Tax Return - Banking and finances in Orihuela Costa - Orihuela Costa forum - Costa Blanca forum in the Alicante province of Spain
Blacktower Financial Management
AA Free English TV
Gentlevan Removals
James Spanish School
interior building work
Gran Alacant Insurances
Costa Blanca Building Specialists
ASSSA Insurance
Expat Services
Car Key Solutions
Espana Dream Properties
Thy Will Be Done
Airport Service Taxi Mil Palmeras  Torre de la Horadada
Jennifer Cunningham Insurances SL

Join the Orihuela Costa forum

Join the Orihuela Costa forumMy name's Alex and this is my website all about Orihuela Costa in Spain. Register now for free to talk about Banking and finances in Orihuela Costa and much more!

Tax Return

Posted: Wed Apr 24, 2019 7:47pm
3 replies144 views2 members subscribed
Kate0906

Posts: 6

1 helpful points

Location: Villamartin

Joined: 18 Mar 2019

Hi everyone

I purchased a property in Orihuela back in October 2018.  I paid tax on the purchase price and I have not received any income on the property ( meaning I haven’t rented it out)

Do I need to do a tax return for the spanish government every year and if I do how do I do it?  I have a spanish bank account.

Any advice gratefully received.

Kate

John56

Posted: Wed Apr 24, 2019 7:53pm

John56

Legendary helpful member

Posts: 2995

5635 helpful points

Location: La Zenia

Joined: 7 Jul 2016

Posted: Wed Apr 24, 2019 7:53pm

Kate0906 wrote on Wed Apr 24, 2019 7:47pm:

Hi everyone

I purchased a property in Orihuela back in October 2018.  I paid tax on the purchase price and I have not received any income on the property ( meaning I haven’t rented it out)

Do I need to do a tax return for the spanish government every year and if I do how do I do it?  I have a spanish bank account.

Any advice gratefully received.

Kate

You have to pay tax or at least declare your income, what you pay depends on your status in Spain. As a non-resident you have to pay Non- Resident Tax, in December 2019 you should pay that Tax from the date of your property purchase to 31/12/2018. If you are Resident and have Residencia then you should be declaring an Annual Tax Return for 2018. Best advice is to read Jim Taylor's superb guides to Living In Spain, they can be found by clicking on the Announcements Tab on the Forum Homepage.

jimtaylor

Posted: Thu Apr 25, 2019 5:30am

jimtaylor

Legendary helpful member

Posts: 5612

8739 helpful points

Location: Mudamiento

Joined: 2 Feb 2017

Posted: Thu Apr 25, 2019 5:30am

Just to clarify, if you're non-resident, or resident and only became so in the second half of 2018, you need to do a non-resident return for 2018. This can be done at any time before the end of 2019.

It's a complicated return to do yourself if it's the first one, so:

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/


Kate0906

Posted: Sun Apr 28, 2019 7:09am

Kate0906

Original Poster

Posts: 6

1 helpful points

Location: Villamartin

Joined: 18 Mar 2019

Posted: Sun Apr 28, 2019 7:09am

Thanks for the advice

Sign up for free or login to reply to this topic

Want to reply to this topic? Login or register for free to post your message:

Find more Banking and finances topics from a particular area:


Register for free!

Login to your account

Blacktower Financial Management
AA Free English TV
Gentlevan Removals
James Spanish School
interior building work
Gran Alacant Insurances
Costa Blanca Building Specialists
ASSSA Insurance
Expat Services
Car Key Solutions
Espana Dream Properties
Thy Will Be Done
Airport Service Taxi Mil Palmeras  Torre de la Horadada
Jennifer Cunningham Insurances SL
Advertise your business here
Advertise your property
Help with my computer