Chartered accountancy & living in Spain
• Not being a citizen of a state of the European Union, the European Economic area or Switzerland, or a family member of citizens of these countries to whom the Union citizen regime applies....
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...
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,...
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...
If you are non-resident in Spain but have a Spanish registered car, you may be unwittingly registered as a Spanish tax payer – meaning you are liable for changing your foreign licence to a...
It is easier than you may expect to become a familia numerosa, or large family. And the benefits are worth it. Here’s an overview of who is eligible. Benefits State deductions – The parents...
If you have income from the UK and are resident in Spain, you need to declare the money on your annual tax form. By efficiently using the UK and Spanish tax treaty, you may...
If your balance sheet is healthy, why not take a dividend from next year on this year’s account? It can save you on tax if you haven’t used this year’s tax allowance on dividends…...
Imagine you are planning to move from your current house to a new one, and want to donate your current home to your children. You may be better off selling the house and giving...