Modelo 210

I've just received the forms for the "declaracion de le renta" that's due.  I expected a reduction as I knew there was a favourable change somewhere, but the amount payable is fractionally more than forty per cent of the amount paid last year (less than half!).  Excellent news...or is it a mistake?!  

The company that do the forms for me are brilliant and they did tell me to expect a reduction, but I've not seen mention of this on EOS.  I believe the tax rates are different by the Region, I pay this one to Mazarron, Murcia.

Appreciate confirmation this is correct, so I can celebrate with a glass or two of wine tonight (rather than wonder if it's a clerical error that'll be jumped on when I try to pay).

I believe the rates are the same throughout Spain. 

This year the rate, I beieve is 19%, a slight reduction.  

If you take the cadastral value of the property, multiply that by 1.1% then by 19% that should give you the tax to be paid.

This may be useful:-  http://www.agenciatributaria.es/static_files/AEAT/Contenidos_Comunes/La_Agencia_Tributaria/Modelos_y_formularios/Declaraciones/Modelos_200_al_299/210/Instrucciones/OrdenIRNR2010instrucciones210_en_gb.pdf

This message was last edited by johnzx on 19/09/2016.

Many thanks for your reply John.  I'll read through the leaflet and do the calculation.  

It's a bit weird and makes me wonder if I've been paying too much for many years!  I don't suppose the Hacienda would tell you.

Acer,      Why not ask "The company that do the forms for me are brilliant"  to explain what they have done ?  

I do not think Hacienda directly would give you much help.  But you can check the % you should have been paying  and check what you were charged.

Incidentally,  I understand you should be supplied with a copy of the 210 which was completed ,just as one does (should) with the 720  (assets over 50,000 outside Spain)  and the income tax declaration (PADRE)

John, that's a fair question, but if you look at it from my viewpoint it's potentially good news and I may be better off submitting the form and paying the lower amount quoted.  I'm unsure, but I will investigate more thoroughly and do the calculation myself.

I'm non-resident (and intend to stay that way) and therefore don't need to make a burglars list of goodies to the Hacienda.

I have been doing the 210s for my son and his wife,  4 forms,  and a couple of friends for several years.    

Once you know how, and now the instructions on line are in English,  it’s but a couple of minutes work per form. Apart from the percentage, when that has changed,  the info is the same each year.

 Having printed off the form it can be paid at a bank.   I have always done it at my branch.

The figures you enter on the 210 are not necessarily the same each year. Check the catastral value on your IBI invoice for the relevant year. This is the value to use when calculation the second home charge.

John & Jeff, thank you both for your tips.  Another matter has taken priority recently but I'll be using your advice this week - appreciate your guidance.

Jeffsears:  This is the value to use when calculation the second home charge.

By using the term   ‘second home’ is likely to mislead.   

It is in fact ‘Imputed Income Tax’ and whilst it is applicable to ‘second homes’ for non-residents it is also applicable to all real property, for non-residents, it is also applicable to all properties additional to one’s main home in Spain for those who are tax residents.

That means a non-resident owner who for example has a holiday home, plus say a garage space which is not on the same Escritura, must make separate 210 returns for each property.     With each joint owner  making a separate return  

Example:   My son has two holiday homes, and a garage space in the adjoining apartment block.   His wife is joint owner of one property.  I make separate returns for him and his wife on each of the properties. That is:   two 210 returns for their joint property, i.e. one each, One for the property my son owns alone and another one for the garage he owns alone. 

Tax residents who own,  additional to their main Spanish home any other properties,  pay the tax on them as part of their annual tax return and that includes tax on all other properties no matter where in the world they may be. 

Example:  My wife and I are tax resident in Spain.  Apart from our home,  I own a lock-up garage in Spain, my wife has a property in the Philippines, we must include them when we make our annual tax declaration in May/June  and pay imputed tax on them. 

To claryfy. Tax residents in Spain who own a property say in UK (or anywhere else) must  clare that property and pay the imputed tax on that.  (Ibelieve if it is let that may not apply).

Just to say ‘second home’  can be very  misleading.

This message was last edited by johnzx on 26/09/2016.