18 Jan 2023 7:56 PM:

Thank you for your reply, 

I am asking a local accountant.  I have given up with the pompous "I am god" solicitor. He has been ok with paying our taxes but would NEVER recommend him for the purchase or sale of property.  It's not as though he doesn't have exposure to articles online which gives him a "trustworthy" rating.  Bad experience for us for going with a company who has a lot of media exposure . We live and learn . ! 

Thread: 3% retention tax rules

--------------------------------------

16 Jan 2023 1:58 PM:

We sold out appartment last year.  I have had my 3% retention tax repaid ( with interest) it took just about 1 year to get this back.  My lawyer send me the repayment notification.  My husband did not receive his.  We waited thinking that we may have to wait a bit longer for his to be returmed.  Meanwhile, the bank in Spain demanded we attend the bank to verify his identity.  We have been unable to go to Spain to do this previoulsy due to my husnad having a lung transplant and covid etc.  (We had a Santander account for 15 years, but the online banking never worked and so we opened a new account with Caixa bank).   We then found out that his new account was blocked.  We can only assume that the Tax office tried to pay in the refund but couldn't do so because of the blocked account.  We went to Spain to do the necessary. They assured us the account was unblocked and all was well.  Not so, we were then recalled back to Spain to sign again and open a nother account and close the first -  complete mess on the banks behalf.   I contacted the lawer again to ask where my hubands refund was and he said that it he was awared the same time as me - back in October.  He did not send us notification of this repayment.   He now says that there is nothing that can be done to get the money back.  Is this true ? 

 

 

This message was last edited by andyfamily on 1/16/2023.
Thread: 3% retention tax rules

--------------------------------------

17 Oct 2022 12:09 PM:

Thank you for the replies.  We are UK resident.  We made a loss.  He is paying out money in our account today.  As far my limited knowledge goes, we should not have to pay Plus valia due to the loss.  We will apply to get the 3% returned ourselves.  Should have been part of the conveyencing service that his firm offers, but he has forgotten about that and is not true to his website.  No surprise there - !

Thread: New Rules on Plus Valia

--------------------------------------

13 Oct 2022 2:26 PM:

I would be grateful for any help with rules on Plus Valia.  We sold our propery in the Costa Del Sol on the 10th October 2021.  This was the day the new Plus Valia tax was reinstated.  We made a loss.  My lawyer electronically filed the necessary forms.  He kept a retention of nearly 6k in his Escrow account until he was indemnified of all charges ( he had POA).  He has agreed to pay this back to us 1 year later, but has warned me that we may be liable i quote 

"Please be advised you will be held liable with all your assets, including UK ones, to pay what is due in taxes to your town hall."

The document was filed correctly - we made a loss.  I am in contact with the Town Hall - is there a document they issue to say we are free from all tax charges ?  Is the above statemnet true?  Why would we get taxed on our UK assests? 

Any help much appreciated. 

 

Thread: New Rules on Plus Valia

--------------------------------------

13 Nov 2021 7:51 PM:

Thank you. 

 

This message was last edited by andyfamily on 11/14/2021.

This message was last edited by andyfamily on 11/14/2021.
Thread: New Rules on Plus Valia

--------------------------------------