Connect with us

%

Self Employed In Spain? New Vehicle Grants Of Up To €12,000 Open October 1

Published

on

self-employed-in-spain?-new-vehicle-grants-of-up-to-e12,000-open-october-1

Self-employed drivers across Spain could soon be behind the wheel of a new car or van. Credit: Drazen Zigic / Shutterstock

If you are one of the more than half a million foreign autónomos working in Spain, buying a new car or van could soon become considerably cheaper. 

From 10am on Thursday October 1, self-employed workers and businesses can apply for Spain’s latest vehicle assistance, with grants reaching €6,000 for an eligible passenger car and as much as €12,000 for certain professional light commercial vehicles. 

This is particularly relevant for British residents, too. There are 26,416 British nationals registered as autónomos in Spain, making Brits the fifth-largest foreign nationality among the country’s self-employed workers, according to a recent EWN report on Spain’s foreign autónomo boom.

Unlike the wider Plan Auto+ assistance EWN has previously covered, this new €50 million application window is specifically for autónomos and businesses, with €8 million reserved for self-employed workers.

So who can actually get the money, and how much could you receive?

How much could an autónomo get?

The amount depends on the vehicle and the applicant’s circumstances.

Under the official Plan Auto+ rules published in the BOE (Spain’s official gazette), the maximum normally available to an autónomo (a self-employed sole trader) or microbusiness is €6,000 towards an eligible M1 passenger car, rising to €7,500 for an N1 light commercial vehicle such as a van.

Some autónomos and microbusinesses whose professional activity qualifies for the Social Climate Fund, an EU fund set up to help cushion the cost of the green transition, can get more, with support reaching €7,000 for a passenger car and as much as €12,000 for a qualifying light commercial vehicle. 

That distinction matters, though, as the headline figure of €12,000 isn’t available to every autónomo buying a new car.

Can foreign residents apply?

Being British or another foreign nationality doesn’t in itself exclude someone from the scheme.

What matters is whether the applicant carries out an eligible economic activity in Spain and meets the programme’s requirements. Autónomos must be registered with the Spanish Tax Agency’s Census of Businesses, Professionals and Withholders (or the corresponding regional register), and be up to date with their tax and Social Security payments.

The vehicle itself also has to qualify, carrying the DGT’s (Spain’s traffic authority) ‘Zero Emissions’ label, with the amount ultimately received depending on factors including the vehicle’s technology, price and contribution to European vehicle production. Leasing and renting arrangements can qualify too, as long as they meet the programme’s conditions.

Why October 1 matters

Anyone thinking about applying may want to prepare before Thursday October 1. Applications open at 10am mainland Spanish time that day and are scheduled to remain open until 2pm on Thursday December 31.

But there’s an important catch. The Spanish government says eligible applications will be dealt with in the order they’re submitted until the money runs out, and of the €50 million available, €8 million is reserved for autónomos while €42 million is allocated to companies.

That makes the opening date particularly important for self-employed workers who already intend to replace a vehicle. The Spanish government’s official Plan Auto+ information explains the requirements and application process in full.

For Spain’s growing community of foreign autónomos, that means one thing. If a new car or van is already on the cards, it’s worth having your paperwork ready well before Thursday October 1, since applications are handled strictly in the order they arrive.

%

Spain Payslip Change Coming In January 2027

Published

on

spain-payslip-change-coming-in-january-2027

Workers in Spain will see their MEI contribution rise from January 2027. Credit : Quisquilia, Shutterstock

Workers in Spain will see a small deduction from their paychecks starting in January 2027. This is due to an annual increase designed to help fund the country’s pension system.

Intergenerational Equity Mechanism (MEI) is a Social Security tax that you probably have noticed in your monthly paycheck deductions. Beginning on January 1, 2027, the employee’s share of this social security tax will increase from 0.15 per cent to 0.17 per cent of the contribution base. The change is part of a schedule set in Spanish social security law, not a new tax announced for 2027.

For most workers, the change will be modest. Someone who contributes €2,000 per month will pay €3.40 per month in 2027, compared to €3 in 2026. That’s 40 cents less each paycheck, or 4.80 per year, assuming the contribution base does not change.

