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…
With one month to go until the end of the year, we are at the right time to adopt measures that will help to reduce our IRPF Declaration 2018 (Personal Income Tax Declaration). Declaration to be submitted between April and June 2019. Next we will analyze those that may be more interesting and that will…
Entrepreneurs and investors in Start-ups, can be favored in their income tax return (IRPF) with tax benefits. These consist in the deduction of part of the invested money. In order to do so, certain requirements must be met. National Incentives for Start-ups. Incentives at the Time of Investment (Deductions) They will benefit from the…
Given the debate that the General State Budgets always generate, we will now deal with the main changes contemplated in their draft for 2019, and how they may affect our clients. Specifically in the labor field: SMI increase: will reach 900 euros per month in 2019 Minimum base increase for self-employed persons Progressive quotations in…
The Supreme Court (T.S.) determines that the “Impuesto de Actos Jurídicos Documentados” levied on public deeds for the constitution of mortgages must be paid by the lender (bank) and not by the client who receives the loan. We have all been surprised by this change in jurisprudence regarding mortgage costs. But today it is a…
On October 5, the Supreme Court ruled establishing the following legal doctrine: “Maternity benefits received from Social Security are exempt from Personal Income Tax“. Specifically, the Supreme Court considers that the maternity benefit paid by the National Social Security Institute may be incardinated in the case provided for in the third paragraph/letter-h of article 7…
On 4 September, Royal Decree Law 11/2018 was published and entered into force, transposing various European Directives, including the 2015/849 Directive on Money Laundering, which was necessary because Spain had not adapted its legislation to these Directives and therefore ran the risk of being sanctioned. Although this regulation only applies to the obligated subjects in…