Countries sign treaties to prevent double international taxation in which certain rules are stablished in order to acknowledge a tax payment made in the other country.
When a freelancer works from home he should notify it to Hacienda, along with the area of the house that is used for the business and the percentage that this represents of the total if he is going to deduct expenses of utility bills and house related costs.
As the owner of a limited company, who is also a worker in it, you can set for yourself a salary. How does a salary affect the tax bill? When are dividends more tax efficient?
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.
Starting in January 2019, if you are working as intermediary between owner and tenant in a holiday rental you have a new formal obligation with Hacienda: submitting “modelo 179”.
On March, 29th 2019 Brexit will be effective. If finally an agreement is not reached that includes a transition period, on the 30th of March UK will leave the EU market.