Services for Individuals

Anglo-Spanish Chartered Accountants

english espaņol

Services for Individuals

Personal tax planning & compliance

We can help our clients minimise their exposure to personal tax and the administrative burden of complying with tax legislation by:

  • Taking full advantage of tax opportunities and reliefs
  • Making the most of tax opportunities specific to their personal circumstances
  • Meeting the demands of compliance including personal tax self assessment
  • Acting on their behalf in discussions with the tax authorities
  • Advising them on the potential tax liabilities such as income tax; wealth tax; and inheritance tax


VAT registration and compliance

We can help our trading clients minimise the administrative burden of complying with VAT legislation by:

  • Assistance with VAT registration
  • Advice on VAT planning and administration
  • Use of the most appropriate scheme
  • VAT control and reconciliation
  • Preparation of quarterly and annual VAT returns and informative returns
  • Negotiating with the Agencia Tributaria in disputes and representing you at VAT tribunals


Personal financing arrangements

It can be daunting sometimes approaching local banks in search of personal or business financing as an individual. We are able to present the needs of our clients to financial institutions in a professional manner, thus maximising the probabilities of obtaining the financing arrangement required at competitive rates.


Business start-up

We can help our clients develop their business ideas in a constructive and realistic manner as they need to:

  • Decide on the most suitable structure: sole trader, partnership or limited company
  • Prepare a business plan, cashflow and trading forecasts
  • Assess the finance requirements of the business, identify the best sources of finance and prepare the necessary proposals
  • Establish a good working relationship with the bank
  • Complete the registration procedures with the tax authorities
  • Set up a control and recording system for internal use and for compliance with statutory requirements


Bookkeeping and accounting for self-employed individuals

We can take care of all your bookkeeping and accounting needs and the maintenance of VAT records. We can also take on short-term projects to relieve you or your team of any temporary overload.

We work with you to gain a full understanding of your business. We discuss your requirements and then tailor our approach so we can provide exactly the service you need.

A key element of this service is the preparation of management accounts, which can be vital to the continued success of your business.


Non-resident compliance

Many non-resident individuals also have obligations towards the tax authorities. This can often be either as a consequence of owning property or because some of their income arises in Spain. We can take care of all the necessary paperwork to ensure that there are no surprises in the future as a result of a lack of compliance.


Grant applications

There are governmental organizations which have implemented programs designed to support many different initiatives, such as self-employment, employment creation, innovation, equal opportunities, business improvement and growth. There are a number of grants that may be applicable to your particular circumstances. Throughout the year there are opportunities to apply for some of these grants.

In the case of individuals who are considering becoming self-employed, it is important that any grant application is made prior to the commencement of trade.

We inform our clients when grants are announced if we believe they may qualify for them. We compile a file to support their application appropriate to the needs of each individual grant. Although there are no guarantees that the grants will be granted, the funding is available for the correct projects and application is certainly a well worth exercise if it is felt that the grant conditions are met by the sole-trader in question.


Probate services for resident and non-residents

Spanish inheritance tax is levied on the world wide assets of resident individuals (double tax relief may be applicable) and on all Spanish assets of non resident individuals.

We can help our clients take care of all the necessary steps to deal with the relevant taxes as well the transfer of ownership of the assets when they have been inherited.

Generally,  it is necessary to ascertain the following:

  • Assets owned in Spain (eg property, bank balances, investments, etc.)
  • Whether there is a valid Spanish will
  • Whether there is a valid foreign  will covering the assets in Spain
  • If there is no valid will, ascertain  who is entitled to the assets
  • Whether the inheritors hold a Spanish NIE number

We often assist foreign probate solicitors who may be dealing with the inheritance world- wide, or assist the family directly during the allocation of the estate.  Probate in Spain entails the following:

  • Transferring the ownership of the assets to the inheritors by public deed
  • Preparation and filing of the inheritance tax return and payment of taxes
  • Registering the change of ownership with the relevant bodies (property registry, traffic authorities, banks, etc.)


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