![]() |
Yes, another tax question
Well more asking for confirmation really.
Brit, non-resident. Owned my property nr Cadiz for 20 years. Normally do the annual modelo 210 as I have never rented it out in the past. This year will be renting it out for the first time - so my basic understanding is that I have to pay 24% on the gross with no deductibles and no tax-free allowance etc. Plus need to do 4 tax returns a year. Have I missed any secret sauce? Is this really how bad it is? TIA |
Re: Yes, another tax question
Originally Posted by Cape Blue
(Post 13167112)
Well more asking for confirmation really.
Brit, non-resident. Owned my property nr Cadiz for 20 years. Normally do the annual modelo 210 as I have never rented it out in the past. This year will be renting it out for the first time - so my basic understanding is that I have to pay 24% on the gross with no deductibles and no tax-free allowance etc. Plus need to do 4 tax returns a year. Have I missed any secret sauce? Is this really how bad it is? TIA |
Re: Yes, another tax question
Originally Posted by Ronnyone
(Post 13167114)
Do you not need a licence too?
|
Re: Yes, another tax question
|
Re: Yes, another tax question
Originally Posted by Ronnyone
(Post 13167114)
Do you not need a licence too?
Only for short-term (tourist) rentals |
Re: Yes, another tax question
Yes, a licence is now required, I think the rules vary between regions
more here https://expatsmagazine.org/recommend...ist-apartment/ |
Re: Yes, another tax question
Well, I've spoken to a Spanish tax person who has suggested that the tax authority turn a blind eye to the quarterly returns when it's a full-time rental (different form apparently) and accept once a year, so I'm going to roll with that rather than a ridiculous 4 times per year.
|
Re: Yes, another tax question
Originally Posted by Cape Blue
(Post 13167112)
Well more asking for confirmation really.
Brit, non-resident. Owned my property nr Cadiz for 20 years. Normally do the annual modelo 210 as I have never rented it out in the past. This year will be renting it out for the first time - so my basic understanding is that I have to pay 24% on the gross with no deductibles and no tax-free allowance etc. Plus need to do 4 tax returns a year. Have I missed any secret sauce? Is this really how bad it is? TIA |
Re: Yes, another tax question
Originally Posted by UKMS
(Post 13168580)
Exactly the same scenario as us. My tax guy now does ours 4 x per year and the tax goes out of the bank automatically, no hassle from our side at all, I dont touch anything. I didnt want to chance a fine by doing once a year.
|
Re: Yes, another tax question
Originally Posted by spainrico
(Post 13167237)
Yes, a licence is now required, I think the rules vary between regions
more here https://expatsmagazine.org/recommend...ist-apartment/ |
Re: Yes, another tax question
Originally Posted by Cape Blue
(Post 13169294)
Can you give me the details of your tax guy and what they charge you.
|
Re: Yes, another tax question
Originally Posted by UKMS
(Post 13170110)
sent you PM
|
| All times are GMT -12. The time now is 10:20 pm. |
Powered by vBulletin: ©2000 - 2026, Jelsoft Enterprises Ltd.
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.