Financial, tax advice and accountants in Mallorca

Accountants and tax advice

It is quite likely you will want some form of financial advice if you are buying a property in Mallorca. If you are moving here or you run a business you will need tax advice from a certified accountant.

There can be many areas for which you may be well advised to seek the services of an accountant or financial specialist. Financial planning relating to buying a holiday property is usually straight-forward, but it may be possible to structure and manage things in a way that will save you money and ward against unnecessary tax liabilities in the future.

Inheritance tax planning for example is an area where you could benefit from specialist tax advice. It is also important that you are aware of your capital gains liabilities and which costs you can offset against this tax when you come to sell. On a practical day-to-day basis you will need to plan for the various local taxes and costs associated with buying and owning a property here (see link to further information below).

Our recommended accountants and tax advisors in Mallorca are Bufete Morell. As well as being one of the most well-reputed legal firms on the island, Bufete Morell have qualifies accountants and tax advisors who are well qualified to advise you.