Tax Returns for Spanish Property Lets

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This topic contains 4 replies, has 4 voices, and was last updated by Profile photo of kippydog kippydog 5 months, 3 weeks ago.

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  • #191235
    Profile photo of BenS1
    BenS1
    Participant

    Hi all,

    Hopefully I’m posting this int he right forum?

    I’m planning on buying a property in Spain (Costa Del Sol) to use as a holiday home and whilst I’m not there to let out as a holiday rental. I’ve read the great guides on this site, including the information stating that I’d have to do Spanish Tax Returns for the Income I receive on the rentals.

    Having consulted an accountant who deals with Spanish Tax Returns I was told that I’d need to do the returns quarterly, and both for myself and my wife (The property would be in joint names), so that’s 8 tax returns a year in total at a cost of £300 each!

    Is this correct? Do the returns need to be done quarterly instead of annually as we do in the UK?

    Kind Regards
    Ben

     

  • #191243
    Profile photo of marios
    marios
    Participant

    Yes it is quarterly but £300 each one, way too high.

    • #191292
      Profile photo of kippydog
      kippydog
      Participant

      Are you sure you have to do them quarterly? Is this something which is just for non residents?  I am resident and have to do no  more than include on my annual return.

  • #191269
    Profile photo of Sandra Wales
    Sandra Wales
    Participant

    Way too much

    I use a company in the UK called Spanish tax Forms

    http://spanishtaxforms.co.uk/

    Way cheaper and very efficient

     

    Good luck

  • #191282
    Profile photo of BenS1
    BenS1
    Participant

    Thank you both for your replies.

    Sandra I’ll take a look at that site, thanks.

    Kind Regards
    Ben

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