New tax breaks for the newly self employed!

If you are newly self-employed (autónomo) and live in Andalucia, you may be eligible for any one of a range of regional government assistance plans, which will help take the edge off your social security payments as you take your first steps!

These regional tax aids are on top of state aid that you may also be eligible for. They are only applicable for residents of Andalucia.

Bring your self-employment accountancy to Cervantes Alárcon Consulting and we’ll make sure you’re signed up to all the tax aid you’re entitled to!

Contact us today

Here is a brief summary of Andalusian tax aid for the newly self-employed, correct as of the date of publication of this article. Please note that these are summaries of tax breaks currently being offered in Andalucia which we offer for informative purposes only.

We can only offer individual tax advice upon application, contact us.

1.- Just started?

If you’re just starting as a self-employed worker, the Andalusian government is offering a tax break meaning you can continue paying the reduced rate of €60 a month social security into the second year of trading.

2.- Under 30?

If you are under 30 years of age, the Andalusian government will improve the above tax break on your social security and reduce the monthly payment to just €30 a month for the first 24 months of trading.

3.- A mother returning to work?

If you return to self-employment after maternity leave, the state offers a tax break in your social security payments for the first year, bringing it down to just €60 a month. If you are eligible for the Andalusian improved tax breaks, you can continue paying this reduced rate during your second year of work as well!

4.- A farmer?

If you are about to become self-employed in the agricultural sector, Andalusia is offering a tax break which brings your social security payments down to just €50 a month for the first 24 months.

5.- Living in a small village?

If you are female and self-employed, and also live in a small village in Andalucia, a tax break is being offered meaning you only have to pay €30 a month in social security for the first two years of trading. This is an attempt to breathe life back into small villages that are facing extinction across the region. You have to prove that you live and work in a small village, defined as being a municipality with fewer than 5,000 people on the padrón.

Not just for the self-employed!

If you are involved in a co-operative, or a common joint ownership society (comunidad de bienes) you may also be eligible for these tax breaks.

It is important to note that there is an upper limit on the number of tax breaks being issued – once a scheme is full, no more applications will be accepted, even if you are eligible.

Sadly, these tax breaks are not applicable to autónomos running limited companies.

Contact Cervantes Alárcon Consulting today to find out how to apply for these tax breaks.

Maria Luisa

María Luisa Cervantes is a chartered accountant who graduated from the University of Granada in 2002. Founder of Cervantes Alarcón Consulting, she is an experienced accountant and financial advisor who is a member of the Almería guild of economists. With more than 15 years of experience in business administration and international trade, she is also a subject matter expert in the UK - Spanish bilateral agreements which cover the rights of expats to live, work and retire in Spain.