HELLO
Apr 14th 2014 | 5:37 am
#31
Senior Moment
Joined: Jan 2006
Posts: 20,459
From: On the edge
Re: HELLO
Ive thought of Cryogenics, but I think I'll go for the Japanese approach, where they found a guy that was about 115 in the back room of a house who had been dead for years, but no one notified the authorities. In that way I can draw my pension forever .............
Apr 14th 2014 | 5:45 am
#32
Banned
Joined: Apr 2008
Posts: 3,081
Re: HELLO
Well statistically I will go first
Ive thought of Cryogenics, but I think I'll go for the Japanese approach, where they found a guy that was about 115 in the back room of a house who had been dead for years, but no one notified the authorities. In that way I can draw my pension forever .............
Ive thought of Cryogenics, but I think I'll go for the Japanese approach, where they found a guy that was about 115 in the back room of a house who had been dead for years, but no one notified the authorities. In that way I can draw my pension forever .............
Apr 14th 2014 | 5:59 am
#33
BE Enthusiast
Joined: Jun 2013
Posts: 990
Re: HELLO
I'm assuming that all of us pay tax somewhere, probably the UK before we come to Spain. I'm also assuming that we don't turn a funny colour after 184 days and people jump out of bushes to grab us to pay Spanish taxes. We can't anyway, HMRC need to give us permission to pay our taxes elsewhere, I believe it's quite complicated and needs documentary proof from our new place, Spain in this case.
The recent furore over Osborne's overseas taxes threat relate to British people hiding money in Switzerland, just like good old Barcenas, the significance being that Switzerland is outside the EU and not subject to mutual tax laws within the EU.
The UK and Spain are both EU members and already fully cooperate against tax evaders.
I don't know the answer but does it really matter if a few expat pensioners still pay their tax in the UK even if they've lived in Spain for a few years? It's all in the EU isn't it and Brussels just floats the money around to those that need it most.
The recent furore over Osborne's overseas taxes threat relate to British people hiding money in Switzerland, just like good old Barcenas, the significance being that Switzerland is outside the EU and not subject to mutual tax laws within the EU.
The UK and Spain are both EU members and already fully cooperate against tax evaders.
I don't know the answer but does it really matter if a few expat pensioners still pay their tax in the UK even if they've lived in Spain for a few years? It's all in the EU isn't it and Brussels just floats the money around to those that need it most.
Ex pats abiding by the rules pay cgt on houses they sell in Spain, on isas, lump sums inheritances- why should some get away with not paying?l
Why should some have the hassle of having to submit the 720, and others escape it?
These expats putting a virtual two fingers up to the Spanish tax office need to be flushed out and made to pay what they owe.
Apr 14th 2014 | 6:29 am
#34
Lost in BE Cyberspace
Joined: May 2009
Posts: 5,753
From: Alicante province
Re: HELLO
I can see the Python sketch now, a million expats nailed to the cross right along the coast from Valencia to Gibraltar.
I know the song they would be singing.
I know the song they would be singing.
Apr 14th 2014 | 6:49 am
#36
Senior Moment
Joined: Jan 2006
Posts: 20,459
From: On the edge
Re: HELLO
Yes it does matter- paying tax here is a legal liability, not a choice!
Ex pats abiding by the rules pay cgt on houses they sell in Spain, on isas, lump sums inheritances- why should some get away with not paying?l
Why should some have the hassle of having to submit the 720, and others escape it?
These expats putting a virtual two fingers up to the Spanish tax office need to be flushed out and made to pay what they owe.
Ex pats abiding by the rules pay cgt on houses they sell in Spain, on isas, lump sums inheritances- why should some get away with not paying?l
Why should some have the hassle of having to submit the 720, and others escape it?
These expats putting a virtual two fingers up to the Spanish tax office need to be flushed out and made to pay what they owe.
Apr 14th 2014 | 7:02 am
#37
FreeThinker
Joined: Nov 2009
Posts: 9,702
From: the moors and levels
Re: HELLO
Yup - expats should try to emulate their hosts - it's called integration. Why should they be any different?
