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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 -
Yes it is quarterly but £300 each one, way too high.
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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.
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Way too much
I use a company in the UK called Spanish tax Forms
Way cheaper and very efficient
Good luck
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Thank you both for your replies.
Sandra I’ll take a look at that site, thanks.
Kind Regards
Ben
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