The Spanish Economy and Tax Cuts
This last year has seen an alarming rise in the number of young people leaving Spain to seek work abroad. The UK has been one of the most popular destinations with a 50% increase in the number of Spanish people registering for a National Insurance number in 2013. Traditionally the northern Europeans have come to […]
Holiday Home Owners Automatically Debited Taxes & Fines – The Spanish Tax Office is now issuing private bank embargoes for failure to pay non-resident taxes
With Spain’s desire to improve its public accounts deficit, the tax collecting infrastructure has been significantly improved, enabling the tax office to recoup back taxes faster and more efficiently than ever before. This now commonly includes automatic debiting of owed taxes and late payment fines direct from non-resident bank accounts in Spain. As a holiday […]