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Small change

COLOMBIAN cafe chain Juan

Valdez will be opening a flagship shop in Madrid as part of its plans to have over 100 outlets across Spain by 2027.

The coffee retailer will open its new store in Madrid’s 36-storey Torre Caleido skyscraper next month.

It already has four Juan Valdez Express stores in Madrid’s La Gavia, El Ferial, Príncipe Pío and Plenilunio shopping centres, primarily catering for take-away customers. However, the new flagship store will feature indoor and outdoor seating alongside a retail space and it will also offer a coffee-based cocktail menu during the evening.

€50,000 - 21% income tax

Between €50,000 and €200,000 - 23% income tax

Over €200,000 - 26% income tax. Losses can also be declared and may translate into paying 25% less annual tax during the following four years. Those who have virtual currency but are not trading do not have to include them in the IRPF declaration form. This comes at a time when the Olive Press is doing an ongoing investigation on crypto company Globix. It is alleged that Globix bosses took out €11 million just before the company collapsed.

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