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
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