Form 420 must be submitted to the Canary Islands Tax Authority to comply with tax obligations. That is why we have created a guide where you will learn the procedure to follow, delivery times, differences with VAT and more. Let’s get started! Content What is Model 420 and IGIC? How to fill out Form 420…
Understanding what common contingencies are is vital for both employees and companies. For this reason, we teach you what situations fall into this category according to Social Security, how the regulatory base is calculated, workers’ rights and more. Let’s get started! Content What are common payroll contingencies? Types of common contingencies How common contingencies are…
In today’s fast-paced world of work, your job category is essential if you want to know where you fit within a company or industry. Not only does it determine your job responsibilities and rights, but it also directly influences your career development and growth opportunities. Knowing your job category is essential for career planning and…
The concept of reverse charge tax may seem complex at first, but understanding it is essential for any business owner or professional who wants to operate within the appropriate legal framework. In this article, we will explain in detail what reverse charge tax is, when it applies, and how to handle it correctly to avoid…
The IPSI is of great importance in some specific regions of Spain. Throughout this article, we explore in depth what the IPSI is, its purpose, and how it differs from other more common taxes such as VAT and the Canary Islands IGIC. In addition, we will analyze the fundamental elements of the IPSI, the applicable…
Deductible VAT is widely used by companies, freelancers and professionals in Spain. For this reason, we decided to create a basic guide with everything you need to know about this type of VAT, how it works, requirements to apply it, its limitations and more. Let’s get started! Content What is deductible VAT? What types of…
Keeping records in the journal is essential for you to comply with your company’s accounting obligations. This is why we created a basic guide where you will learn about the importance of the book, its structure, characteristics, common mistakes and more. Let’s get started! Content What is the journal? Features of the journal Importance of…
VAT for the self-employed is essential for the correct tax management of any independent professional. In this article, we will analyze in detail what VAT for the self-employed is, how it affects the self-employed and what obligations and particularities they must take into account to comply with current regulations effectively. Content What is VAT and…
Understanding what intra-community VAT is all about is essential if your company carries out transactions within the EU. That’s why we decided to create a complete guide where we teach you what it is, how it is applied and declared, and more. Let’s get started! Content What is intra-community VAT? Requirements for applying intra-community VAT…