CazT

Registered with Property118.com
Thursday 1st September 2016


Latest Comments

Total Number of Property118 Comments: 105

CazT

9:28 AM, 12th March 2022, About 2 months ago

UK Buy to let tax in Spain?

Reply to the comment left by Sjp at 12/03/2022 - 08:50
I'm sorry but as I'm not in this situation so I wouldn't like to comment. Both countries will insist on you paying tax, in Spain as a non-resident. I can give you contact details of my gestoría who is English and fully understands both UK and Spanish tax laws - she is extremely busy sorting out tax problems that Spanish 'tax advisors' have created for many Brits but she will always help where she can. Renting in Spain is a minefield and the Spanish taxman is brutal with fines and will take his money from your bank account without a by your leave! Getting it back, however, is nigh on impossible......as I know from bitter experience!... Read More

CazT

9:21 AM, 12th March 2022, About 2 months ago

UK Buy to let tax in Spain?

Reply to the comment left by Shakeel Ahmad at 12/03/2022 - 09:05
As I live in Spain and have been here more than 183 days, I am most definitely a fiscal resident. Regardless of that, I still have to declare my income to HMRC and pay UK tax on that income - that is the UK law. I am aware of double taxation but I must still declare my income, wherever it comes from - that is the Spanish law, so I'm not sure what 'it depends on....'... Read More

CazT

14:09 PM, 7th March 2022, About 3 months ago

UK Buy to let tax in Spain?

Hi Chris. I have been a resident in Spain since 2017. I pay UK tax on my rental properties then I declare everything again in my Spanish tax. You do not pay twice, in fact the Spanish tax authorities allow far more dispensations against costs, mortgage payments etc than the UK do. The most important thing is to get a good tax advisor in Spain. I used a Spanish advisor and it cost me a fortune (unfortunately a lot of these people just don't know what they are doing!). I now use an English lady who is a Spanish resident, who is fully informed re UK and Spanish tax laws. I can refer you to her if you would like to email me on caztspain@gmail.com, she does the majority of her work online and will do both UK and Spanish tax returns. Hope this helps....
BTW Spain does require you to declare your global assets but these are not taxed - Modelo 720.... Read More

CazT

12:53 PM, 1st July 2021, About 11 months ago

Step towards a fully digital planning system

I bet the apps are linked to HM Customs & Excise as well….... Read More

CazT

12:50 PM, 1st July 2021, About 11 months ago