accountant Marbella

The deductibility of the provisions for risks and expenses: Deductibility accountancy versus Tax purposes in Spain

Let’s take into account the situation of a company in Spain that is selling and distributing products to professionals providing a guarantee to end consumers. Are the corresponding accountancy provisions deductible for the company’s taxes in Spain? On a daily basis, the accountants of our law firm in Marbella are approached with Spanish accountancy and…

Inheritance tax in Spain

Spanish Inheritance less than 250,000 euros will not pay inheritance taxes in Andalucía

The Spanish region “Andalucía” legislation on inheritance procedures has suffered an interesting change in the application of the autonomic reduction for spouse and direct relatives by inheritance. New legislation on Spanish Inheritance Tax in Andalucía came into force on 1st January 2017. Thus, an autonomous reduction is established for Andalusia for spouses and direct relatives…

vastgoed advocaat in marbella

Everything you need to know about retentions or withholdings for selling properties in Spain

Welex: your conveyancing lawyers in Marbella. At some point, you might need to know more about the retentions that are carried out for the conveyance of properties in Spain by non-residents.  In such cases, it is important to know that the legislation is different depending on whether or not the seller is a resident of…

btw in Spanje btw in marbella

Input on the Spanish VAT on petrol and other deductible costs in Spain by Spanish accountants in Marbella!

Welex: your English-speaking Spanish accountants in Marbella The tax treatment and regulations related to value added tax (VAT) in Spain are some of the most complex parts of the Spanish legislative system. Therefore, when making your three-monthly tax return, many businesspeople and self-employed professionals may have questions about when certain “special” costs are deductible, and,…