Bitcoin exchanges now exempt from VAT tax in Spain

TweetSpain’s General Directorate of Taxes (Dirección General de Tributos DGT) has announced it will treat all virtual currencies such as Bitcoin as financial payment methods and thus will be exempt from the VAT rate of 21%. Previously treated as a commodity, Bitcoin users were often taxed twice for purchases using the crypto-currency, however now the […]


How much IRPF and IVA should I be paying as a freelance worker in Spain?

TweetQ. How much IRPF and IVA should I be paying as a freelance worker in Spain? A. The IRPF (Impuesto sobre la Renta de las Personas Fisicas) is a progressive, direct income tax which is paid by your client as a withholding tax directly to the Spanish tax office (find out more here). Currently, freelance workers […]

A Freelance Guide to Autonomo Expenses in Spain

TweetWorking as a freelance professional in Spain can be costly taking into account Social Security charges, IRPF (income tax) rates, accountant and advisor fees, not to mention transport and living expenses. However, the Income Tax Return, filed quarterly and annually (by June 30 2015 for 2014 taxes), will gauge how much you’re taxed on your […]

Modernisation of Spain’s VAT tax reporting system

TweetHacienda have announced a new administrative system the Suministro Inmediato de Información (SII) or “Immediate supply of information” for facilitating the reporting of tax information from invoices for certain taxpayers. Effective from 1st January 2017, the new system will enable taxpayers to supply VAT (IVA) information from issued or received invoices within a four day time […]