Author Topic: 20% allowance for new autonomo?  (Read 1209 times)

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ni68ana

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20% allowance for new autonomo?
« on: March 30, 2016, 06:48:37 PM »
Hi all,
I'm thinking of starting as an autonomo here in Spain. I was told by an asesor who I met with that when you first start off as an autonomo, you can deduct 20% from your gross income for tax purposes - in addition to your other expenses - to make it easier for you as a new entrepreneur. I think she said it applied for the first two years. Can anyone confirm this? I've searched all over the internet but couldn't find a thing about it. Really hope it's true!
Thanks in advance :)