by Natalie | Apr 24, 2021 | Legal & Financial
As is well known, chartering in countries like France, Italy or Malta can benefit from really reduced VAT rates on charter fees. This is not the case in Spain. What is the reason why? Let’s find out what are the legal grounds on which this VAT reduction is based...
by Natalie | Apr 18, 2021 | Legal & Financial
From a tax standpoint, charter yachts are considered a hiring of Means of Transport, which is a service for VAT purposes. The VAT treatment depends on a number of factors including the period of time for which the Means of Transport is hired, the VAT status and...
by Natalie | Mar 12, 2021 | Legal & Financial
The first tax returns for non residents is approaching and all UK tax resident owners of real estate in Spain (dwelling, apartments, premises, etc. who obtain income derived from immovable property, that is rentals, will see how their tax bill in the Non-Resident...
by Natalie | Mar 3, 2021 | Features, Legal & Financial
The applicability of VAT on APA funds and delivery fees is a controversial issue, as different jurisdictions have different approaches to the situation. We will try to provide here our view on the correct tax treatment in accordance with Spanish tax regulations. We...
by Natalie | Feb 19, 2021 | Legal & Financial
The Brussels-based International Marine Certification Institute (IMCI) has founded IMCI (UK) in Liverpool to ensure that recreational boats placed on the British market meet the country’s post-Brexit technical, safety and environmental standards. The European Union’s...
by Natalie | Feb 12, 2021 | Legal & Financial
After Brexit and facing the end of the COVID pandemia it might be convenient to reschedule our activity or business for residence and tax purposes by operating through a Spanish Companyinstead as entrepreneurial. The most common vehicle is through the incorporation...