Taxes and Finance in Spain

Learn more about finance and taxes in Spain. We offer overviews about income taxes, property taxes, capital gains, inheritance taxes, and more.

Spanish Inheritance Tax

Spanish Inheritance Tax: 4 Steps to Calculate it

Calculating the Spanish Inheritance Tax is not as simple as it appears. There are several aspects that need to be considered in order to calculate the amount of Spanish tax that will be due. In this article, we will take a look at key points…
Tax in Spain for Residents

Tax in Spain for Residents: Everything You Need to Know

If you are a tax resident of Spain, there are certain tax rules that apply to you. In this blog post, we will go over the different types of taxes that you must pay if you are a resident for tax purposes in Spain. Keep reading for more information. Tax…
Plusvalia tax

Plusvalia Tax: Everything on the Municipal Capital Gains Tax

When you sell a property in Spain, you are liable to pay a tax called Plusvalia. This article discusses what the Plusvalia is, how it's calculated on the property price, and who needs to pay it. What is the Plusvalia tax? The Plusvalia Tax…
VAT Spain

VAT Spain: Rates, Types, Meaning, Due dates, and FAQ

The VAT rate in Spain is 21%. VAT stands for "Value added tax" and it's a tax in Spain that has to be paid when selling goods and services. In Spain VAT is called the IVA, which stands for (Impuesto sobre el valor añadido). In this article,…
Financial Advisors in Spain

A Guide to Financial Advice for Expats in Spain

Financial advisors in Spain are professionals that help you with financial planning and help to provide financial services. They work as tax planners and financial planners and often give financial advice and information, including options for…
Corporate Income Tax in Spain

Corporate Tax Spain: Rate, Due Dates, and Laws

Spain has its own set of corporate tax laws and owns corporate tax rates, which are different to other countries. Whether you are already running or still need to form a company in Spain, knowing what corporate income tax you will need to pay…
Modelo in Spain

Common Spanish Modelo’s: Numbers, Meaning, and Uses

If you already have an existing business in Spain, or you already live in Spain, you might be familiar with some the modelo's. These are forms you have to fill in, and they are mandatory by the Spanish tax authorities. At SpainDesk, we have…
Modelo 720

Modelo 720: Meaning, Due Date, Rate, and Penalties

As a Spanish resident, you must use the Modelo 720 to report your overseas financial holdings when the total value of all the specified overseas assets in which you have ownership in, is more than the specified reporting threshold. The form…
Taxes Spain

Taxes in Spain: A Complete Overview for Expats

As in most developed economies, Spain supports its welfare and social services system thanks to taxes. Spanish residents, non-residents, and citizens enjoy numerous social programs that taxpayers pay for through various taxes. The Spanish tax…
Wealth tax in Spain

Wealth Tax in Spain in 2021: What Do You Need to Know

The Spanish wealth tax, otherwise known as 'Impuesto sobre el Patrimonio,' is an annual tax placed on wealthier individuals and families in Spain. While this form of taxation doesn't necessarily apply to most people, it can significantly impact…
Capital Gains Tax in Spain

Capital Gains Tax in Spain: Tax Guide When Selling Property

If you live in Spain or are planning on investing in property or other assets within the country, you may eventually encounter the capital gains tax when it comes time to sell the property. It is important that you become acquainted with the…
Autónomo tax Spain

Autónomo Tax in Spain: Types, Returns, and Deductions

Every person that is self-employed in Spain is required to pay autónomo tax in Spain. The autónomo tax consists of three parts. The income tax, the vat tax, and social security contributions. Both income tax and vat tax are paid with a…
Beckham Law in Spain

Beckham Law Spain for Expats: Benefit, Conditions, Filing

The Beckham law creates opportunities for expats to save money. It is also know as the Special Expats’ Tax Regime (“SETR”) or Régimen Especial para Trabajadores Desplazados. Knowing the rules to take advantage of this law allows you to…
Non-Resident Tax Spain

Non-Resident in Spain: Tax And Other Information

If you are planning on relocating or buying a property in Spain, you may be faced with the decision of whether or not you want to be a non-resident in Spain. If so, there are several things that will need to be taken care of in advance. This…
Buying property in Spain

Buying Property in Spain: Everything You Need To Know

Buying a property in Spain can seem like quite the task, but it doesn't have to be. Here we will cover what you need to know before buying Spanish property and some of the best ways to find properties for sale. This article is meant as a guide…
Buying property in Spain: Taxes and Costs

Costs Buying Property in Spain: Taxes and Services

Spain has no shortage of excellent property options for commercial and residential purposes. Spanish property prices are relatively lower than in many neighbouring countries and capital cities. Let’s explore the ins and outs of costs and fees…
What is a Gestoria

What is a Gestoria?

In Spain, the word "Gestoria" or "Gestor" is someone who you go to for diffuculties with Spanish bookkeeping, accounting or taxes. Whenever you have any problem or are stuck in finance or administrative difficulties, people advise you to go…
Income tax in Spain

Income Tax in Spain in 2021: The Essential Guide

On the one hand, personal income tax in Spain is a complicated and, at times, confusing and lengthy process. On the other hand, understanding personal income taxes and your liability is crucial to avoid severe fines. Income tax is one of the…
Rental income tax in Spain

Rental Income Tax in Spain: Types, Deductibles, and Rates

In this article, we will discuss the rental income tax in Spain. Among the taxes in Spain, rental income tax is a widespread Spanish income tax. Read this post for an overview about the types of rental income tax and the different rates. What…
Investments in Spain

Investing in Spain

At SpainDesk, we can help you with advice about investments in Spain. Here we have lined up popular investments that are currently being done in Spain. SpainDesk provides financial service in Spain. We know that investing is a big decision that…