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Accounting | Tax | HR | LegalImmediate Supply of Information on VAT – SII Spain
The Immediate Supply of Information (SII Spain) is an innovative online tool, promoted by the Spanish Tax Administration Agency (AEAT), to improve and facilitate the control of VAT (Value Added Tax).
Special scheme for expatriates, the Beckham Law in Spain
There is special treatment (called “the Beckham Law in Spain “) on offer for top executives who have moved to Spain with a personal income up to a maximum of € 600,000, which may be applied in the first year of moving and the following 5 years.
Extra hours and overtime in Spain
Controlling the working day is usually a problem for the employer, either because they don´t want their workers to feel controlled, because they don´t know which system to implement or because they are not interested in controlling the overtime in Spain. It is important that companies keep track of the days worked by their staff, so as to control the hours worked by each employee and have a justification for any legal issue.
The obligation of freelancers in Spain (or self-employed workers) to join the RED system
On 6 March, the Official Spanish State Gazette issued Order ESS/214/2018, which requires self-employed workers to join the RED System and receive online notifications. This is a new obligation of freelancers in Spain (or self-employed workers). This can be carried out either directly by the self-employed professional or through a RED-authorised third party, and will be mandatory from 1 October onwards.
Form 232: Related transactions in Spain
Form 232 is an annual informative declaration of transactions carried out with related entities and/or related entities located in countries or territories classified as tax havens.
Electronic Mailbox in Spain, the way to communicate with Spanish Authorities
The use of the electronic signature has been gaining influence since its voluntary implementation until becoming the only way to communicate with Spanish Authorities. It is of crucial importance the electronic mailbox in Spain is checked daily in order to avoid potential fines for not answering such requirements.
Non-compete agreement during employment and post-contractual non-compete agreement in Spain
Non-compete agreement during employment and post-contractual non-compete agreement in Spain are used by companies to prevent their employees from harnessing their expertise and training acquired in the company to provide other companies in the sector or those engaging in similar business activity with this knowledge, both during and after the employment relationship.
Disciplinary dismissal in Spain
A serious non-fulfilment caused by employees may encourage managers to make a unilateral decision to terminate their employment contract through a disciplinary dismissal in Spain. When making the decision to carry out a disciplinary dismissal, it is important to comply with all of the legal requirements so that the dismissal is not subsequently declared unfair or void.
Per diem allowances in Spain – Social Security and Taxes
The number of employees that have to travel for work reasons is increasing. As such, companies have to cover the expenses of these trips through what are known as per diem allowances (or expenses payments). The concept of per diem allowances in Spain, particularly their work and taxation processing, can cause confusion and doubts when implementing them in the company.
Payment in kind in Spain, benefits for the entrepreneur
Flexible remuneration (payment in kind in Spain) is a method that is being used increasingly more in companies to offer candidates more attractive and competitive salary conditions and to keep employees motivated.