help on tax and health care
Feb 28th 2018, 7:06 am
#1
Just Joined
Thread Starter
Joined: Feb 2018
Posts: 1
help on tax and health care
hi i am new to the forum and looking for some help my wife and i are planning on moving to the costa del sol where we have an apartment i am 55 my wife is 52 we do not intend on taking our private pensions for a few years yet as we plan on living of the money we receive from the sale of our home here in Scotland we pay none resident tax at the moment can anyone advise me what tax we would have to pay after we become residents and any information on health care would be helpful
Feb 28th 2018, 7:41 am
#2
MODERATOR
Joined: Mar 2007
Location: Costa Valencia
Posts: 14,800
Re: help on tax and health care
Hi and a warm welcome to the Spanish forum on BE. Myself and Fred James are the moderators for the Spanish forums whilst myself and BEVS moderate Europe. Please read the Site Rules Site Rules | British Expatriate Community adhere to them so that the site runs smoothly. Moderators are there to ensure that the rules of BE are maintained. This is so that members gain the information that they are looking for and find their experiences on the forums to be friendly and worthwhile.
Problems and complaints should always be addressed to a moderator who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are usually friendly and helpful with a wealth of knowledge about the issues of living in Spain. I hope that you enjoy your time participating in the forums.
Please let me know if you need any further help.
Rosemary
Problems and complaints should always be addressed to a moderator who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are usually friendly and helpful with a wealth of knowledge about the issues of living in Spain. I hope that you enjoy your time participating in the forums.
Please let me know if you need any further help.
Rosemary
Feb 28th 2018, 7:43 am
#3
BE Forum Addict
Joined: Feb 2013
Location: Benidorm, the most relaxing place in Spain.
Posts: 1,159
Re: help on tax and health care
hi i am new to the forum and looking for some help my wife and i are planning on moving to the costa del sol where we have an apartment i am 55 my wife is 52 we do not intend on taking our private pensions for a few years yet as we plan on living of the money we receive from the sale of our home here in Scotland we pay none resident tax at the moment can anyone advise me what tax we would have to pay after we become residents and any information on health care would be helpful
Have a look at this thread:
http://britishexpats.com/forum/spain-75/health-care-costs-908849/
Steve
Feb 28th 2018, 10:39 am
#4
Joined: Jun 2006
Location: Granada Costa
Posts: 10,902
Re: help on tax and health care
You will be liable for tax on any investment income. Make sure you do not become fiscally resident before you sell the house as you would be liable for Spanish capital gains tax.
You become fiscally resident after you have spent 183 days (not necessarily consecutive) in one calendar year in Spain. The problem is that in the year that you become tax resident you are classed as tax resident for the whole year. Timing is critical.
You become fiscally resident after you have spent 183 days (not necessarily consecutive) in one calendar year in Spain. The problem is that in the year that you become tax resident you are classed as tax resident for the whole year. Timing is critical.
