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Ethan Junior Reefer


Joined: 09 Sep 2005 Posts: 30
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Post subject: Tax |
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| What's the tax situation like for self employed in Tenerife? |
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Mon Sep 12, 2005 6:50 pm
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rob Moderator



Joined: 08 Aug 2004 Posts: 7621 Location: Tenerife
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| What Tax??? not bad, lots of black |
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Mon Sep 12, 2005 7:20 pm
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Ethan Junior Reefer


Joined: 09 Sep 2005 Posts: 30
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| Well I heard it was Tax free but surely there must be some Tax? |
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Mon Sep 12, 2005 10:26 pm
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rob Moderator



Joined: 08 Aug 2004 Posts: 7621 Location: Tenerife
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| yes of course. it's just that many people 'forget' to declare everything. they even have a 'module' system for many small trades where you can elect to pay a set amount of tax per month irrespective of what you earn. |
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Tue Sep 13, 2005 7:02 am
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Ethan Junior Reefer


Joined: 09 Sep 2005 Posts: 30
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| Quote: | | they even have a 'module' system for many small trades where you can elect to pay a set amount of tax per month irrespective of what you earn. |
That sounds so weird to me. Anyhow basically it seems that you don't end up paying too much tax? |
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Tue Sep 13, 2005 8:50 am
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