When do we start paying non-residential tax?

Posted: Sun Jun 14, 2020 9:22am

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Suzw29

Posts: 25

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Location: Algorfa

Joined: 14 Jun 2020

Hi,

We bought our property on la finca golf complex in September 2019 and not sure when we would have to start paying any non residential tax. Due to the covid crisis we have not been able to get to our property so not sure of the correct process and have not been able to access any post. Does anyone have a rough idea of the cost of the tax? Is it paid in a particular month? I have read Jim’s details about a company who will charge for the form to be completed but will I do this after the first year of ownership?

Many thanks.

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Posted: Sun Jun 14, 2020 9:29am

Joanne60

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Location: Los Altos

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Posted: Sun Jun 14, 2020 9:29am

Hi. I bought my property in October 2019 and my tax is due at the end of this year so yours will probably be the same I guess. I did it all with Angar Taxation Services as recommended by Jim and they were very efficient. All done and dusted in a matter of days.

Posted: Sun Jun 14, 2020 11:53am

Kimmy11

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Location: Formentera Del Segura

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Posted: Sun Jun 14, 2020 11:53am

Hi Suz,

If you don't rent out your property, Non-residents' tax is due by 31 December for the preceding year, so as you bought your property last year, you need to pay the tax for last year, by December this year. If you rent out your property, the tax return has to be done quarterly.

Some companies charge for tax returns per person, but Spanish Tax Forms charge per property and are highly recommended:

http://www.spanishtaxforms.co.uk/

Kind regards,

Kim

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Posted: Sun Jun 14, 2020 12:25pm

Suzw29

Original Poster

Posts: 25

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Location: Algorfa

Joined: 14 Jun 2020

Posted: Sun Jun 14, 2020 12:25pm

Joanne60 wrote on Sun Jun 14, 2020 9:29am:
Hi. I bought my property in October 2019 and my tax is due at the end of this year so yours will probably be the same I guess. I did it all with Angar Taxation Services as recommended by Jim and they were very efficient. All done and dusted in a matter of days.

That’s great many thanks

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Posted: Sun Jun 14, 2020 12:27pm

Suzw29

Original Poster

Posts: 25

21 helpful points

Location: Algorfa

Joined: 14 Jun 2020

Posted: Sun Jun 14, 2020 12:27pm

Kimmy11 wrote on Sun Jun 14, 2020 11:53am:
Hi Suz,
If you don't rent out your property, Non-residents' tax is due by 31 December for the preceding year, so as you bought your property last year, you need to pay the tax for last year, by December this year. If you rent out your property, the tax return has to be done quarterly.

Read more...

Some companies charge for tax returns per person, but Spanish Tax Forms charge per property and are highly recommended:
http://www.spanishtaxforms.co.uk/
Kind regards,
Kim

Hi Kim,

Thank you, we are hoping to be over in September, if Spain allows uk citizens in,so will get all sorted, do you have any idea what the tax amount will be, we don’t intend to rent.

Regards,

Suzanne.

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Posted: Sun Jun 14, 2020 12:37pm

Kimmy11

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Posted: Sun Jun 14, 2020 12:37pm

Hi Suz,

The tax is based on the Cadastal (land registry) value of your property. Look at Jim's guides, and scroll down to the section on Non-resident's tax, one of them includes an example of the calculation:

Jim's guides - your complete guide to Spain

If I remember correctly, the Non-resident tax for our first year here, before we became Resident, was Eu 144 for a 3 bed/3 bath detached house with private pool. We lived here less than 6 months in that first year, so it may have been pro-rated, but Jim's guides should advise.

Kind regards,

Kim

Posted: Sun Jun 14, 2020 1:28pm

Suzw29

Original Poster

Posts: 25

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Location: Algorfa

Joined: 14 Jun 2020

Posted: Sun Jun 14, 2020 1:28pm

Kimmy11 wrote on Sun Jun 14, 2020 12:37pm:
Hi Suz,
The tax is based on the Cadastal (land registry) value of your property. Look at Jim's guides, and scroll down to the section on Non-resident's tax, one of them includes an example of the calculation:

Read more...

Jim's guides - your complete guide to Spain
If I remember correctly, the Non-resident tax for our first year here, before we became Resident, was Eu 144 for a 3 bed/3 bath detached house with private pool. We lived here less than 6 months in that first year, so it may have been pro-rated, but Jim's guides should advise.
Kind regards,
Kim

Kim,

Thats really kind of you, I will check out his comments.

Regards,

Suzanne

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Posted: Sun Jun 14, 2020 4:55pm

jimtaylor

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Posted: Sun Jun 14, 2020 4:55pm

Suzw29 wrote on Sun Jun 14, 2020 9:22am:
Hi,
We bought our property on la finca golf complex in September 2019 and not sure when we would have to start paying any non residential tax. Due to the covid crisis we have not been able to get to our property so not sure of the correct process and have not been able to access any post. Does anyone...

Read more...

... have a rough idea of the cost of the tax? Is it paid in a particular month? I have read Jim’s details about a company who will charge for the form to be completed but will I do this after the first year of ownership?
Many thanks.

You obviously only pay for the proportion of 2019 that you owned the property. If you jointly own it, the tax return would cost you €40, from:

https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-tip-non-resident-tax-returns-for-20-inc-payment-51142/

That €40 includes payment, so would be cheaper than Spanish Tax Forms.

Even cheaper would be to do the tax return yourselves:

https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-guide-non-resident-tax-part-1-theory-no-rental-income-75479/

https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-guide-non-resident-tax-part-2-tax-return-no-rental-income-75922/

https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-guide-non-resident-tax-part-3-paying-the-tax-76186/

Posted: Mon Jun 15, 2020 7:34am

Suzw29

Original Poster

Posts: 25

21 helpful points

Location: Algorfa

Joined: 14 Jun 2020

Posted: Mon Jun 15, 2020 7:34am

jimtaylor wrote on Sun Jun 14, 2020 4:55pm:
You obviously only pay for the proportion of 2019 that you owned the property. If you jointly own it, the tax return would cost you €40, from:
https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-...

Read more...

...25/jims-tip-non-resident-tax-returns-for-20-inc-payment-51142/
That €40 includes payment, so would be cheaper than Spanish Tax Forms.
Even cheaper would be to do the tax return yourselves:
https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-guide-non-resident-tax-part-1-theory-no-rental-income-75479/

https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-guide-non-resident-tax-part-2-tax-return-no-rental-income-75922/

https://www.costablancaforum.com/area/almorad%C3%AD-spain-11/taxes-suma-nie-tax-advice-in-almorad%C3%AD-25/jims-guide-non-resident-tax-part-3-paying-the-tax-76186/