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Legal & Financial

To infinity, and beyond

A new dawn for accountancy broke at the end of May, most of us were a little too preoccupied with figuring out how the world was going to work as we emerged from Covid-19 lockdowns to pay too much attention. Two Americans climbed into a rocket, fired it up, and …

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On the bright side…

It’s the last few days of May as The Islander closes for press. Here in Spain, and across Europe we are taking our first tentative baby steps out of lockdown, and slowly in the direction of ‘normal’, or at least whatever the new version of that is going to look …

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The Recovery position 

Happy May to you all, at least I think it’s May, it must be by now I guess. It’s a rare day on planet Earth when virtually everyone is doing the same thing at the same time. At the time of writing, I’m locked into my house, I have been …

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Difficult times.

Please allow me to express  my first words in remembrance and encouragement for all the people and their  loved ones affected by this disease that has us all trapped in our homes in this worldwide lockdown that seems a science fiction movie. Our best wishes to all of you Once …

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A hand grenade in a bloodbath

As The Islander closed for press for this issue, the world was on a steady march towards armageddon, or it seemed that way anyway. Coronavirus, or Covid-19 to christen it with it’s official title, had established a stronghold in Europe and elsewhere, and was multiplying rapidly. Italy had just announced …

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Bill’s Ark

January is a bit of a financial squeeze for most of us. You know what it’s like, paid early in December, blew the last of it on new Year’s Eve, and an apparently endless January stretches out before us, our next pay cheque somewhere over the distant horizon and all …

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 VAT news 2020 – Justify the delivery.

When your company sells goods to entrepreneurs or any other VAT recordings  in the European Union (EU) you should not charge VAT. This is because these operations (called “intra-EC deliveries”) are 0% rated or exempt from said tax though the self-charge reverse scheme. How ever in order to do this, …

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A month that changed the world, perhaps.

The idea of this column was to share a thought or two every month, vaguely pegged to business, economics or politics, and more often how the three things are inextricably linked. It wasn’t supposed to be a monthly spin on climate change, but of late it seems to be difficult …

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Activity tax in Port Authority marinas

The Port and marine legislation establishes in article 183  of the Real Decreto Legislativo 2/2011  the obligation for business and entrepreneurials to pay the so called activity tax, “tasa de actividad or TA” for the occupation and use of public  Port Authority installations and shipyards for the development of economical …

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