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Go Back   Pollensa Forum > LIVING & WORKING IN POLLENSA > Living & Working in the Pollensa Area

Living & Working in the Pollensa Area This forum is for any comments, questions and advice about living (permanently or temporarily) and working in the Pollensa area. Aimed at ex-pats, property owners etc.

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Old 24-04-2007, 17:07
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Default national insurance and taxes

Can anybody tell me what the Spanish Tax is and what you pay for national insurance in Majorca, also, what kind of childbenefits are there.
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Old 25-04-2007, 00:08
Join Date: Feb 2008
Posts: 650

You will have to register with the social services at an accountant. I used one in Alcudia who was great. If you are under pensionable age, you will have to pay 240 a month for social security cover. This gives you entitlement to National Health treatment and qualification for a pension when you retire. This will cover your whole family. You will also have to register for IVA if you are a self employed trader. Can't remember how much tax was, but it's a bit higher than the UK and all these are paid monthly too. Your accountant will do a quarterly IVA and tax return. This will also cost you.
Sorry can't tell you about child benefit, after paying all the above, I couldn't afford children !!:lol
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Old 25-04-2007, 04:50
pollensa's Avatar
Join Date: May 2001
Location: Colchester, UK
Posts: 3,815

We've just added a new section to our books page on 'Living & Working' - see puertopollensa.com/Books3.html#misc so you should find the information in one of those. I've chosen the most recent publications but if anyone can recommend any others, do let me know. Thanks.
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Old 25-04-2007, 17:21
Posts: n/a
Default national insurance and taxes

Thankyou for you replys, all very confusing this relocating stuff, lots of homework to do !! taxes, schooling, which area !, difference in cost of living , learning the langauge, get there in the end hopefully.
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