Spain Explained

A guide for foreigners on every aspect of safe property ownership in Spain

Posts filtered by Spanish income tax

Spanish tax on rental income: rates, deadlines and recommendations

Spanish tax on rental income

British nationals are by far the largest group of foreign homeowners in Spain. Many keep their property as a holiday home or only live there part time, either renting their property to other holiday makers or long term tenants for some of the year. For many, this is a valuable source of income. However, as […]

Renting in Spain – the tax implications


Renting is a good option if you are looking to make some money out of a property you have bought in Spain. Whether it is a short term or long term let, renting is increasingly popular and many different types of property are in demand. Some people choose to do all the paper work themselves […]

The resident tax declaration


During the months of April to June, fiscal representatives around the Spain are very busy. This is the time of year when the Spanish resident tax declarations are completed.  If you are over a basic threshold then you are required to complete an annual tax declaration in Spain as a resident before June 30th  each […]

Disclosing property rentals in Spain


In 2012 the Spanish tax authority uncovered 4,700 undeclared rentals as a result of information received from the electricity companies. This is probably the tip of the iceberg. Many non-resident property owners who rent out their property in Spain still seem to be unaware of the need to declare their Spanish rental income to the […]

Income Tax in Spain for Non-residents


What must I pay? You must pay for each property: Local Taxes (Council Tax, IBI) Government Taxes (Income Tax) Local Taxes These taxes are paid directly to your Town Hall or via the SUMA offices. They are a form of Council Tax. Government taxes These taxes are paid to the Agencia Tributaria (Tax Authority). They […]

Resident Taxes in Spain


I am resident in Spain. What should I be paying? If you are resident in Spain you have to pay two types of taxes each year: Local Taxes (Council Tax, IBI) These taxes are paid directly to your Town Hall or via the SUMA offices. Government Taxes (Income Tax) These taxes are paid to the […]