was only looking for investment. Please read below. It got us thinking is sale and lease back a good idea… Read more »
Legal help in Pilar de La Horadada.
October 1st 2020. Update on Pilar de La Horadada office: Unfortunately, we have decided to listen to our own advice and the office in Pilar De La Horadada will not reopen until Easter 2021. We are still very much available to help our clients with legal help, property advice, tax-efficient plans etc. from our La Zenia office and we can,… Read more »
Renting your home in Spain
There are many things that you need to rent your home in Spain, not just a good estate agent. Spanish Solutions work with a number of top agents in the region from Alicante to Murcia and everywhere in between. Although we are “only” a law and taxation office, we have a Spanish property package that may suit you, save you… Read more »