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Private pension

Posted: Sun May 6, 2018 10:00am
4 replies121 views3 members subscribed
Mick29

Posts: 8

Location: Orihuela Costa

Joined: 5 May 2018

Can I get my private pension paid to my Spanish bank without paying taxes?

TheRower

Posted: Sun May 6, 2018 5:38pm

TheRower

Very helpful member

Posts: 488

509 helpful points

Location: Villamartin

Joined: 1 Jan 2017

Posted: Sun May 6, 2018 5:38pm

I assume you are talking about a UK pension? If so, my Father has his pension paid through his UK bank account straight into his Spanish account. He then pays tax at the end of the Spanish financial year.

Mick29

Posted: Sun May 6, 2018 6:45pm

Mick29

Original Poster

Posts: 8

Location: Orihuela Costa

Joined: 5 May 2018

Posted: Sun May 6, 2018 6:45pm

Thanks for that information

My question is for my private pension allowance which would be tax free in the uk would it get taxed in Spain ?

jimtaylor

Posted: Mon May 7, 2018 4:41am

jimtaylor

Legendary helpful member

Posts: 5612

8738 helpful points

Location: Mudamiento

Joined: 2 Feb 2017

Posted: Mon May 7, 2018 4:41am

If you're resident here and your pension isn't one related to crown employment then it's taxable in Spain along with all your other income, irrespective of where it's paid.

Mick29

Posted: Mon May 7, 2018 8:54am

Mick29

Original Poster

Posts: 8

Location: Orihuela Costa

Joined: 5 May 2018

Posted: Mon May 7, 2018 8:54am

Thanks that’s really help

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