Tuesday, May 18, 2010

Tax Doesn't Have to be Taxing!


Spanish Residents tax returns for 2009 have to be submitted by 30th June 2010.

Tax doesn't have to be taxing especially when you can park 10 minutes away from your tax advisor's office and take a pleasant walk along Benidorm promenade like this morning..........





before turning right into Calle Martinez Alejos in Benidorm Old Town:


Tax doesn't have to be taxing when all you have to do is provide your advisor with evidence of income for 2009 then she does the calculations and provides the forms for submission to the tax authorities:

Earned Income or Pension
+ Bank Interest earned
+ other income
-----------------------
=Total Income
- Personal Allowances
-----------------------
= Taxable Income
x 24% = tax payable

To provide a figure for personal allowances could be misleading because they are what they say - personal to the individual or couple making the return.

Tax doesn't have to be taxing because I left the office with all the forms necessary to pay the tax for 2009 at my Bank. 60% of the amount due to be paid by 30th June (when Bank also takes the forms and submits them to the tax authorities) and the remaining 40% in November.

So job done for another year! Cost of consultation 65 euros.

Tax advisors:

ASFEMP SL
Asesores de Empresas
Edificio Levante, 3 A-B,
Calle Martinez Alejos, 4
03501 Benidorm
(Alicante)

Tel: 966802669

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