This is because a percentage of these funds must be allocated to Social Security contributions, while another amount is directed to taxes related to the Treasury. Santiago Niño Becerra, economist: “I would sign so that the Spanish economy was now as it is in France”. However, we must take into account the reporting to entities such as the Treasury or the Social Security that this position requires on a regular basis. In this sense, several are encouraged to act on their own and become self-employed, being the main captains of their own business. This is a measure that involves several factors. “The contribution base is an estimate of what the self-employed or entrepreneur earns, not the business,” recalls Natalia de Santiago in her publication. This is because the Social Security does not set the fees based on the money the entrepreneur invoices, but in relation to their net income. The expert points out that the Social Security acts as a supervisor so that the workers in the business have a certain financial guarantee to cover any unforeseen incident. An example of this is Natalia de Santiago, a finance expert, who has launched a very clear piece of advice to this type of user. In fact, it acts as a permanent boss who sets the rules and applies them to anyone who decides to set up their own business. The current situation forces us to look for references in other countries, although the Gallic nation does not present too much popularity among citizens at the moment. “Being aware of this is fundamental to professionalize the finances of our business and suffer less every quarter”. In addition to housing and the rise in prices, finding a good job opportunity is one of the top priorities for a significant sector of the population in Spain. “When you work for yourself, income arriving in your account does not mean that money is (far from it) yours,” she wrote on her blog. Separating income from profits Although it may seem simple, it is actually one of the main financial inconveniences that torment the self-employed. Many professionals in the economic sector advise against this investment in the current landscape. Employment is one of the most frequent conversation topics in society today. However, discordant opinions can always arise. In fact, various financial professionals often warn of many of the errors that self-employed people, especially the newest ones, tend to make so that they try to avoid them as much as possible. Among the positives is the freedom to direct our efforts and make decisions without any pressure from a superior.
