Employees form an essential element of many businesses, as without them, certain companies would simply not be able to function. Business owners have other responsibilities towards their employees besides payment of their salary, namely payment of Social Security on their behalf each month.
All business owners know that the last working day of the month is Social Security’s big payday and like clockwork, a chunk of their earnings disappear from their bank accounts. Every single one of my clients has heard me say the words, “if there is ever any bill you cannot pay, make sure your Social Security contribution is not one of them”. Why do I make a point of highlighting the importance of paying Social Security contributions on time? Well, simply put, because the consequences are quite harsh if you incur a debt with the Administration.
Right, so this issue has been talked about extensively, debated, caused arguments, tears, frustration and near bloody murder. Instead of spending my time off over Christmas and New Year’s relaxing, I have been reading and re-reading legislation, articles, documents and making further personal enquiries because for the majority, this law makes zero sense and nobody until now has really been able to explain it clearly in a way that can be properly understood (myself included!).
The big question is: Who is obligated to exchange their EU driving license for a Spanish one and why? I hope that by the end of what I hope to be the final and definitive article on this matter, we can lay it to rest for good. Please note that throughout this post, I am only referring to EU licenses as non-EU must follow a different procedure.
