Firstly, you register with the tax office (Agencia Tributaria or Hacienda) and secondly, you join the autonomo social security system (Regimen Especial de Trabajadores Autonomos or RETA). For the autonomo registration, you need a national insurance number for Spain (An NIE) and a Spanish bank account.

What are the tax laws in Spain?

The general flat income tax rate for non-residents is 24%, or 19% if you are a citizen of an EU/EEA state. Other income is subject to Spanish non-resident taxes at the following rates: Capital gains resulting from transferred assets are taxed at a rate of 19%.

How far can taxman go back in Spain?

The Spanish tax office can go back 4 tax years which in real terms is 5 years and 3 months from the end of a tax year.

Do I have to be autonomo in Spain?

The rules in Spain regarding autonomo status are strict. Regardless of whether your earnings are casual and small-scale – such as selling on eBay, selling at craft markets, running a Tupperware party, selling makeup, or if you do occasional after-dinner speaking – you do have to register.

What are the benefits of being autónomo in Spain?

Advantages of Being an Autonomo in Spain

• You can start quickly and easily and contribute only a monthly investment in social security costs.
• You can stop just as easily in case you don’t have earnings all year round, so you don’t have to pay social security when you have no income.

Is it worth being self-employed in Spain?

There’s no doubt that becoming an autónomo can be a stressful and costly process but to be self-employed in Spain brings its own rewards and for many people who comply with the system and utilise the services of a gestor to make their life easier, then it’s worth the hassle and effort in registering and meeting their …

How can I avoid paying tax in Spain?

Apply for the Beckham Law

1. The Beckham Law is a special tax regime that is applied to foreigners who come to Spain due to work reasons.
2. Basically that you can avoid paying a progressive income tax that can rise up to 45%, and pay a flat fee of 24% instead.
3. So, as you can see, this creates important tax savings for you.

Do I have to pay tax on my savings in Spain?

As previously stated, if you are a Spanish resident you will be taxed on your worldwide income from your savings, regardless where the savings are based. Your savings income includes any income from: Interesting from savings. Dividend payments.

Will my private pension be taxed in Spain?

Spanish tax residents will be taxed on all worldwide income which is not included as part of the savings income. This includes income from employment (i.e. salary), pension, rent and potentially income from gambling.

What kind of taxes do you pay in Spain?

This includes income from employment (i.e. salary), pension, rent and potentially income from gambling. The Spanish income tax is made up of two parts, a national tax and a regional tax. Typically each figure is the same, however there may be regional variations. Currently the Spanish income tax rates are as follows:

Why do expats have to declare their assets in Spain?

The purpose of the law is to reduce the amount of tax avoidance while also maximising Spanish tax revenue, primarily from expats living in Spain. Assets which are required to be declared include, but is not limited to:

Do you have to notify HMRC if you are living in Spain?

To ensure you receive your UK state pension, you will be required to notify the HMRC. You will also be required to notify the HMRC once you are deemed a tax resident in Spain which will confirm you are paying Spanish tax on your income.

When do you become a tax resident in Spain?

Typically you would be considered a tax resident in Spain if one or more of the following apply to you: These rules have been simplified for illustrative purposes, so if you are unsure you should always seek advice from a Spanish tax expert.