Our Calendar

Anglo-Spanish Chartered Accountants

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Our Calendar

Much of the work we do is subject to the needs of our clients therefore we are able to meet their demands regardless of timing.

However, a major characteristic of doing business in Spain is that both individuals and companies face considerable administrative burdens. Particularly when trying to comply with the minimum requirements set out by the Spanish tax authorities and the companies register. The previous section provided an overview of the likely compliance obligations our clients are likely to face.

It is due to this high number of obligations that sometimes, both businesses and accountants face difficulties to keep up, and bottle necks can occur when trying to comply with all the compulsory requirements.

We believe that this increased burden as compared to other countries can and must be managed appropriately. As stated in our aims section, we place great importance on meeting deadlines and to achieve this we have implemented an effective working calendar which is integral to the delivery of our promise.

Furthermore, we consider that it is our role to help you manage the cash flows of your business by advising you in advance of your future tax obligations.

We will help and expect our clients to adhere to this calendar and it is for this reason that we consider essential that you are aware of it from the moment you join our firm.

 

Our annual compliance cycle is approximately as follows:

  • Every month
    We receive or collect the monthly information and documentation for each month during the first week of the following month. This ensures that we have all relevant information in time to allow any processing and preparation of those tax returns with a short period between the end of the reporting period and the submission deadline.
  •  

  • January
    We ensure that all information relevant to the prior year has been received for all our clients.
  •  

  • February
    For companies and sole traders, we perform all year end procedures and produce the relevant draft accounts and tax obligation estimates.
  •  

  • March
    These drafts are then discussed with our clients and approved if no further amendments are deemed necessary.
    This approval should allow clients to know their annual tax payable in advance, providing corporate clients with approximately 3 months notice, and private individuals with 2 months notice.
    For private individuals, we prepare a draft personal income tax return based on the information received.

  •  

  • May and June
    Presentation of personal income tax returns.
  •  

  • July
    Presentation of corporation tax returns and filing of annual financial statements.
  •  

  • October and November
    Pre year end meetings with clients to ensure all new developments during the year will be addressed as part of the year end procedures.
 
Centro de Negocios Puerta de Banus Edf. B-1, Nueva Andalucia 29660, Marbella (Málaga) | Tel: +34 952 815 365 | Fax: +34 952 814 796 |
Rose & Clavel Chartered Accountants, S.L.- B92962083 - Inscrita en el Registro Mercantil de Málaga - Tomo 4574 Libro 3482 Folio 179 Hoja MA-99161 Inscrip.:1