Spanish holiday home tax fiasco: Britons win £2.6m payouts

Spanish Property Insight Forums Spanish Property Forums Real Estate Topics, News & Discussion​ Spanish holiday home tax fiasco: Britons win £2.6m payouts

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    Mark Stücklin
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    From The Telegraph:

    British owners of Spanish holiday homes have been refunded at least €3.3 million (£2.6m) in punitive taxes they should never have been charged.

    The Spanish authorities are being forced to repay millions of euros to Britons who were overcharged for inheritance tax.

    There is another €7 million’s worth of claims in the pipeline being handled by Barcelona-based law firm Spanish Legal Reclaims.

    http://www.telegraph.co.uk/expat/property/spanish-holiday-home-tax-fiasco-britons-win-26m-payouts/

    The article goes on to say that as many as 100,000 people could have been overcharged €300m in Inheritance Tax, and that’s just the British.

    Of course, this being Spain, claiming your money back from the taxman ain’t easy.

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