Holiday Rental Property Registrations
The holiday rental obligations explained in detail
Spain’s new Wealth Tax – El impuesto sobre Grandes Fortunas
This highly politically motivated duplicate tax has already resulted in legal actions against the Government and general chaos for those concerned about tax planning for the wealthy in Spain.
Wealth Tax – Update – Just when you thought Spain was moving in the right direction…
Wealth tax is a political football and central Government is determined to keep it in play, regardless of how little money it raises, such is the state of Spanish politics
Spain’s Gift tax battles
The differences between the way that gift tax works in the different regions of Spainis becoming ever more absurd each year
Spiders from Madrid
The Spanish tax office is making extensive use of Big Data to track down tax avoiders, ad is having considerable success.
Could Andalucia become a low tax region?
Can this really be true?Well, unbelievably, perhaps. One of the promises made by the right wing parties during the December 2018 elections in Andalucía was to reduce taxes. We all know that politicians like to promise to reduce taxes and increase public spending at the same time but one of the few things that the … Read more
The New Obligation of Gibraltar Financial Institutions to Provide Automatic Exchange of Tax Information to The Spanish Tax Office
As part of the recent agreements of exchange of tax information subscribed by Gibraltar for cooperation in tax matters, the Gibraltar financial institutions will be reporting to the Spanish tax office the relevant tax information of all their account holders, including income on earnings, tax withheld and tax residency status. The first reporting will take … Read more
New law in Andalucía to regulate holiday letting
A new law was passed on 3/2/2016 to force landlords in Andalucia to register properties used for holiday letting. The fines for ignoring this law are truly draconian with a minimum of 18,000€ and maximum of 150,000€. An estimated 400,000 properties in Andalucia will be affected. This law has been several years in coming and … Read more
The Spanish Budget for 2014. Will this help to stimulate the Spanish economy?
The Spanish Government has approved the Budget for 2014. No surprises, the tax system will remain as it has been for 2012 and 2013. Far sighted policies that will generate growth and employment seem as remote as ever. Many argue that “Spain is different”. They mostly refer to the country’s wealth in traditions and culture, … Read more
When will they learn?
The latest fashion for the wealthy in Spain is to find another country to pay income tax. I was enjoying a pleasant lunch overlooking the paseo marítimo in Marbella in the company of Max, a client of many years. We were reflecting on how wonderful life is in Spain and remembering the dismal weather and … Read more
