Tax Returns for Spanish Property Lets

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    • #191235
      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
      marios
      Participant

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

      • #191292
        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
      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
      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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