A ´Sociedad Civil´ is the legal form of a partnership business. Similar to a limited company,but with some fundamental differences. What is it? Is it recommendable for you?
Do you know what to include on an invoice? When to add ‘retention’? What if you find a mistake in an invoice that you already gave away? When to issue a simplified invoice? Find answers to these and other questions in this post.
Some times your clients give you a deposit in order to buy items or pay for services in his behalf.How should you include these in your invoices? In what cases do you have to include it as an income?
When you purchase a new item for your business you may be given a ticket as proof of payment. This is not valid to offset the expense against your tax. Learn what you should look for in a valid invoice for tax purposes and why this is important.
Some type of expenses fall in a grey area: those for which it is difficult to draw the line between business and personal use. What to do in this case?. Take your car and its petrol, for example. How to offset the petrol against tax? What if you buy a car?
Can you not pay your tax bill by the deadline? Is there something that you can do? Will you need a deferred tax payment? What is the worst-case scenario?