TaxScouts launches in Spain 🇪🇸

It’s official. TaxScouts is making moves in Europe! 

As you may know, we launched our UK tax return product in 2017 with the aim to take the stress, cost and hassle out of the traditional tax return process. We partner with certified accountants to get your taxes sorted for just £169. 

And after four years of simplifying tax returns for the UK market, we’ve moved overseas. We’re proud to present to you the newest branch of the TaxScouts family, TaxScouts Spain.

How does tax work in Spain?

In Spain, the tax return process works a little differently to the UK. Everyone who earns over a certain amount (€22K, or €14K in some cases) has to file a tax return. If you’re self-employed, you do your taxes quarterly in the following months:

• January
• April
• July 
• October

And then you file an annual return as well. 

You have between April and June to file and pay for this, and it’s known in Spain as Declaración de la renta. 

Who is the TaxScouts Spain product for? 

We believe in helping more people than fewer, so our Spanish tax return product is split into two. Our first product which you can use right now is for the self-employed. When you join TaxScouts, we will take charge of your taxes by taking care of the following things:

1. Register you as self-employed with the Tax Agency and Social Security
2. File your quarterly taxes in January, April, July and October (basically VAT)
3. File an annual summary of your quarterly taxes each January
4. Sort your annual tax return for you

What about for employed people?

Our second tax return product is for the employed i.e. for individuals. We’ll get your annual tax return sorted for you for a flat fee. Our team is currently working on this product and we can’t wait to get it finalised and live! Here’s how it will work:

1. You sign up and identify yourself with the Tax Agency’s authentication 
2. We import their data and ask some questions to create your profile
3. You’re paired with certified accountant
4. The accountant prepares your tax return, you approve it, we submit it

Simple!

Look out for this product and all updates in Spain here.

A word from our CEO

Tram, our CEO, explains the thinking behind our expansion into Spain. 

“We decided to start with Spain both because of the complexity of the tax system and the number of taxpayers struggling with their tax preparation.”

Don’t forget to follow TaxScouts Spain on Twitter and Instagram to keep up with the latest news and updates. And if you’re interested in joining our mission to simplify taxes for all, get in touch! We’re always keen to hear from like-minded individuals.