11 Dec 2014 1:13 PM:

Guys and Gals,

Thanks ever so much for your help the worry of having to pay a large ammount of tax on my actual savings has now diminished that was my biggest worry. Once i have received the tax bill at the end I can see the tax people if neccessary and work out something with them.I shall still however live within my pension as opposed to my savings as from now. I do not know how to thank you all so much for your help. Christmas has now brightened up for me at last. THANKS THANKS THANKS Happy christmas and happy new year to you all. I shall allways keep on this site. It just seemed as though it was one bad thing after another with no escape but now with your help and advice I can see things better.

Thread: loans help please

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11 Dec 2014 2:01 AM:

Thanks for the replies. No this is not a wind up.Perhaps I have entered the wrong site for this as I seem to be reading Non Resident. Upon coming here in december 13. I was told by my friend I had to apply for an NIE which I did. Later in March I was then told I had to apply for residency as I would be working here which I also did, however the job did not last as long as I had hoped only a month.I came over with 70.000 savings and a small pension having been offered work in the first place however since being here I have spent most of my savings.I also had a friend who was left an appartment by his mother and used up quite a large sum in helping to renovate it also to help with trying to sell it. Unfortunately after 4 goes it has still not sold with the promise from my friend if it sells he would help me out. As the property has not been able to be sold I am now left with little savings and only my pension.I am sorry this has happened and really regret it but as said before we all make mistakes.Perhaps its a case of listening also to too many people.No I have not had a tax bill yet and only been looking on the internet at the percentages they go by for savings.Perhaps I should have gone home earlier but again I was told various things by different people and sometimes even the internet contradicts each others sites. Perhaps as a non resident you do not pay tax on your savings but now I am in the position of having stayed over the time limit and now a resident I am told you do pay tax on your savings (I wish the no tax on savings was true) I could then enjoy this christmas and new year a little without having to scrimp and scrape every penny I can. I have also been told that if my tax is not paid I would not be able to claim back my UK tax as the form would not be issued.Yes I have got myself into a right mess by forgetting all this and still thinking everything would be okay because I am still paying tax on my pensions in the UK but my worry is the tax on the savings. That is why I wrote about possible loans etc so I could contact them at the time I get my tax demand. I have now moved to smaller appartment to reduce my outgoings and selling my car to help.I have one item of hope from one of your replies concerning the tax office may be able to help with some sort of plan. I have been nearly driven to suicide over this worry of how am I going to pay a large bill when it comes. I have to vacate the place I am staying in due to the owners huge debts he has to sell the bunglow before my agreement is due to end and the water and electric is being cut off by the community as he has not paid the bills. So everything is happening at once. So no this is definately not a wind up. I wish it was and I was sitting here laughing but I am definately not. Anyway thanks for some of the advice hope you have a good christmas and new year.

Thread: loans help please

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09 Dec 2014 10:56 PM:

Hi,

I came over here to live with some savings and a pension, however a large part of my savings has now gone.I forgot about the Spanish Tax. My pension is taxed by the UK before it goes into my spanish account. I do not have a property over here and the jobs I was promised did not materialise. One was started and lasted a month before being terminated due to lack of customers. I have been over here more than the number of days stipulated. I was told by someone that the spanish tax only the savings you have at that point when you do the return, however I have learnt differently.I am now desperately seeking a loan to pay my tax when it comes to it, I have been told by my bank that they will not do it as it is not a spanish pension although its paid directly into the spanish bank. Can anyone please help me as to a loan company in spain or canaries that may be able to help. I was given the details of one however for the loan instead of 5 years they made it 8 years and tripled the ammount of loan given. Has anyone any help or advice. I have moved to a lot cheaper accomodation on the island and sold my car to help a little. I keep thinking of going back to the UK and ignoring filling in the tax form altogether but someone told me that it would be even more silly. So if anyone knows of a loan company that could help thats not a rip off company then I would appreciate. Yes we all make stupid mistakes none of us are infalable. But I need help and advice now on what to do Do the spanish taxation office help with some sort of credit arrangement. My two company pensions are guaranteed and in another 3 years I get my state pension from the UK . My Christmas and New Year will not be a happy one for celebration so please any help suggestions or advice would be appreciated.I do not want to leave the island I am 62 and have applied for other jobs doing anything but no offers.

Thread: loans help please

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03 Dec 2014 5:35 PM:

I moved over here in december 2013. I found a long term rental in maspalomas via an estate agent My Home in Maspalomas. I took out the rental agreement for 6 months then a further 6 months.IU have two months still left to run on the contract expires 11th January 2015. Just after I paid the rent in November I received a letter from the courts saying the community charge had not been paid by the Owner and therefore the electric and water would be cut off to my bungalow. I informed the estate agent by email. He has just replied that the owner now has no money and needs to sell the bungalow I am currently in and I need to find alternative accomodation ASAP as the estate agent needs to sell the property. Within 2 days I will be without water or electricity. I am annoyed at this as I have a contract with the owner until January 11th and its very hard trying to find somewhere else at this time of the season. When I moved in there was only a fridge beds washing machine sofabed. I had to buy television bedding.towels.blankets.cutlery crockery oven. It looks like I may have to leave most of those here now as I have very little time left before there is no water or electric. I have had very little help from the estate agent although I would presume they are more interested in getting the money for the sale of the property. So I am going to have a miserable christmas and miserable new year. I so much looked forward to moving over here and living here but now will probably go back home to the UK to the cold weather and leave all behind.Perhaps I will be lucky and win some money on the lottery and come back and buy a property somewhere over here.

Thread: Problem with long term rental of property

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