How To Guides
- Childbirth & Education
- Legal Formalities
- Pensions & Benefits
- Property & Accommodation
Did you know...?
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Daily Brief - Tuesday 16 September 2014
- Corvera, Castellon & Ciudad Real : THIS is how you run a private airport!
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Pensioners 'misled' by Co-op Bank
- UK Inflation no problem for Governor Carney
- Retiro Park : Madrid
- Wincham announce opening of Marbella office
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
Further tax hikes brought to light
Further details of the increase in Spanish IVA, hidden away in the small print, have come to light.
In yet another illogical and seemingly desperate move, the central government has decided to increase the "retention" (or retained part of a self-employed, or "Autonomo's" monthly income) from 15% to 21% from 1st September until the end of 2013.
From 1st 2014 the percentage will be 19%.
A further nugget of wisdom buried away in the 2013 draft budget act is the upward revision of excise duty for biofuels, natural gas and butane. These increases will take effect from January 1st 2013 and run indefinitely, meaning the end of oil tax exemption for biofuels. The tax increases on oil alone are expected to net the Government 1,150 million euros per year.
Latest News & Stories
- Study reveals Barcelona as Spain's most expensive city
- Spain Warns It Will Block Independence Vote in Catalonia
- Corvera Airport "will not cost Murcia a cent"
- Orange to Buy Spain's Jazztel for EU3.1 Bln
- PP u-turn over Spain abortion reform
- 11 Years of Spanish Property
- Spanish Consumer Prices Fall Further in August
- Catalonia awaits Scotland Independence vote
- Spain 'could export 50% of all Europe's Gas requirements'
- Ana Botin succeeds as Chair of Banco Santander following death of Emilio Botin
- How and When to Submit your Spanish Resident Tax Return
- Capital Gains Tax in Spain
- How should I class my Business for Tax Purposes ?
- Alternative Energy Sources in Spain