English speaking tax person to do my tax returns

Posted: Mon Mar 2, 2020 1:36pm

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Posts: 7

Location: Catral

Joined: 9 Feb 2016

Hello forum,

I am looking for an English speaking tax advisor who can do my tax return for me,the person should have a good knowledge of local government pensions and purchased annuities,can anyone help,have had a few off other forums only to find out that either they do not speak English or they have no knowledge of certain types of pension,so please can anybody help with this

Regards

Billy10

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Posted: Mon Mar 2, 2020 2:20pm

jimtaylor

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Joined: 2 Feb 2017

Posted: Mon Mar 2, 2020 2:20pm

I've never yet found a Spanish tax adviser who knows the job properly, but Kim uses Abaco Advisers at Rojales and I understand she's satisfied with their service.

When you provide figures to whoever you go for, give them the amount of the local authority pension separately, and tell them it's to go in the section of the tax return related to income exempt from direct taxation in Spain under the double taxation treaty. For the 2018 return this was box 0525, but that number tends to change on a regular basis.

Ref annuities, again I've never found a tax adviser who recognises UK annuities as qualifying for tax relief. If the fund used to buy an annuity was paid into by an employer, then the annuity payments count as earnings related income and the full amount must be declared. If however it was you who paid into the fund, then you only pay a proportion of the annuity received, and that has to be declared as savings related income. If that is the case, work out the taxable amount yourself and give that figure to your fiscal as savings income. That will save you having to argue the toss about annuities.

https://www.costablancaforum.com/area/la-marina-spain-72/taxes-suma-nie-tax-advice-in-la-marina-25/residents-income-tax-annuities-20466/

And if you follow my other tax guides, you can do returns yourself.