I am resident here in Spain do my Spanish tax return every year, at present have a flat i rent out in England am thinking of stopping the rental on it so I can use it to go back to when I want. What would be the implications.
Macey21 wrote on Mon Jan 23, 2023 11:21am:
I am resident here in Spain do my Spanish tax return every year, at present have a flat i rent out in England am thinking of stopping the rental on it so I can use it to go back to when I want. What would be the implications.
You will probably still have to pay tax on "assumed" income from your property in the UK. I understand that the Spanish tax man will assume that you will be getting an income from your UK property even if you are not.
Steve
Posted: Tue Jan 24, 2023 12:39pm
Legendary helpful member
Hi Macey21,
Your tax advisor in Spain should be able to answer this question for you. I also have a property in the UK that I rent out - I'll ask my tax advisers, Abaco, and see what they say.
Kind regards,
Kim
Kimmy11 wrote on Tue Jan 24, 2023 12:39pm:
Hi Macey21,
Your tax advisor in Spain should be able to answer this question for you. I also have a property in the UK that I rent out - I'll ask my tax advisers, Abaco, and see what they say.
Read more...
Kind regards,
Kim
Thanks Kim
Posted: Tue Jan 24, 2023 4:50pm
Super helpful member
Macey21 wrote on Tue Jan 24, 2023 12:51pm:
Thanks Kim
if you are a tax resident in Spain with a UK property, and you do not rent it out, you still have to pay tax on the imputed rent. The contents of the following link will provide an explanation:
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