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The income tax campaign in Andorra began in April and you have until 30th September to file your tax return. In this article, we tell you how personal income tax works in Andorra. TABLE OF CONTENTS: 1. Income tax in Andorra 2. How much personal income tax do I pay in Andorra?3. Who has to pay income tax? 4. Income subject to personal income tax5. Personal income tax exemptions and allowances6. Andorra and the United Kingdom: comparison of personal income …
Andorra continues to be a hot and trending topic in the Spanish media, after Spain’s biggest YouTuber, El Rubius, announced he was moving his residence to the principality. The possibility of living in Andorra is also attracting increasing interest from other types of foreign investors, not just content creators and digital nomads. New investor demographics In the last year, interest in permanently relocating to Andorra has increased by 15 to 20%, according to data from the Diari d’Andorra. Two main …
The last date for filing the Income Tax Return is 30th September. We explain, below, everything you need to know about this tax in Andorra. Income tax in Andorra Andorra, with a maximum rate of 10%, has one of the lowest income tax rates in Europe. Moreover, for taxpayers whose net income is between 24,001 and 40,000 euros, the tax rate is only 5%. This relatively new tax has existed in Andorra since 2015. The collection period is from 1st …