But how much will be deducted from your salary, and where on your payslip do you find the figure?

Spain payslip changes in 2027: how much will you actually pay?

The amount is determined by the Social Security contribution base and not just the net salary you get in your bank account.

For the employee’s contribution to the MEI for 2027, use the contribution base for common contingencies as stated on the employee’s payslip and multiply it by 0.0017.

For example, a worker with a €1,500 monthly contribution base will pay €2.55 a month, up from €2.25 in 2026. At €2,000, the deduction increases from €3 to €3.40. A €2,500 contribution base means a rise from €3.75 to €4.25, while someone on a €3,000 base will see the contribution increase from €4.50 to €5.10.

The 0.17 percent is the worker’s total MEI contribution for 2027, not the rate of increase. The yearly increase in the MEI is 0.02 percent.

For an employee who maintains a €2,000 contribution base throughout the year, they will pay €40.80 for their MEI in 2027. In 2026, the cost of the MEI was €36.

And employees are not footing the entire bill.

Employers will contribute considerably more. The combined MEI rate will rise from 0.90 per cent in 2026 to 1 per cent in 2027, divided between 0.83 per cent paid by the employer and 0.17 per cent by the employee. Spain’s official legislation confirms that scheduled split.

On a contribution base of, for example, €2,000, the employer would pay €16.60 and the employee €3.40, resulting in a total MEI contribution of €20.

The employer’s share does not come out of the worker’s take-home salary.

Why Spain is taking more from workers’ payslips for pensions

The MEI has been in operation since 2023 and aims to enhance the long-term sustainability of Spain’s Social Security system.

The money goes into the Social Security Reserve Fund, also known as the pension piggy bank in Spain. The country is gearing up for the coming boom in the pension system as large generations come to retirement. However, the contribution does not increase the individual worker’s pension benefits.

And the January 2027 increase will not be the last. According to the plan, the employee’s contribution is to reach 0.18 per cent in 2028 and 0.20 per cent by 2029. In 2029, the combined employer-employee contribution will be 1.20 per percent, which is slated to stay until 2050.

For those wondering where their money is going, the MEI will normally appear on the pay stub under social security contributions and deductions. Sometimes it will be explicitly stated as MEI or Mecanismo de Equidad Intergeneracional.

Will your take-home pay actually fall in January 2027?

Not necessarily.

Although the MEI deduction will be higher, this does not mean that the amount you receive in January will be less than what you received in December.

The increase in salary, change in working conditions, or personal income tax deduction changes may affect the final calculation. The most effective way to measure the impact of the MEI is to compare the contribution base and the MEI deduction on the December 2026 and January 2027 pay stubs.

For most employees, this increase is just a few dozen cents per month and not a drastic cut in take-home pay. But given how closely families are already monitoring their budgets, this is another thing that may get noticed when people get their first paycheck of 2027.

And unlike many January surprises, this one is already written into the calendar.

Continue Reading

%

Literary Stars Descend On Mallorca

Published

on

literary-stars-descend-on-mallorca

American writer Anna Todd explores Mallorca before her appearance at FLEM festival Credit: Instagram/AnnaTodd

Bestselling American author Anna Todd was among the biggest names at this year’s FLEM literary festival, joined by British writers as Magaluf put books and culture centre stage.

Anna Todd brings Mallorca novel home

Anna Todd returned to Mallorca this week to present Sunrise: The Last Sunrise, her latest novel and the first of her books to be set on the island.

The American author, best known for her global After series, appeared at the Festival de Literatura Expandida de Magaluf (FLEM) on Saturday, October 3, in what was her only appearance in Spain this year.

Sunrise, published in 2026, follows 23-year-old Oriah Pera, who travels to Mallorca with her mother and finds herself at a turning point in her life. A trip to the beach leads to a meeting with Julián, a local Spanish man, and a summer romance that becomes part of Oriah’s journey into adulthood.

Mallorca is therefore far more than a backdrop in Todd’s latest work. The island provides the setting for Oriah’s summer, her relationship with Julián and the experiences that force her to reassess her life.

