Contract for Training and Learning

Today we will learn more things about a form of contract which is gaining popularity in many sectors and companies that need to hire workers. This is the contract for Training and Learning (Contrato para la formación y el aprendizaje).

Spanish exports hit record highs last year

Spanish exports hit record levels last year, which helped reduce the trade deficit to its lowest recorded level, the government said Friday.

Overseas shipments in 2013 climbed 5.2 percent from a year earlier to 234.239 billion euros, the highest level since records began in 1971, the secretary of state for trade, Jaime García-Legaz, told a news conference. Imports declined 1.3 percent to 250.195 billion euros as domestic demand remained weak. As a result, the trade deficit narrowed 48.1 percent to 15.955 billion euros.

Are the utility bills deductible if you work from home?

One of the most common questions asked by our clients, self employed people or limited companies, who work from home is if it is possible to deduce through  the accounting activity costs such as electricity, water bill ... While we have already discussed this in the past, today we bring other solutions following recent consultations with the administration .

NATIONAL FEDERATION OF SELF-EMPLOYED SUGGESTS CHANGES TO GOVERNMENT

The National Federation of Self-employed Workers (ATA ) has suggested several measures to get applied on the forthcoming tax reform. These have been studied in a meeting between the president of ATA and the Tax Office Minister, Cristobal Montoro.

The main proposals suggested are :

- Professionals retentions (withholdings): Right now the general rate for professionals during 2014 is 21% and the proposal is to be progressive , as it must not equal to retain  21% having low incomes than for higher incomes levels.

CAN I WORK AND COLLECT UNEMPLOYMENT BENEFITS AT THE SAME TIME?

The Law regulating the unemployment benefits has suffered over the past year a number of changes to make it more flexible. There are several situations in which a person can perform paid work for others or as self-employed without losing the right to receive the benefit.

So far, the provision was compatible with part-time work; however, there are other circumstances in which it is possible to perceive the unemployment benefits while an activity is performed.

CONVEYANCING: TAX RESIDENT IN SPAIN SELLING A PROPERTY

Last week we were checking about the process for a Non Resident tax payer of selling the property owned in Spain, and today we will be checking the case of a Spanish tax payer seling a property.

The main tax involved will be the capital gains tax to be declared in the Annual Income tax. First of all, it is needed to know (in a similar way as it was happening for the Non Resident case) if there was any gain or  loss.  And for doing this we need to compare the updated acquisition price with the selling price.

A new change on the electricity invoicing system

Minister of Industry, Energy and Tourism, José Manuel Soria , has reported that the new pricing mechanism for electricity consumers can choose which companies will deliver for a year or to be billed in by price per hour.

The minister explained that this system will be fixed after getting applied the temporary one approved for the first quarter after the auction last December, as is set aside and considered necessary to introduce new billing mechanisms.

CONVEYANCING: NON RESIDENT SELLING A PROPERTY IN SPAIN

At this moment, many people are thinking in Selling their property in Spain and coming back to their country or to face the purchase of another holiday home. Today we are knowing more about the process and costs involved in the selling of a house.

Thinking on the mainly taxes and costs, the fiscal law for Non Residents sellers obliges the buyers to keep the 3% retention of the selling price to pay it to the tax office in behalf of the sellers as an advanced payment of the Capital gains tax.

Switzerland votes to restrict the entry of citizens of other countries

The Switzerland have decided in a referendum back to limit the entry of citizens of countries of the European Union  to its labor market , through the setting of annual quotas to be implemented within three years.

The official results of all Swiss - with cantons exception of Zurich, where he is completing the scrutiny of a final district can not change the final result- indicate that the initiative " Against mass migration " has been accepted for 50.4 % of votes.
 Given by the far-right party , the Democratic Union of the Centre ( UDC ), also restores the principle of preference for domestic versus foreign worker , which was abolished for all workers from any of the countries of the European Union .

Step back on increasement of Social Security quotas for civil companies members

Some good news as the Social Security states that self-employed administrators and partners of civil companies (including named as SC and CB) are not subject to any quota increase . This was a point that on the last days has been discused a lot due to the change on the Social Security Payments increase that are affecting the administrators of capitalist companies.

Why now is the best moment to become Self-Employed (Autonomo)?

At this moment you can take advantage on the benefits applied on the taxation, social security and public helps available to establish your own business as self-employed because now  is cheaper and more convenient than ever.

Reduced Social Security fees

If you are under 30 years, during the first 6 months of activity the fee is around 50 € , a reduction of 80 % over the normal fee . In the next 6 months , the reduction is 50% and in the 18 months following a reduction of 30 %. 

If you have 30 years or more , during the first 6 months of activity fee is around 50 € , a reduction of 80 % over the normal fee . In the next 6 months , the reduction is 50% and in the 6 months following a reduction of 30 %. 

Free Self-Employment Registration

 

Our office is a PAE, the only business office in Orihuela Costa registered at the Industry, Tourism and Commerce Ministery as PAE in order to offer FREE BUSINESS REGISTRATION (Free Self Employment Registration and Companies Formation) to all the persons that are looking for a new business life.

Council of Europe slams Spain for denying healthcare to illegal immigrants

 

The economic crisis has undermined social protection in Spain. The Council of Europe, which oversees respect for human rights in 47 countries on the continent, on Wednesday expressed concern over "regressive legislative developments concerning access to health care by foreigners illegally present in the country."

The conclusion is part of a wide-reaching report by the European Committee on Social Rights that examines whether national laws conform to the European Social Charter.

Crisis causes underground economy to flourish in Spain

 

The crisis has caused Spain’s black market economy to grow significantly over the past few years, according to a study released Wednesday by the union of the technical staff of the Finance Ministry (Gestha).

Gestha’s report calculates that the value of under-the-table business in 2012 amounted to 253 billion euros, equivalent to 24.6 percent of GDP – that’s 6.8 percentage points, or 60 billion euros, more than at the start of the crisis in 2008.

Distribute benefits among partners or self-financing?

The primary purpose of anyone who starts a business is to maximize the benefit of the business with the ultimate goal of being able to increase their income once they have satisfied all legal obligations and this benefit distributed among the partners or shareholders of the company .

Are you self-employed and need a new car? Companies can benefit from the new Plan PIVE-5

 

The Council of Ministers approved on Friday the new Plan PIVE -5 , which will support the purchase of efficient vehicles and which may , in addition to individuals, the self-employed and  small and medium size companies. .

This new edition will remain for twelve months or until the budget for it, which is 175 million is exhausted.