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ANGAR TAXATION SERVICE S.L. , Non Resident Taxation Advice and Planning, Wealth Tax, Income Tax, Capital Gains Tax, N.I.E. and N.I.F. Numbers, Spanish Residency, the Complete package for Non Resident Spanish Property Owners.

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TAX INFORMATION

The Tax Year in Spain runs concurrently with the calendar year, from Jan 1st until December 31st. Non Resident Wealth and Income Tax are payable for the previous Tax Year and so the Taxpayer has in effect almost one year to effect payment.

On this page one can find information about Taxes that can be demanded from Non Residents in Spain. Please remember that this can only be taken as a general guide. Dependant on ones own personal circumstances, it may be that other Taxes may be relevant or regional variations may apply. Generally speaking ALL Non Residents should pay:

1.Imputed or Notional Income Tax

- Amount to pay dependant on declared net value as shown on Title Deeds

- Tax is payable to National Tax Office

- Tax needs to be calculated and translated into declaration (Model 210) for each person

- Tax is due for each year of ownership, the following year (pay one year in arrears)

- Tax can be paid at any point in the year as one is paying for the previous Tax Year

 

2. Capital Gains Tax

- Amount to pay dependant on declared profit as shown on Title Deeds

- Tax is payable to National Tax Office

- Tax needs to be calculated and translated into declaration (Model 211/Model 212)

- Tax is taken immediately and further payment if required is made within three months

- Tax becomes due the date the Spanish property is sold at the Notary and within three months of sale (if applicable)

 

3. I.B.I. Tax

- Amount to pay dependant on rateable value assigned to Spanish property

- Tax is payable either directly to Town Hall or via local collection agency: 'Suma'

- Tax is payable normally via direct debit from bank upon issue of a bill

- Tax is normally demanded with bill issued each year in August

- Tax is due once bill is issued payment to be effected within one month

 

One can note that with Taxes nos. 1. and 2. no bills are issued by the National Tax Office. This is because in Spain, it is the responsibility of the individual Taxpayer (each person on the Title Deeds), to:

  1. Calculate the amount of Tax liablility
  2. Translate the information into the appropriate declaration of Tax
  3. Present declaration with payment of Tax to the National Tax Office

The althernative is to have ANGAR TAXATION SERVICE S.L. look after these matters on behalf of the Taxpayer.

Please note that with the I.B.I. Tax, the understanding is that the Spanish Property owners should setup a direct debit with their bank in order to facillitate the payment of bills issued each year and so we do not offer a Service with regard to the payment of I.B.I. Tax.

We cannot mention Tax without also mentioning the terms:

N.I.E.

N.I.F.

The two terms refer to an identification number that by Law is required to be applied for and issued to ALL persons who own part or full share of a property in Spain. It is therefore imperative that any persons who have an interest in a Spanish property make arrangements to apply for this number as soon as is possible to avoid any difficulties for them in the future.

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Page Last Updated: Tues 08.09.2009