The novel also touches on some of the tensions surrounding modern Mallorca, including the contrast between the island’s appeal to international visitors and the concerns of people living there. Todd discussed the book during her FLEM appearance, which came as she returned to an island that has become increasingly important to her work.

From After to Mallorca

Todd shot to international fame with After, which began as fan fiction before becoming a publishing phenomenon.

The series has been translated into 35 languages and sold more than 12 million copies worldwide, making Todd one of the most commercially successful authors of her generation. She has also worked as a producer and screenwriter on film adaptations of her books.

Her other work includes The Brightest Stars, The Spring Girls and the After graphic novels, while The Last Sunrise marks her latest move into a story rooted in Mallorca.

That connection gave FLEM a particularly strong local hook, with readers able to hear directly from an internationally successful author about a novel inspired by the island.

British authors join international line-up

Todd was not the only international literary star at FLEM 2026.

The festival’s programme included British novelist Anna Hope, author of Expectation, Wake, The Ballroom and Albion. British writer and journalist Lara Pawson also appeared, taking part in a conversation with Mallorcan author Aina Fullana.

Another British name on the 2026 programme was Ben Brooks, who appeared in conversation with German-Afghan writer and poet Aria Aber.

The international line-up helped make the sixth edition one of FLEM’s biggest yet, with more than 30 writers, artists and creators taking part.

Magaluf’s literary transformation

Held from October 1 to 4, the 2026 festival moved to a new home at INNSiDE Wave Calvià, bringing literature, music, podcasts, art and live events together under one roof.

FLEM is organised by independent Palma bookshop Rata Corner and INNSiDE by Meliá, with the aim of bringing literature to new audiences and challenging the traditional image of a literary festival.

The 2026 programme also introduced the new FLEM-Magaluf Novel Prize and a literary residency, adding a stronger focus on supporting emerging writers.

More than 13,000 people attended this year’s four-day festival, according to post-event coverage, an eight per cent increase on 2025.

For four days, Magaluf became an unlikely meeting point for bestselling authors, emerging writers and readers, with Anna Todd’s Mallorca-set novel providing one of the clearest links between the island and the international literary world.

Continue Reading

%

Five Kilometres For A Global Cause

Published

on

five-kilometres-for-a-global-cause

Walkathon for Water. Credit: AEHCOS

Costa del Sol residents are being invited to swap their usual morning routine for a five-kilometre charity walk in Benalmadena on Thursday, October 15, helping raise awareness of the daily struggle faced by millions without safe drinking water.

The fourth annual Walkathon for Water will start at 10am from Sahara Sunset on Avenida Rocío Jurado, with participants following the seafront towards Puerto Marina before returning to the resort.

Organised by the We Are Water Foundation with Royal Oasis Club at Pueblo Quinta and Sahara Sunset, both managed by Hilton Grand Vacations, the event uses the five-kilometre distance to represent the journey many children make every day to find water.

Walking the distance many children face

According to the We Are Water Foundation, more than two billion people worldwide do not have access to safe drinking water. Many children in Africa, Asia and Latin America walk several kilometres each day to collect water for their families.

Participants in Benalmadena will therefore be turning an everyday walk into a reminder of a very different reality for communities around the world.

Money raised during this year’s international Walkathon programme will support two water projects in India and Mexico, with the work expected to improve access to clean water for more than 5,000 people. The Benalmadena event is one of 20 Walkathons being held across eight countries during 2026.

How to join the Benalmadena walk

The five-kilometre route is expected to take between one hour and 90 minutes and is open to people who want to support the cause.

Registration can be completed online through the Walkathon for Water section of the We Are Water Foundation website, with a minimum donation of €5 per person. People can also register at the event itself.

The walk starts and finishes at Sahara Sunset, Avenida Rocío Jurado, Benalmadena Costa, at 10am.

Afterwards, participants can stay for paella, sangria and a raffle from 1pm.
For registration and full event details, visit the We Are Water Foundation website.

Continue Reading

Trending

Copyright © 2017 Spanish Property & News