Blog Category: Taxes in Spain

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Income Tax for Non Residents

Posted and filed under Taxes in Spain.

Income Tax (Individual Income tax for Non-Residents or Non-Resident tax) Non-Resident tax is the commonly used term for the income tax charged to Spanish property owners who are non-residents. Many people do not realise that regardless of whether or not their property in Spain is rented out, they have to pay this tax each year. It is an obligation. When… Read more »

How to be prepared for an Inheritance Process

Posted and filed under Legal Issues in Spain, Newsletters, Taxes in Spain, Wills, Probate, Donation and Inheritance.

Also other Important Interesting Points (Inheritance and Property Ownership.) We recently had a case whereby a gentleman came to us for help with completing an inheritance from his wife to him, after she had passed away in Spain. There was just a bank account. When we asked him if his wife had any other assets in Spain to take into consideration,… Read more »

Residency For British Citizens in Spain and the 3/6 Month Confusion

Posted and filed under Newsletters, Paperwork (NIE, Residencia, Padron), Taxes in Spain.

From time to time we have clients say to us that on many websites it says after 3 months you must get residency, and on others that after 6 months you are legally resident. This causes a great deal of confusion to those intending to move to Spain (especially prior to Brexit) and wanting to get their paperwork in order. Spanish… Read more »

Important Spanish Inheritance and Gift Tax Update admidst Brexit Uncertainty

Posted and filed under Brexit and Spain, Legal Issues in Spain, Taxes in Spain.

Many of you will not realise that inheritance and gift tax in Spain is decided at government levels but also by each region.  Each region of Spain is autonomous and so can apply their own tax reductions to inheritances and gifts. This is very important to know as in Spain, a property is generally not owned in the same way as… Read more »

Non-Resident Tax and SUMA

Posted and filed under Taxes in Spain.

We wish to advise all our clients that the last day for payment of non resident tax in time for the 2016 tax year (it is paid a year in arrears) is 1st December.  This is due to the fact that, not only do we need to prepare the tax return forms, the bank has a large amount of taxes to… Read more »

A Revision to the Self-Employed Law in Spain (New Autonomo Law)

Posted and filed under Taxes in Spain.

From January 1, 2018, new proposals will come into effect with regard to the Self-Employed. You may find this interest if you are thinking of setting up a business in Spain, especially if moving here to set up a new business. There is an obligation to pay Social Security contributions in Spain (which cover sickness, pensions etc), and the new measures… Read more »

Confirmation Where you Live for Tax Purposes (Updated)

Posted and filed under General Articles of Interest, Legal Issues in Spain, Taxes in Spain.

Have you received a letter from a bank (perhaps in your home country) asking you to confirm where you live for tax purposes? There have been many enquiries on Facebook and forums mentioning this subject. So what is it all about? Well, these letters often say something like ‘There has been a change in the international tax legislation which has… Read more »

Taxation of Rental Properties

Posted and filed under Taxes in Spain.

What are the tax implications of renting out a Spanish property? Are you a non-resident who owns a holiday home in Spain which you they rent out? The rental income of non-Spanish residents should be declared in Spain even it is properly declared in the country where you are tax resident (e.g. the UK which does expect its residents to… Read more »

Non-Resident Tax Spain

Posted and filed under Taxes in Spain.

We can help you pay this without you needing to come to Spain, and can do this for properties all over Spain. You may already be a non-resident tax payer and wish to compare prices of the returns. Please contact office@spanishsolutions.net What is the non-resident tax? Non-Resident tax is the commonly used term for the small tax paid by non-resident Spanish property… Read more »

What Do I Need to Work in Spain?

Posted and filed under Businesses in Spain, Taxes in Spain.

To work in Spain, the following is needed by everyone:- NIE Number Social Security Number Tax Adviser* *This is not strictly necessary, however in the case of ‘autonomo’ (Self-Employed) the process is complicated and we recommend that you take advice from a registered Tax and Fiscal Adviser. For residents of the European Community, there is currently no need to obtain… Read more »

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