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Is your Spanish tax planning up to date for 2023?

„ A new two-year solidarity tax on the wealthy is being introduced – are you affected?

„ With the recent changes to Spanish taxation of UK pensions, getting this wrong can prove costly – specialist advice is essential.

„ Many UK nationals remain liable for UK inheritance tax and frozen allowances could significantly impact your family – now is the time for strategic estate planning.

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The cuts come amid a huge €56.7 million fine by the Spanish government for violating employment laws. That was on top of a €79m fine in September 2022 for violations of labour law. Some 250 people will lose their jobs, with the recruitment and data departments in the Barcelona HQ being most affected. NEW freelancers in Spain got a nasty surprise when they were charged an extra €220 by the Social Security system. Some 8,000 new autonomos were charged the full rate of nearly €300 instead of the reduced charge that they should have enjoyed of €80. The government has pledged to refund the cash in March.

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