Property on the Military Zone

There are some areas in Spain which, due to its location are strategically protected due to the instalation of radars, antennas or military bases. In the South of Alicante province there are a few like Guardamar, Torrevieja, Orihuela and San Miguel de Salinas as well...

Renta 2017 and Patrimonio Tax Returns – Income and Wealth Tax

One more year the time has come to prepare your Annual Income Tax and Wealth Tax returns in Spain. This year, the last day to complete the submission if you want to pay by direct debit would be the 26th June and the last day to pay, the 2nd July, because the 30th June...

Brexit, what happens next?

We followed the whole process and results of the referendum during last night. As you know, the result, very adjusted, is to leave the European Union by around 1.1 Million votes of difference. After the speech of David Cameron this morning at 9 o’clock, there are...

Important Notice about Civil Service Pensions

There was too much confusion this year 2016 about declaring or not declaring Civil Service Pensions from this year’s Annual Income Tax Return but the problem has not finished. Under Spanish Income Tax Rules, that people whose income is under 11,500€ did have the...

140,990 Million Euros have been declared since 2013

Spanish Residents have declared in total 140,990 Million Euros from 2013 on the Overseas Asset Declaration which started in that year. The Director of the Spanish Tax Office (AEAT), Santiago Menendez, has declared that in 2016, more than 13,755 Million have been...

Tax Office focuses on undeclared Rental Income

  The Spanish Tax Office is focusing on the owners of rental properties during 2015. How do they do it? They have collected the information contained on advertisements on different specialized web pages to check with the returns and see if the rental income is...

Inheritance Tax

The Inheritance Tax is one of the most complex personal taxes you may find in Spain as there are 17 different laws to apply depending on the “Comunidad Autónoma” or “Region” where the deceased person has lived more time during the last 5 years....

Consequences of a Bad Tax Advice

“You get what you pay for, and if you pay for peanuts, you get monkeys“ We have seen many clients, more frequently in the last year, who have received a bad financial and tax advice. Many of them can only explain their choice by the Price they have to pay...

Is my Civil Service Pension taxable in Spain?

We have recently seen some clients with the following question: Is my Civil Service Pension taxable in Spain? Since we started working for Expats, we have seen many of them receiving “Old Age Pensions” or a “State Pension” and “Civil Service Pension”. Some of them do...

Form 720 and Overseas Asset Declaration

The Modelo 720, also called “Form 720″ or “Overseas Asset Declaration”, was introduced in November 2012 creating the obligation of submitting the return for the first time in 2013. It is intended for all fiscal residents of Spain to report...

Uso de cookies

Este sitio web utiliza cookies para que usted tenga la mejor experiencia de usuario. Si continúa navegando está dando su consentimiento para la aceptación de las mencionadas cookies y la aceptación de nuestra política de cookies, pinche el enlace para mayor información.plugin cookies

ACEPTAR