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Tenerife Lifeline

Tax

 
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Ethan
Junior Reefer
Junior Reefer



Joined: 09 Sep 2005
Posts: 30

Post Post subject: Tax Reply with quote

What's the tax situation like for self employed in Tenerife?
Mon Sep 12, 2005 6:50 pm
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rob
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Joined: 08 Aug 2004
Posts: 7581
Location: Tenerife

Post Post subject: Reply with quote

What Tax??? not bad, lots of black
Mon Sep 12, 2005 7:20 pm
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Ethan
Junior Reefer
Junior Reefer



Joined: 09 Sep 2005
Posts: 30

Post Post subject: Reply with quote

Well I heard it was Tax free but surely there must be some Tax?
Mon Sep 12, 2005 10:26 pm
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rob
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Post Post subject: Reply with quote

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.
Tue Sep 13, 2005 7:02 am
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Ethan
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Joined: 09 Sep 2005
Posts: 30

Post Post subject: Reply with quote

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?
Tue Sep 13, 2005 8:50 am
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