Got your NIEs and NIFs all in a muddle? Not sure if you are paying IVA or IRPF? In this handy guide, The Local spells out some of the key terms you'll need while living in Spain. Starting up in a new country is difficult, and Spain is no different. In this article, The Local looks at some of the most common terms bureaucratic terms to give you a head start. A is for autónomos: Spain’s ‘autónomos’ are the country's self-employed workers. These workers pay a fixed monthly fee — usually €250 a month, although some including younger workers and new self-employed workers are entitled to a range of discounts. Click here to read: Freelancing in Madrid: A survivor's guide A is also for alquilar: Alquilar is Spanish for 'to rent'. READ: The survivor's guide to renting in Spain B is bank accounts: To open a bank account (cuenta bancaria) as an expat working or studying in Spain you need to be over 18 and have photo identification. If you're … [Read more...] about What you need to know: The Local’s A to Z Guide to bureaucracy in Spain
Who needs to complete a tax return
The new Tax Cuts and Jobs Act gives taxpayers something to cheer about, thanks to lower tax rates on more of their income, a nearly doubling of the standard deduction and higher tax credits for families with children. But some taxpayers could find themselves owing the IRS if they don't adjust their tax withholding. The IRS is urging all taxpayers to do some planning now, so you won't have sticker shock when you file your 2018 tax returns. One recommended tool is the free Withholding Calculator on the IRS website, which will allow you to perform a "paycheck checkup" to make sure you are withholding the right amount of federal tax from your paycheck. The Withholding Calculator will ask you to enter estimated values for your income in 2018, the number of children you would claim (to estimate the new and expanded Child Tax Credit and Earned Income Tax Credit) and the amount that was recently withheld for federal tax on your last paycheck. It only takes a few minutes and all … [Read more...] about 5 people who need a “paycheck checkup” to avoid an IRS bill
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Globe Staff July 04, 2018 The Registry of Motor Vehicles offers the following suggestions for Massachusetts residents seeking to get or renew their standard driver’s license or obtain the new REAL ID. Top tips ■ The RMV cannot accept any laminated documents because the computer hardware scanners cannot scan them. Make sure documents are not laminated. ■ If you are an AAA member, you may be able to go to an AAA location to do many license and registration transactions, but not all of them. Check here: www.mass.gov/rmv-services-at-aaa. Advertisement ■ Check the RMV website for “real-time” wait times at specific locations. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays. Thank you for signing up! Sign up for more newsletters here … [Read more...] about How to avoid a very bad day at the RMV
This article is available to Members of The Local. Read more Membership Exclusives here. People who live and work in Germany in certain circumstances are not obligated to file a tax return by May 31st. Earners below a certain income level If you earn below €8,820 per year as a single person or €17,640 annually together with your civil partner, you do not have to pay taxes on this income (i.e. file a tax return). Employees in tax class 1 Employees in tax class 1 (Steuerklasse 1) whose only source of income is from their employer - a significant amount of the workers across Germany - also do not have to file a tax return. The same applies to married people with tax class combination 4/4 (Steuerklassenkombination 4/4). In both these cases, filing one’s taxes is unnecessary since one’s employer pays the workers' taxes to the finance office. But it could be worth filing a return nonetheless. For the 11.5 million residents nationwide who received a … [Read more...] about Who is obliged to file a tax return in Germany and who isn’t?
Not all researchers agree that artificial intelligence is as important a development as electricity or fire, or that hundreds of millions of jobs will be automated in the next decade. But it is clear that an increasing array of tasks will soon be completed by machines. And workers need to be prepared for a future in which they may have to develop a larger skillset than ever before. Tech-friendly think tank the Information Technology and Innovation Foundation (ITIF) today published a report detailing how worker training policies will need to be adjusted in the age of AI and robotics. In the report, ITIF gives a vast number of policy recommendations, most of which will likely not come to fruition. But the report does offer a useful overview of shortfalls that exist in current training and retraining programs. VentureBeat spoke with Maria Heidkamp, director of the New Start Career Network at Rutger University’s Heldrich Center for Workforce Development, about some of the … [Read more...] about Workforce programs will need to be overhauled in the age of artificial intelligence