The dreaded return to school, daycare or the hiring of childcare staff causes a great disruption to the financial family resources.
It is a comfort, that in some Autonomous Communities these expenses give rise to deductions in the income tax declaration.
Check if your Autonomous Community contemplates or not deductions for the expenses made in 2019 for domestic help, childcare expenses, acquisition of textbooks, school supplies or for study expenses; if applicable be sure to pay by credit card and keep the invoice that clearly indicates your name and NIF.
For more information please contact admin@ebfconsulting.com
Information by E.B.F Consulting S.L. E.B.F Consulting has been providing tax and accounting services to expatriates in Europe since 1999. Office is based in Lanzarote, Spain. Visit www.ebfconsulting.com for more details. Copyright © E.B.F Consulting 2019
All Rights Reserved
- In October you may opt for the Tax Current Account for 2026.
- Tax Inspection in Spain: What They Are and How to Approach Them
- Can there be economic activity in holiday rentals without employing staff? The Canary Islands High Court says yes in a specific case
- Can Holiday Lettings Qualify as an Economic Activity Without Employees? A Ruling by the Canary Islands High Court
- 4 Frequent Tax Mistakes Made by Non-Residents with Property in Spain