Living in Spain - Working Tax Credits/NI Contributions
May 22nd 2012, 4:13 am
#16
Joined: Jan 2010
Posts: 1,590
Re: Living in Spain - Working Tax Credits/NI Contributions
It's quite simple really, if you have to return to the UK skint, and need help, you got two choices,
1. get a good tan
2. cover yourself in good quality boot polish
First
1. get a good tan
2. cover yourself in good quality boot polish
First
May 22nd 2012, 4:20 am
#17
BE Enthusiast
Joined: Dec 2006
Location: O'Vicedo, Galicia
Posts: 431
Re: Living in Spain - Working Tax Credits/NI Contributions
May 22nd 2012, 4:23 am
#18
squeaky clean
Joined: Mar 2010
Location: Spain 4th feb 08 - October 11, now flits batck and forth from sunny Worthing
Posts: 1,576
Re: Living in Spain - Working Tax Credits/NI Contributions
Jo xx
May 22nd 2012, 4:35 am
#19
Joined: Jan 2010
Posts: 1,590
Re: Living in Spain - Working Tax Credits/NI Contributions
I agree, and I know a few in just one family, and one of them actually works voluntary and takes home more, TAX free, than most ever earn in a proper job and he's told them about it, it really does want sorting.
Last edited by anonimouse; May 22nd 2012 at 4:37 am.
May 22nd 2012, 4:47 am
#20
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,674
Re: Living in Spain - Working Tax Credits/NI Contributions
I agree that there are a lot of born and bred British people that totally abuse the benefits system in the UK and have done for years in fact encouraged to do so by Tony and Gordo. However these days lets not forget there are plenty who genuinely rely on the benefits that they have paid into for years and have now found themselves without work with little chance of finding any. Everyone says it needs a drastic overall but how do they (government) do that? There are a lot of people these days that never thought they would need to use it and no doubt looking at the way it's going more will need it, but where does the money come from less people working less tax coming in.
May 22nd 2012, 5:44 am
#21
Lost in BE Cyberspace
Joined: Apr 2009
Posts: 7,749
Re: Living in Spain - Working Tax Credits/NI Contributions
100 euros per month per child until they are 3. And you get pretty generous tax deductions. I cant remember how much exactly, but something like 800 euros per year per child. Not to be sniffed at
May 22nd 2012, 8:17 am
#22
Joined: Jun 2011
Location: In the middle of 10million Olive Trees
Posts: 12,053
Re: Living in Spain - Working Tax Credits/NI Contributions
where's the sense in that
didnt have all these things when my daughter was growing up
the fluffy bunnies seem to have made a nice warm warren for themselves
May 22nd 2012, 10:36 pm
#23
Just Joined
Thread Starter
Joined: May 2012
Posts: 17
Re: Living in Spain - Working Tax Credits/NI Contributions
Hi Gleni
Social security is residence based so you will have to pay that in Spain. Unfortunately this will mean roughly 260 euros per month each for you and your husband before you start earning. This is fine if you are earning well but a real problem if you need time to build up business
For working tax credits, I have no direct experience, but assume you cannot claim UK ones in Spain. I think only some disability benefits are transferable
However, there are some allowances you can claim from the Spanish government. You get 100 euros per child per month until they are 3. And you can get quite a big tax rebate for having children at the end of the tax year.
Social security is residence based so you will have to pay that in Spain. Unfortunately this will mean roughly 260 euros per month each for you and your husband before you start earning. This is fine if you are earning well but a real problem if you need time to build up business
For working tax credits, I have no direct experience, but assume you cannot claim UK ones in Spain. I think only some disability benefits are transferable
However, there are some allowances you can claim from the Spanish government. You get 100 euros per child per month until they are 3. And you can get quite a big tax rebate for having children at the end of the tax year.
Phew this 260 Eros per month before we even start earning is quite high isnt it. Yes I will need to build up my business again but my partner will hopefully be employed. HOPEFULLY although work seems VERY thin on the ground out there from what I hear.
Thanks also in regards to the translation. We will definitly bear this in mind when and if we need it. Many thanks gleni
