Tax technicians belonging to the Hacienda have recently released a report in which they express suspicion for self-employed persons (Autonomos) who report earnings of less than 12,000€ per year. What can this mean for you?
In many respects online businesses are similar to physical ones. The need for registration, invoicing, collecting and keeping invoices and, of course, paying tax remains. There are some difference in the treatment of the IVA though.
You might have heard that a limited company pays less tax than a sole trader when incomes exceed a given threshold. On the other hand, it has a greater cost to incorporate and maintain. When is it worth having a company? – Interactive Tool.