The new Spanish budgets have been approved for year 2021 and changes will have impact not only on those individuals with a high level of employment income but also to those who may obtain an important amount of saving or financial income or capital gains.
The International Mobility and other circumstances such as the possibility of working from home or other places in another countries, implies that the companies and employees, will need to revise how and where they should pay Social Security contributions.
Any eventuality in Social Security can imply that sanctions can be imposed, but it can also affect the future pension of the employees, the extent of the coverage in foreign countries or even to lose overpaid contributions.
If you have employees outside of Spain or foreign employees in Spain, it is important that you have the assistance of experts in International Social Security and avoid any contingency in this area.
Therefore, it is important to have the appropriate advice and at albea, we can help you.