INCOME TAX SWINDLE

The spanish tax agency (Agencia Tributaria) warns of a new e-mailing swindle.

If you are asking for a refund over your 2009 Income Tax, be careful if you receive any e-mail at your inbox. Fake e-mails sent as "phishing" action, were detected on June 10th and inmediatly messures has been taken by the government in order to finish this fraud. It makes reference to a kind of information which "makes impossible" the refund. The e-mail forges the Agencia Tributaria signature and logo.

The e-mail ask you to fill personal data in an external link, again with fake Agencia Tributaria signature and logo. The tax agency suggest to be careful with suspect comunications. Even more if these e-mails ask for bank accounts numbers.

Finally, bear in mind that spanish tax agency won't ask you by e-mail for any personal or economic information, credit card numbers or taxpayers bank accounts.

OUR PRICE LIST

Here is an update with an extract of our price list.

Income Tax: 30€.
Non resident tax: 40€ (per form).
Self-employment registration: 90€.
Joint ownership company registration (comunidad de bienes): 250€.
Limited company registration: 800€.
Wills: 50€.

Accountancy and taxation fees per month:

-Self employment: 50€.
-Joint ownership company: 50€ per member.
-Limited company: from 100€.
-Labour: 20€ per worker.

Download our new leaflet.

For other services, please contact us.

2010 WORK CALENDAR

Click the link to download the 2010 Work Calendar.

2010 WORK CALENDAR

2009 RESIDENT TAX

Don't forget the 2009 Resident Tax deadline is 30 June 2010.

HOUSING SALES RISE FOR SECOND QUARTER IN A ROW

Spanish home sales rose in the first quarter of the year, albeit at a slower pace than in the last quarter of 2009, as the housing market showed signs of stabilizing
after a two-year slump. The housing minister said that sales in the period April-June were up 1.5 percent at 106,302 units after climbing 4.9 percent in the fourth quarter of last year. The ministry said the increase was due to sales of existing homes, which rose 31.3 percent, while sales of new homes decreased 21.5 percent from a year earlier.

SPAIN INCREASES ITS VAT RATES FROM JULY 2010

The 4% rate – to be kept at 4% in July 2010
This is applied to items considered to be of basic need. It includes basic bread,
frozen dough, eggs, cheese, milk, beans and fruit and vegetables.
Books, magazines and newspapers.
School material with the exception of electronic items.
Medicines for human use.
Vehicles for the disabled, wheel chairs and collective transport for the disabled.
Prosthesis and implants.
Official protection housing.

The 7% rate – to increase to 8% in July 2010
Foodstuffs in general, with the exception of those in the 4% band, soft drinks.
Animals destined for human consumption or breeding.
Items used in agricultural, farming and forestry activities, such as seeds and fertilisers.
Contact lenses and glasses.
Disabled lifts and items for the diagnosis of illnesses.
Health assistance services, social services, and dental work.
Imported artworks and antiques.
Hairdressing.
The handing over of housing, including garages and annexes.
House construction (between promoter and contractor).
Services supplied by artists and technicians.
Sports, cultural and recreational services, exhibitions and fairs.
Funeral services.
Hotel and restaurants, cleaning of streets and public gardens.
Rubbish collection.
Transport of passengers and motorway tolls.

The General Rate – now 16% to rise to 18% in July 2010
All other products, including alcoholic drinks, tobacco, animals used in
bullfighting, agricultural machinery.
CD’s.
Devices for the diagnosis and monitoring of pregnancy.
Television and radio services.

THE TAXPAYER AND RESIDENCE

While residents in Spain pay taxes on their income worldwide, nonresidents
are taxed only on their income from sources within Spain. That is why residency is so important.
A. Residence of the individual
Individuals are deemed to be residents in Spain when they meet any of the following criteria:
• They remain in Spain for more than 183 days during a calendar year. In order to determine the period of stay, sporadic absences are included in the count, except those where the tax residence in another country is proved. In the case of countries
or territories labeled as tax havens,the Tax Administration can demand proof of stay in that tax haven over a period of 183 days in a calendar year.
In order to determine the period of stay, temporary stays in Spain that are the consequence of contractual obligations in agreements of cultural or humanitarian collaborations performed free of charge with the Spanish Public Administrations are not included.
• Their main base or centre of activities or economic interests is, directly or indirectly, in Spain.
Also, it is presumed, except if proved otherwise, that a taxpayer has his usual place of residence in Spain when, using the above criteria, his spouse -not legally separated- and underage dependent children are permanent residents in Spain.
In addition, individuals of Spanish nationality who prove their new residency in a tax haven (Appendix V), will continue to be deemed residents in Spain for income tax purposes (Impuesto sobre la Renta de las Personas Físicas - IRPF), both in the taxable period during which they change their residency as well as in the four tax
periods thereafter. However, this rule will not apply to individuals resident in Andorra who prove their status as wage-earning workers, provided that they comply with certain requirements.
An individual will be considered either as resident or nonresident for the whole calendar year, because a change of residency does not interrupt the taxable period.

WELCOME!

Dear clients:

First of all, we want to introduce ourselves and expose all the services you can find in our office, located in La Mosca Shopping Centre in Orihuela Costa. We offer to you personalized service to cover all your needs about:

-Register a business.
-Accountancy.
-Taxation.
-Labour Advice.
-Conveyancing.
-Legal Advice.
-Insurances.
-Wills.
-Utilities issues.

And many services that we will add progressively.

You could find us in Orihuela Costa, Carretera Cartagena s/n -La Mosca Shopping Centre- Upstairs, Premises 8.

You can contact to us in this e-mail adress:

vpadvisers@gmail.com

Also you can contact us by phone:

965 327 714
(Mobile: 615 722273)

Finally, we propose you to frequently visit this blog, which will be updated with some news and information that may affect to you as citizen or to your business.

Have a nice day.

-VP ADVISERS-