Taxable allowances
 

Hi all,
Can anyone advise whether such things as an hipoteca payment or an alimony payment are tax deductable in Spain.
Thanks for any help here
Cheers

Re: Taxable allowances
 

Mortgage payments are no longer deductible for the purchase of your home, but they are an allowable expense against income from a property bought specifically to let long term.

Alimony payments under a court order to a former spouse are deductible, but child maintenance payments are not.

Re: Taxable allowances
 

My accountant still declares the interest on my mortgage - is this not correct?

Re: Taxable allowances
 

Mortgages running before they changed the rules can still be deducted. It's not just the interest, the entire capital payment is deductible up to 9k per annum.