Income tax

Anyone found that their income tax has been substantially bigger than last yea'rs, even though their income has only increased by the normal increases in pension? Has something changed in the Spaniish tax system to account for this?

No, there have been no changes to rates or allowances. In fact with the euro stronger against the pound, your income should be lower by about 5%, plus any increase in income  you received, say 2%, your net income would be lower by about 3%

Edit

Just run £15000 plus 2% rise through the padre 2012 and 2013, and tax for 2013 was €125 lower

But if my income was eg £ 20,000 in 2012, in euros it would be € 24000 at rate of £1=€1.20, and in 2013 it was £ 21,000 , €26,040.At rate of £1=€ 1.24,  obviously there is more money to be taxed! How do you work it out that the tax would go down?

Your UK income would have been at a rate of £1 = €1.23 on December 31st 2012 which would have been the rate your tax should have been worked out. On December 31st 2013 it was £1 = €1.19.

Your £20,000 in 2012 was €24,600. For 2013 your £21,000 would be €24,990 so hardly any difference.

Be nice to have such a "humungous" pension.

I think the model I used it was about €500 less. The average rate for 2013 was about 1.1777, and 2012 was 1.2340, so similar to Boboal.

Looking at your rates, you seem to have them the wrong way round.

The reason my accountant gave was that tax has gone up by 20-30% all over Spain

also  something about reduction on any tax paid in UK, ? Savings tax was reduced by 75% this year.

She insists the tax amount is correct, so I haven't much choice.

Bobaol- I quoted a figure of 20   K as an example, I don't get that!

yes it would be nice to have a humungous pension!

The reason my accountant gave was that tax has gone up by 20-30% all over Spain

also  something about reduction on any tax paid in UK, ? Savings tax was reduced by 75% this year.

She insists the tax amount is correct, so I haven't much choice.

Bobaol- I quoted a figure of 20   K as an example, I don't get that!

yes it would be nice to have a humungous pension!

Firstly tax has not gone up 20/30%. The rates and allowances have not changed. The figures I quoted were from earnings data I personally input into the same system she will be using. With regard to the reduction in tax paid in the UK, she may mean that they are now not offsetting tax already paid in the UK. THis is the correct procedure as I have previously posted. However, it does mean you can reclaim any tax paid in the UK not offset. Not quite sure what she means by savings tax.

if you want to pm me with your details I will check them and give you my view.