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YOUR GUIDE TO ‘ERTE’ DURING THE PANDEMIC

              Here is your definitive guide to what ERTE is if your employer has filed to temporarily suspend your employment contract. Answers to the 13 most common questions for workers, whose company decides to file a temporary employment regulation (ERTE) file due to the state of alarm due to […]

ARONA PREPARES TO HELP SMALL BUSINESSES AND THE SELF EMPLOYED

Arona prepares tax cuts for the self-employed, and small and medium businesses, and also postpones the payment of ordinary receipts to November 30th, as they announce a package of measures that they will be implementing in the coming weeks. Arona City council has taken the decision to postpone the payment of ordinary receipts, such as […]

ADEJE SETS UP HELP FOR SMALL BUSINESSES

Adeje council has set up direct lines of aid for small and medium businesses and the self-employed Adeje council’s department for local development and employment has set up a direct line for assessment advice for small and medium businesses and the self-employed who are suffering or will suffer as a result of the economic crisis […]

Coronavirus panic and collapse in oil prices prompt market chaos

Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks… Coronavirus headlines have dominated market sentiment in recent weeks, resulting in some significant volatility in currency markets.    Over this period we have seen […]

It’s time to lock in residency in Spain

UK nationals living in the Canary Isles, or owning property here, can feel reassured that little will change, while the Brexit transition period is underway. But, with no certainty beyond 2020, time is running out to secure your position. What is at stake? If you are lawfully settled in Spain, before 31 December 2020, you […]

Do you know if you need, or how, to exchange your driving licence?

Liberty Seguros answers your questions: THERE are many questions being bounced around about the consequences of Brexit, and what effect it will have for those in Spain, and other parts of Europe. And, of course, nothing is certain yet. One of the most recurring doubts is about the validity of driving licences. In this regard, […]

Brexit uncertainty and Budget expectations

STAYING on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for, over the next couple of weeks. The pound has traded in a wide range, over the past couple of weeks, as speculation over the UK’s upcoming Budget and lingering […]

Pound slumps to fresh lows, after UK leaves EU

Latest currency news THE pound has been on a downtrend, for the last couple of weeks, with markets focused on trade negotiations between the UK and the  European Union, following the UK’s exit, on 31st January. This has seen GBP/EUR plummet from 1.19 to 1.17, and EUR/GBP edge to 0.85. Meanwhile, GBP/USD fell from 1.32 […]

Canary Isles tax changes for 2020

WHILE the Spanish state budget for 2020 is still pending, the local government in the Canary Isles has approved its regional budget, for 2020. This includes changes to income tax, and succession and gift tax (inheritance tax), which are applicable from 1st January 2020. Income tax The personal income-tax rates for general income are a […]

UK service-sector recovery lifting pound vs euro, US dollar ahead of BoE decision

THE appeal of the pound proved muted, as investors continued to weigh up the odds of the Bank of England (BoE) cutting interest rates, at its January meeting. Weaker, German, business sentiment signals put pressure on the euro, meanwhile, as confidence in the health of the Eurozone’s powerhouse economy weakened. As political pressure on the […]

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