Finance

Hacienda delays Verifactu one year

Hacienda delays Verifactu by one year

Businesses now have extra time to implement compliance systems. Photo Credit: Wayhome Studiio/Shutterstock Verifactu was created by Agencia Tributaria, Spain’s new electronic billing system. It aims to increase fiscal oversight in order to combat fraud. The system requires that invoices issued by companies, SMEs, and self‑employed professionals using certified invoicing software are fully traceable, immutable, and electronically verifiable. Each invoice …

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Instant Apps are over: Google ends an Android experiment

Android apps on a smartphone as Google prepares to end Instant Apps. Credit : KARITING PICAH, Shutterstock We all live through apps now. Weather, maps, WhatsApp, social media, mobile banking – you name it, it sits somewhere on our phone screen. Most of us are carrying around dozens of little icons without even thinking about it, grouped into folders or …

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UK budget watchdog’s chief resigns following early leak

Opposition MPs called the breach a fundamental failure in Parliament. Photo credit: Samoila Ionut/Shutterstock The Office for Budget Responsibility (OBR), in error, published the November Economic and Fiscal Forecast (EFO) on November 26. The following are some of the most recent and relevant articles. before the official presentation Rachel Reeves, the Chancellor of Canada, presented her budget to Parliament. This unprecedented …

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Spain’s housing crisis is squeezing renters in Madrid to bursting point – can Pedro Sanchez’s government build their way out of it in time?

FAMILIES in Madrid’s lowest-income district are spending more than half of their annual earnings on rent, new data has shown – as experts renew warnings that property prices in Spain are spiralling out of control. Figures from Idealista and Idilico Realty showed that rents in Puente de Vallecas, in south-west Madrid, averaged nearly €18,000 a year in October. That amounts …

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For Sale: A Charitable Home with a Social Purpose

Throughout 2025, Fastighetsbyrån Albir has helped many people find their homes. But now it istime to present the most important property of the year: a welcoming villa that both tastes goodand does good. Everyone is welcome to take part in the auction for this gingerbread home – andthe entire purchase price will be donated directly to SOS Children’s Villages to …

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Marbella’s homes are now three times as expensive as the Spanish average, and it is Europe’s capital of ultra-luxury property.

Marbella homes now three times pricier than Spain’s average as city becomes Europe’s ultra-luxury real estate capital

The average property price in Marbella is now three times higher than the national Spanish average. This confirms its status as Europe’s new ultra-luxury city. According to The Marbella Property Market Report, 2025 Panorama Properties believes that the city has reached a stage of structural maturity. This is marked by record prices, chronic shortages of housing and sustained international investor …

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What expats should know about joint bank accounts

Joint bank accounts in Spain: Everything expats need to know

The most beneficial joint account is when the financial relationship is stable and long-lasting. Photo credit: pui_bunny/Shutterstock Joint bank account (in Spanish) “cuenta mancomunada” or “cuenta conjunta”() is a joint account that has two or more named holders, each of whom shares equal control over the money. This is used by couples, families, and business partners who want to have …

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Chat Control approved. Certain EU countries can see your private messages. Are you on the list?

Chat Control approved: Certain EU countries will see your private messages. Is yours on the list?

After three years of squabbles in the European Parliament, EU governments finally agreed to a compromise agreed On a controversial new bill that provides a backdoor for reading text messages or viewing photos on private individual phones to fight child sexual abuse material online. Critics have called it “Chat Control” claiming that it poses a grave threat to privacy. It …

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Data doesn’t lie – Why global funds invest massively in Spain’s property market

The data doesn’t lie: Why global funds are massively investing in Spain’s property market

SPAIN is now the most popular European destination for institutional investors, as confirmed by the surge in investment that has rewritten the real estate hierarchy on the continent. This sustained influx of investors is driven by data and structural advantages which offer a safer and higher return profile than their continental counterparts, who are perceived as volatile. Capital inflow records: …

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ChatGPT got an upgrade for the holidays: meet your new personal shopper.

ChatGPT just got a festive upgrade: your new at-home personal shopper

Imagine walking into a department store with a personal shopper. You’ve seen them in movies. Someone who listens, understands your tastes, compares prices, and quietly does all the legwork so you don´t have to. Now imagine having that same experience from your sofa, with a café con leche in hand, without queues, crowds, or the pressure of sales staff. OpenAI’s …

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