taxes in general

Hi Albertto,

You don't say how long you've owned the property, but if you're not living in it yet, any tax due is likely to be Non-resident tax.  Whether you appoint a gestor or tax advisor to do this for you, really depends on how good your Spanish is and whether you feel inclined to do it yourself.  I'd suggest reading "Jim's guides" on this forum - all worth a read, they're organised into sections, so you can pick out the ones on Non-resident tax:

Jim's guides - your complete guide to Spain

Kind regards,

Kim

Thanks  kim

My Spanish is almost  non existent I'm afraid,  bought in January,  hoping  to move  in June,  July. 

Been reading Jim's tips and advice but it's a lot to take  in!!

Also taking pensions, lump sums etc before  we come so would  need tax advice  and help with  all that as well.

We have  a Spanish  lawyer but don't  think he would  specialise  in taxes as well as legal  issues. 

Gestors lawyers or tax specialists, unsure  what's for  the  best  but will continue  reading anyway!!

Hi Albertto,

Whoever owned the property on 1 January this year, is liable for this year's IBI (Council Tax), a local tax collected on behalf of your Town Hall (Ayuntamiento) by SUMA.  It's not due until September/October, so if the previous owners are liable, your lawyer (abogado) should have retained an amount from the purchase money to pay that and any other outstanding bills, such as Plusvalia, a tax levied on the increase in value of the land on which the property is built - the vendor's liability.

As you completed this year, the deadline for your Non-resident tax is 31 December (the Spanish tax year runs from 1 Jan to 31 Dec).  As you're not moving here until July, so presumably won't get your residency until the second half of this year, you'll pay a pro-rata Non-resident tax this year and then you'll become liable for Resident tax next year.

For calculation and payment of Non-resident tax, I'd recommend using:

www.spanishtaxforms.co.uk

but Jim recommends an even cheaper option in his guides on Non-resident tax.

My personal opinion is that it makes sense to use the professional most appropriately skilled for the task at hand, i.e. a gestor for NIE, residency and driving licence exchange, a lawyer for house purchase and anything else contractual, and a tax advisor for tax.  I use Abaco Advisers, but their nearest office to you is Alicante, so probably best to ask for other recommendations closer to you.  They do have an informative website though, which you may find useful:

www.abacoadvisers.com 

Savings and pension benefits that are tax-free in the UK are not tax-free in Spain, such as ISAs and 25% pension lump sum draw down, so that's definitely an area where you need specialist advice.

Kind regards, 

Kim

Wow kim firstly thank you  so much for the  time you have  taken to write  all that!

I agree,  I would  require a tax specialist as I'm aware  along with non residential tax also  taking lump sums and pensions while still in the  UK  also have implications once  in Spain. 

I have been reading abaco advisors and will hunt out  similar around  albir if I am lucky.

Just  want  to get it right and not  have  any nasty  surprises!

Thanks  again 👍👍

For anybody wanting to pay there Non-Residents Tax ,I always calculate it my self and pay it at the Saberdell Bank in Albir.

It is done online in English and then printed out ,the info on this site is a little out of date but it will give you the general idea.

Good Luck.:)

http://www.thehendy.co.uk/modelo210/index.html