Blog Category: Taxes in Spain

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Getting in touch with your English-speaking legal, tax and property firm

Posted and filed under General Articles of Interest, Legal Issues in Spain, Property in Spain, Property Purchase/Sale Service, Taxes in Spain.

… here in Spain, now that we have made it even easier. Did you know we have now introduced a comments section on the Spanish Solutions blog? The fact that you’re reading this at all tells us that you are already aware of who Spanish Solutions are. Amongst other achievements, we are a company who want to be known as… Read more »

Spanish Tax Clampdown

Posted and filed under Taxes in Spain.

In the past few weeks we have seen four or five letters in Spanish to clients demanding non resident tax as non payers have been caught. At last it seems the Tax Office has found a definite way to find people not paying non resident tax. We have previously written about the Spanish Tax Office finding people that were renting… Read more »

Plusvalía (Town Hall Tax) Blow

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

There has been more controversy with the Supreme Court of Spain recently. It has stated that the formula for calculating plusvalía (an increase on land value tax) issued by town halls is valid unfortunately, so the Town Halls will not have to change their bills for this tax. Many taxpayers had appealed and are waiting decisions on their bills. The… Read more »

Purchasing Property in Spain

Posted and filed under Property in Spain, Property Purchase/Sale Service, Taxes in Spain.

Purchasing property can often seem like a daunting process. You should look for a team who are very experienced . Our legal team prepares all. the paperwork. You can relax knowing we make buying a property as easy and stress-free as possible. We double check the legalities of the property purchase. Also provide advice and legal contracts between both parties and translation in the Notary…. Read more »

Spanish Income Taxes for Residents

Posted and filed under Taxes in Spain.

Spain’s fiscal/tax year is the natural calendar year. Income taxes in Spain should be paid between May 1 and June 30 for the previous year’s income (so this May/June for 2018). With a DNI or NIE, you can apply for a Número de Identidad Fiscal (NIF) in order to pay your taxes in Spain. Tax residents will need to pay… Read more »

Important – Non Resident Tax

Posted and filed under Taxes in Spain.

A reminder for those who were never advised by their previous solicitors, and have not spoken to an accountant, that it is law that all non residents that have a property in Spain pay non resident income tax each year. It is not expensive and nor is it too difficult to arrange with someone who knows how to submit this… Read more »

Act Now to Save Inheritance Taxes

Posted and filed under Brexit and Spain, Property in Spain, Taxes in Spain, Wills, Probate, Donation and Inheritance.

People are asking for clarity on the donation tax and inheritance tax rules and why they should act now! Brexit is coming, (we think). Absolutely nobody can predict how the landscape will look in March, but what we know for sure is: A property owner in some regions of Spain can donate their home to a family member for as… Read more »

Wealth Tax

Posted and filed under Taxes in Spain.

For those of you who remember the wealth tax which was previously abolished, Spain´s parliament have continued this year the wealth tax on those with net assets over 700,000€ . This is worldwide for residents and on just assets in Spain for non residents. Non residents need a fiscal representative to present the tax return. The main residence for residents… Read more »

You could be due a tax rebate if had a baby in Spain since 2014

Posted and filed under Taxes in Spain.

It has recently been announced that following a Supreme Court Judgement ruling in Spain, that parents who received paternity or maternity pay from the Spanish Tax office in the past 4 years, should now be able to reclaim the tax they paid on those benefits. In future, those having children will no longer be taxed on paternity or maternity pay…. Read more »

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 »

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