Chartered accountancy & living in Spain
When the tax authority (Hacienda) decides a debt with the government or one of it’s agents is unpaid and overdue, it has the right to freeze your bank accounts and take the amount straight...
If you are a Spanish business taxpayer affected by COVID19 and your income last tax year was under 6 million euros, you can ask for a deferral of payment of taxes due this quarter. Cervantes Alarcon Consulting brings you the very latest financial news on the subject.
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.
If you have an unused apartment in a tourist zone, you may be tempted by the offer of lucretive short term lets into letting it as a tourism let. But do your sums first...
If you are considering loaning money at zero or low interest to a family member to help them get their new business off the ground, be clever and loan the money to them, not...
It’s happened to every business-person at one time or another. A change in the order, a return or just a simple book-keeping mistake means that you have to issue a corrective invoice (factura rectificativa)....
The self employed have a determined number of expenses that can be deducted from their income as legitimate business expenses. In this article, chartered accountant María Luisa Cervantes, senior partner at Cervates Alarcón Consulting,...
A 5 minute guide for people who want to buy property or land in Spain. This article is divided into the following sections (click to jump there): Legal advice | Translators | Mortgages |...
Rate payers who put money into a new business last year may have the right to deduct up to 20% of the investment off their personal income tax. Check to see if this applies...
The Spanish tax authority Hacienda will require all online property rental portals to provide exact details upon landlords and income as from July 2018. The measure, announced in the strategic Tax Plan for 2018,...