Hi there,
We are relocating next year, and my other half and I will both be employed by the same UK based company - and paid by them, in sterling. I am trying to get my head around what will happen to our income and tax liabilities, and know that I need to engage the help of a good international tax consultant before long, but I read somewhere recently that there is a special expat fixed rate tax band of 25% - that appears to be contingent on establishing a Spanish branch of your company, but I supposed what I am really trying to understand is what constitutes a ‘branch in Spain’. Ie is the two of us working there, out of a spare bedroom, enough, or would that definition not apply until we were in a position to employ someone locally (probably not for a year or so)? It’s all so complicated! And I have just found out that Spain and Uk have different tax years too - agghhh!
Sorry this is rather a niche query I guess, but I just wondered if anyone here had been in a similar situation and might have some suggestions?
I’d also love to hear any recommendations/approaches re tax consultancy - please feel free to PM me if appropriate,
gracias amigos,
Cazz x