Income tax for Spanish Residents

Fiscal Inconsistency and the repercussions.

Posted 09/09/2019 Natasha Meah LaylandPosted in Tax Inspection

Fiscal Inconsistency and the repercussions. The concept of Fiscal Inconsistency began to gain importance when, in May, the Spanish Tax […]

MATERNITY BENEFITS DECLARED EXEMPT FROM PERSONAL INCOME TAX

Posted 30/10/201823/03/2021 Natasha Meah LaylandPosted in Maternity Allowance, Resident, Social Security, uncategorised

Maternity benefits received from Social Security have been declared exempt from Personal Income Tax On the 3rd of October the […]

CAN I DEDUCT MY VEHICLE EXPENSES?

Posted 22/10/201823/03/2021 Natasha Meah LaylandPosted in Business Tax, Corporate Business, Income Tax

Can I Deduct My Vehicle Expenses? If you want to claim for a vehicle through your business, then be aware […]

ANNUAL INCOME TAX IN SPAIN FOR RESIDENTS

Posted 01/01/201709/03/2021 Natasha Meah LaylandPosted in Income Tax, Resident, Wealth Tax

If you are living and/or working in Spain, you will be liable to pay Spanish taxes on your worldwide income and assets and will need to file a Spanish tax return.
Spain is divided into 12 autonomous regions, and taxes are split between state and regional governments, with each autonomous region deciding on its own tax rates and liabilities. The tax year runs from 1 January to 31 December.