On April 2, 2019, the 2018 Personal Income Tax (IRPF) 2018 declaration campaign began. As a consequence of the publication in the B.O.E. of Law 6/2018 of 3 July on the General State Budget for 2018, a series of modifications have been introduced that affect Personal Income Tax (IRPF) 2018, and which it will be important…
The Tax Form 720, regulated by the Spanish Royal Decree 1558/2012, dated 15th November 2012, introduces the obligation to declare bank accounts, securities and life insurance contracts/rights, as well as real estate located abroad and owned by Spanish residents. It is imposed without discrimination on all Spanish taxpayers, natural persons or legal persons. As Tax…
The Taxation of Digital Content Creators is often a matter of doubts and questions. What is the best formula for a creator if through a society or not. From our Tax Consulting Department, we try in this note to bring a little light on the matter. Especially for Digital Content Creators, for Youtube, Facebook, Instagram,…
With less than two months to go before the deadline for the UK’s exit from the European Union, the Brexit Effects continue to be surrounded by uncertainty. Generating a major bewilderment as to what their final agreement, if any, will be. 29/March/2019 is the date for departure from the EU, except for last-minute changes. The…
We have made a brief summary with all the News for Self-employed in 2019, in accordance with the entry into force of Royal Decree-Law 28/2018 of 28 December, for the revaluation of public pensions and other urgent measures in social, labor and employment. News for the Self-Employed. Coverage with a mutual insurance company Since 1…
Taxation of non-residents in Spain, regarding the ownership of a property in the country. They must pay Non-Resident Income Tax for two reasons: namely, non-residents must pay taxes for rent income received and also for the “attributed income” for the days when the property was empty during the year. In order to submit the tax…
Individuals, Expatriates in Spain, who become Spanish tax residents as a result of being posted to Spain. Or also the acquisition of a position of director in an unrelated entity. As long as certain requirements are met, they may choose to pay tax as Spanish tax residents. According to the scale of progressive personal income…
The UK’s exit from the European Union, or Brexit, will take effect on 29 March. It will therefore become a “third country”. If no agreement is reached on an exit that includes a transitional period, this exit will mean that, from 30 March, the United Kingdom will leave the single market and the customs union.…
The Regional Government of Madrid (CAM) approves a Tax Rebate in Madrid last December 5th. The Plenary of the Regional Assembly approved the Law of Fiscal Measures of the Community for 2019. It contemplates a package of tax reductions in the IRPF that will be applied retroactively already for this declaration 2018. As well as…
The Treasury approves the form to request the return of Personal Income Tax IRPF) for Maternity and Paternity Benefits. Published on its website and became operational the same afternoon yesterday. For Maternity and Paternity Benefits collected from 2014. Remember that last October 3, 2018, through Judgment 1462/2018, the Supreme Court established as legal doctrine that…