18 Nov 2014 9:32 PM:

~~Hi there, newbie to the board, so hi to everyone. Thought I would pose a bit of a general question about self assessment tax returns for those who are UK resident but who generate rental income from a Spanish property.

The HMRC advice on where to complete the relevant sections of the self assessment return are confusing to say the least. On the one hand, you're advised to use the Foreign supplementary pages of the self-assessment tax return rather than those dealing with income from property, but you're also told that income from furnished holiday lettings in the European Economic Area goes on the UK property pages. Which of the 2 do they expect you to complete if you're not domiciled in Spain but getting any income from renting?

The tricky issue for me appears to be the fact that you only appear to be able to enter any of the money you've already paid the Spanish government on the Foreign supplementary pages, but in order to do so you also have to input the income you've received, and this carries through to the final calculation of tax due. If you complete both the UK property pages and the Foreign supplementary pages it seems to me as though you're effectively entering the same amounts twice, and therefore, run the risk of overpaying tax. I just want a fairly simplistic way of recouping the £435 I've already paid the Spanish government (under the dual taxation arrangements) on the self assessment return, so wondered if anyone had found a way through this particular problem. Any advice very gratefully received.

Best wishes,

Mark

 

 

Thread: UK Self Assessment Tax Return

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