FREQUENTLY ASKED QUESTIONS

Everything you need to know about tax and accounting in the Canary Islands

FREQUENTLY ASKED QUESTIONS

Everything you need to know about tax and accounting in the Canary Islands

If I take cash payments from my clients, do I have to declare everything?

To start with, it’s worth noting that clients can only pay a maximum of €1000 in cash as an anti-fraud measure.

All earnings must be declared both quarterly and annually, but we use creative accounting and advise you with deducting expenses to help keep taxes to a minimum and make the most of your hard-earned money.

Still stuck?