by Natalie | Nov 13, 2019 | Legal & Financial
Last year the Royal Decree-Law 16/2018, of October 26, 16/2018, of October 26, approving certain measures to combat the illicit traffic of people and goods in relation to the vessels used justifies such measures in the anti-smuggling policy, established a series of...
by Natalie | Oct 22, 2019 | Legal & Financial
Spanish Matriculation tax is a rara avis in the European tax landscape of the yacht chartering industry. This is a 12% tax on the full value of the boat, hence the large risk when evaluating this tax obligation. The main problem with Spanish matriculation tax is the...
by Natalie | Oct 9, 2019 | Legal & Financial
Rising longevity is a big challenge facing our society, but one that can be managed with foresight and planning. The German Chancellor, Otto von Bismarck, introduced the world’s first state pension in the 1880s. You had to be 70 years old – and the expectation...
by Natalie | Sep 18, 2019 | Legal & Financial
As your business gets bigger, you may need to make some changes to stay ahead of the pack. Reaching £1 million turnover is an important milestone for any business, but it should also be a time to review and refresh. You started your company because you saw a gap in...
by Natalie | Sep 11, 2019 | Legal & Financial
If you are self-employed, you must know at the time of closing the year that you have the possibility of applying the same tax incentives as small businesses. In the case that you carry out your activity as an individual natural provided you generate a turn-over...
by Natalie | Sep 4, 2019 | Legal & Financial
Refits are part of a yacht’s lifecycle. The costs incurred in restoration and repairs are significant and often include an additional 20 to 22% of VAT, depending on the country where the refits are made. If you are incurring these costs as a business and such costs...
