self employed income tax payments

Post reply   Start new thread
:: New - Old :: Old - New

Pages: 1 |

Forum home :: Latest threads :: Search forums
The Comments
23 Mar 2009 12:00 AM by COSMO Star rating in Gateshead and Costa.... 46 posts Send private message

Hi,

 Am I right in understanding when you are self employed are there two different ways of paying your income tax?

1) you pay 250 euros for your social security + you can fill in a tax return and pay tax on your profits.

2) you pay 250 euros for your social security  + you pay an agreed set amount for your tax without having to fill in a tax return.

Does anyone know what the set amount would be ?

 

                                                            thanks.

 



_______________________
kevin.



Like 0      
29 May 2009 9:57 AM by bakeja Star rating in Manilva. 49 posts Send private message

Hi Cosmo

I am autonomo (self employed) and was a bit puzzled when I read your post.  Yes, I pay around 250€ a month for social security and am happy to do so as it secures pension and health rights for my family.  This is totally separate to the income tax system however apart from the fact that you can deduct the monthly payment from your profits like other costs.

However I understood that ALL autonomos had to file annual tax returns.  There are certain trades like bar-owners, lorry drivers and builders who can pay a fixed monthly amount (the amount depends on the size and potential of their business) but they still do have to file a return.

I hope this is of some help.

 

James



_______________________

 Advoco Law & Accountancy

Latest article: Guide to Spain's Autonomo System




Like 0      
30 May 2009 2:16 PM by COSMO Star rating in Gateshead and Costa.... 46 posts Send private message

Thanks for the reply bakeja,



_______________________
kevin.



Like 0      

Pages: 1 |

Post reply    Start new thread


Previous Threads

Community Fees in Lanzarote - 0 posts
PHONING ON SKYPE - 3 posts
ryanair charges - 11 posts
21 inch tv - 0 posts
Are there ANY interest only mortgages available now? - 3 posts
Motels near Santander - 4 posts
Pleasantly suprised - 13 posts
Furniture Packs - 4 posts
Spam phone calls again - 0 posts
recording free sat - 5 posts
Van hire/loan - 0 posts
Car hire insurance top up. - 1 posts
Electrical Goods From GIB - 11 posts
Are there ANY interest only mortgages available now? - 2 posts
Help - 0 posts
Community Statutes & Management Contract - 5 posts
Snagging !!! - 8 posts
INTERNET WITHOUT THE NEED FOR TELEFONICA - 1 posts
Can you ditich your Landline? - 5 posts
How to register with a dotor. - 5 posts
Can anyone recomment a good reliable plumber - 4 posts
BG and The Lawyers Responsibility - 72 posts
King size mattress For Sale - 0 posts
anyone got money back from mirador or palmera yet - 12 posts
Community Statutes & Management Contract - 2 posts

Number of posts in this thread: 3

DISCLAIMER:  All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants or agents.


1 |
Our Weekly Email Digest
Name:
Email:


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x