Apr 14th 2014 | 8:05 am
#38
On the road again.
Joined: Aug 2008
Posts: 17,507
From: On Top of the World
Apr 14th 2014 | 8:49 am
#39
Joined: Jun 2006
Posts: 11,231
From: Granada Costa
Re: HELLO
HMRC have to give you permission NOT to pay tax in the UK, and, yes, you will have to prove that you are paying tax in Spain before they will stop taxing you in the UK.
The Spanish can tax you on your worldwide income once you become tax resident and they do not need your permission, or that of HMRC to do that.
HMRC will only allow you to NOT pay UK tax on pensions (excluding UK government pension), annuities, royalties and savings interest. Everything other income arising in the UK will be taxed in the UK (but you will get UK personal allowances) and you can offset that tax against any tax paid in Spain on the same income.
Apr 14th 2014 | 9:16 am
#40
Moderator
Joined: Mar 2007
Posts: 15,149
From: Costa Valencia
Re: HELLO
I'm assuming that all of us pay tax somewhere, probably the UK before we come to Spain. I'm also assuming that we don't turn a funny colour after 184 days and people jump out of bushes to grab us to pay Spanish taxes. We can't anyway, HMRC need to give us permission to pay our taxes elsewhere, I believe it's quite complicated and needs documentary proof from our new place, Spain in this case.The recent furore over Osborne's overseas taxes threat relate to British people hiding money in Switzerland, just like good old Barcenas, the significance being that Switzerland is outside the EU and not subject to mutual tax laws within the EU.
The UK and Spain are both EU members and already fully cooperate against tax evaders.
I don't know the answer but does it really matter if a few expat pensioners still pay their tax in the UK even if they've lived in Spain for a few years? It's all in the EU isn't it and Brussels just floats the money around to those that need it most.
The UK and Spain are both EU members and already fully cooperate against tax evaders.
I don't know the answer but does it really matter if a few expat pensioners still pay their tax in the UK even if they've lived in Spain for a few years? It's all in the EU isn't it and Brussels just floats the money around to those that need it most.
Rosemary
Apr 14th 2014 | 9:56 am
#41
BE Forum Addict
Joined: Feb 2013
Posts: 1,260
From: Benidorm, the most relaxing place in Spain.
Re: HELLO
Not complicated at all. You have to complete a form (cannot remember the number) this is about your pensions from the UK, this is then stamped and signed by the hacienda and you send it back to the UK. The form comes with clear instructions and it is in English and Spanish so it has been well thought out.
Rosemary
Rosemary
Apr 14th 2014 | 10:01 am
#42
Moderator
Joined: Mar 2007
Posts: 15,149
From: Costa Valencia
Re: HELLO
Rosemary
Apr 14th 2014 | 10:08 am
#43
Senior Moment
Joined: Jan 2006
Posts: 20,459
From: On the edge
Re: HELLO
It used to be called an FD9 iirc, lodged with the tax office (in our case) in Valencia and then forwarded to HMRC in the UK
Apr 14th 2014 | 10:25 am
#44
Moderator
Joined: Mar 2007
Posts: 15,149
From: Costa Valencia
Re: HELLO
Rosemary
Apr 14th 2014 | 5:38 pm
#45
Joined: Jun 2006
Posts: 11,231
From: Granada Costa
Re: HELLO
It does seem to have changed recently. There is a new form which replaces the old FD9 (dated December 2013). It now requires you to give all the information about the UK income you wish to be paid gross but now, it seems, you must also submit a certificate of tax residence from Hacienda with that form.
Getting that certificate from Hacienda will be a challenge until you have actually submitted an annual tax return.
This is the form
http://www.hmrc.gov.uk/cnr/spain-individual.pdf
Getting that certificate from Hacienda will be a challenge until you have actually submitted an annual tax return.
This is the form
http://www.hmrc.gov.uk/cnr/spain-individual.pdf
