22 Jan 2015 6:07 PM:

Hi

Hang in their it will be worth it in the end, my mothers took just under 2 years but she got it

 

Ian

 

Thread: Capital gains tax - refund ?

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24 Dec 2013 8:17 AM:

Many thanks once again for taking time to reply. My mothers finaces were checked at the time of the sale by a Spanish accountant (who' told her off' for not submitting any tax returns during her 6 years in Spain) This was done at the insistance of my mothers solicitor (good advice indeed) She did confirm that no tax was due to be paid, but my mother still had to have the 3% retention enforced due to her not following correct procedures, the accountant assured my mother that these monies (approx 4500 euros) would be returned in full in due course.

All other outstanding bills/taxes etc were fully paid at the time of the sale as my mother was returning to the UK.

 Regards Ian

Thread: Capital gains tax - refund ?

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24 Dec 2013 7:18 AM:

Baddly worded on my part, what I meant was there were no taxes to be paid in Spain due to her income. However, Yes she should have submitted returns.

 

Ian

Thread: Capital gains tax - refund ?

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23 Dec 2013 7:45 PM:

Johnzx

You are spot on, she did not submit any tax returns in Spain as she was informed by her UK accountant that non was due. This information was correct however she still should have submtted returns in Spain, as it would have saved all this hastle and delay.

At the time of completion she was told that she would get a full refund in time, this comes back to my original question - How long should it take, as I feel 16 months is a tad excessive when she was lead to belive that it could take up to 6

 

Regads Ian

Thread: Capital gains tax - refund ?

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23 Dec 2013 8:31 AM:

Many thanks for all the informative replies, 'lobin' seams to have hit the nail on the head with his description of why the funds were held back in the first place.

I will make arrangements to try to chase up the appropriate tax office in the new year

Incidentally My mother was over 65 and had been a resident for over 3 years.

Best regards Ian

Thread: Capital gains tax - refund ?

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