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We are moving before the end of the year to Pinar.
We will be living on our private pensions.
What taxes will we have to pay.
At present we will have some cash which is tax free, due to the first 25% being non taxable in the UK.
What do you have to pay in Spain.
I would be happy if someone in the same position can give us advise.
Posted: Thu Sep 3, 2020 4:18pm
Legendary helpful member
Unless either of your private pensions is in respect of government employment, you are liable to pay tax in Spain on your worldwide income.
Just look at my series of tax guides.
I don't know if you have taken 25% tax free from a penson or plan to but you should understand that tax free in UK does NOT automatically translate to tax free in Spain.
