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An extra 5% tax on none residents rental income/profit....
Posted: Wed Feb 03, 2021 2:25 pm
by Paul Carmel
Spain has for 2021 revised its tax system for UK tax payers on income from rental property in Spain, its gone from 19% to 24% with no allowances of any costs against income.
I dont have link to this, if anyone does it maybe helpful.
Posted: Thu Feb 04, 2021 8:22 am
by CSE
It is a common fact that under EU rules you should be taxed in the same way as nationals of that country and under the same conditions.
The only new bit is the UK left the EU.
The official link.
https://www.agenciatributaria.es/AEAT.i ... tes_.shtml
Posted: Thu Feb 04, 2021 9:51 am
by Paul Carmel
Thank you for the link.
Posted: Sat Feb 06, 2021 6:37 am
by CSE
This popped up in a news feed I have.
Non Spanish residents but are EU citizens are discriminated against.
https://www.spanishpropertyinsight.com/ ... inst-them/
That will not apply to all the members here as some live in Spain.
Posted: Sat Feb 06, 2021 10:03 am
by AndrewH
Several years ago a former member of LMH and a friend of mine, who happened to reside in Switzerland, but owns a holiday rental in Spain was required to pay a larger tax rate on receipts, because he lived outside the EU. This situation did not last for long, because a successful group action case was brought against Spain in Brussels on the matter, and Spain had to restore the status quo.
Posted: Sat Feb 06, 2021 3:27 pm
by CSE
Andrew, Spain has a number of non compliance issues outstanding with the EU.
Not all are tax related.
Posted: Wed Feb 10, 2021 6:30 pm
by Teguise
I have found that I am still liable to pay a Modelo 210 non-letting tax even though my property was not rented out at all in 2020.
I have used an online service called
www.spanishtaxesonline.com that takes care of calculating and filing this return on your behalf if you dont want to interact with the Agencia Tributaria website yourself.