Tax advice please renting through summer.
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Hi, Folks,
I know this has most probably been discussed a million times but I am getting a headache now!!
I am a UK resident paying tax in the UK with 1 rental property in Calpe. I understand I need to pay tax on my rental income and can offset some costs, but what I need to know is Who do I pay the Tax to?? If it is the Uk as this is were my Taxes are paid or would this mean that I am required to complete a tax return in Spain also? As well as the UK.
Thanks
Tony
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Tony. HACIENDA (La Agencia Tributaria - AEAT) is thhe tax agency in Spain.
I would suggest at least the first time you pay, that you use a Gestor
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Many thanks for your reply, but I just need some advice on whether I have to fill in a Spanish quarterly Tax return as well as a British tax return if I declare the taxes to HMRC? Thanks Tony
my Gestor is saying it has to be through the Spanish system and HMRC are saying it has to be where you pay your main taxes? Totally confused
thanks
tony
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This site has some good information:
Advoco
I think the relevant bit would be:
The rental income of non Spanish residents should be declared in Spain even it is properly declared in the country where you are tax resident (e.g. the UK which does expect its residents to declare any income from holiday rentals).
There is a special form for non resident Spanish property owners called modelo 210 and the rent should be declared on one of these forms every time some is received. Alternatively you can group all the rentals from a quarter together e.g. 1st April - 30th June and declare on one form.
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