Residency in Spain & paying taxes..........

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Nov 19th 2010, 5:13 am

#16

EsuriJohn

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Re: Residency in Spain & paying taxes..........

Quote:

Originally Posted by fionamw

Not really.... we have the Spanish/English identical will thing done & with 3 children between us it's something we think we have sorted.

Having checked out the link in Fred's post I might still fall foul cos even though my interest-only is well below the threshhold it's from two (miniscule) accounts in the UK. Maybe just shut one & put it all in the one place.

Yes we have done all the mirror image bit and made each of us Usfruct for the other but it was not that aspect I was on about. As a Spanish Tax Resident you do not benefit from the extra allowance in each Autonomo unless you are not only registered for tax (Modelo 030) but have filed a tax return even if you not only do not pay any tax but you may get a refund. Also this has to be over a period of years about 5 I think.