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Non resident tax

Posted: Sat Jun 20, 2020 9:54am
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Posts: 31

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Location: Villamartin

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Correct me if I'm wrong here as a non resident when we leave the EU. My IRNR yearly fees calculate as 

Property valuation 2%of €100000=2000

Taxed at 24% = £480

Am I correct that on top of my suma charge and community charge I have to find €480

Thanks

Posted: Sat Jun 20, 2020 10:22am

shayden

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Location: Villamartin

Joined: 15 Jun 2017

Posted: Sat Jun 20, 2020 10:22am

Jim’s guide on non-residents tax gives the info in full but the tax isn’t based on the full value of the property. It’s based on the catastral value. 

If €100,000 is your catastral value then you may be right. I reckon that’s a €100 increase on what you’d pay as an EU resident. 

I’m sure someone will correct me if I’m wrong. 

Shaun

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