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

Last updated on November 10th, 2020 at 01:50 pm. 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, […]

Renting in Spain – the tax implications

renting-in-spain-tax-implications

Last updated on April 30th, 2020 at 05:39 pm. 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 […]

The resident tax declaration

resident-tax-declaration-spain

Last updated on March 19th, 2020 at 10:02 am. 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 […]

Disclosing property rentals in Spain

property-rentals-in-spain

Last updated on March 19th, 2020 at 10:03 am. 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 […]

Income Tax in Spain for Non-residents

income-tax-spain-non-residents

Last updated on March 19th, 2020 at 10:33 am. 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 […]

Resident Taxes in Spain

resident-taxes-spain

Last updated on March 19th, 2020 at 10:34 am. 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 […]