Depreciation

Renting out a flat in Spain: what you really pay, and the expenses almost nobody claims

August 13, 2026

Renting out a flat looks like the easy part: you sign the contract, you collect every month, and that’s it. The complicated bit shows up in the tax return, and almost always for two opposite reasons: many people assume that money is taxed lightly (it’s taxed at their highest rate) while at the same time leaving out expenses the law grants them, starting with the biggest one of all, which doesn’t cost them a euro a year.

Depreciation for autónomos: what it is, the official tables and worked examples

May 20, 2026

You’ve just bought a 2,000-euro laptop for your work as an autónomo (self-employed worker). You have the invoice, the IVA (VAT) is clear, and you assume you’ll deduct the whole thing this year like any other expense. But no: that laptop is a capital asset, and for tax purposes it doesn’t work like that.

What you have to do is depreciate it. Spread its cost over several years, following the tables published by the Spanish Tax Agency (Agencia Tributaria). The concept isn’t complicated, but it has its nuances. Let’s break them down.