TAXES IN SPAIN

ENGLISH SPEAKING TAX ACCOUNTANT SERVICE IN SPAIN

Our Firm is focused on offering the best and complete legal service to our clients, including the tax management related to ownership and its transferring, inheritance and also non-resident and resident income tax in Spain.

The rules about taxes in Spain can be difficult to understand and not follow them can entitle big consequences as fines and interest payments. We know the responsibility that involves so we work to help you and to make it easier for you.

TYPES OF TAXES

There several taxes that affect property ownership, some of them are paid once because of the ownership transaction (when the purchase when the inheritance or the gift…) and other are paid annually.

Some of the taxes about property are:

Taxes referred to property transaction:

  • Capital Gain Tax (Plusvalía)
  • Inheritance Succession and Inheritance Tax (Impuesto de sucesiones)
  • Spanish Non-residents Tax (Retención 3% a cuenta del impuesto de no residentes)
  • Transfer tax on resale homes – Impuesto de Transmisiones Patrimoniales (ITP) or Value-added tax – Impuesto del Valor Añadido (VAT)

Annual taxes:

  • Municipal Property Tax, that. is collected directly by local government – I.B.I. Impuesto de Bienes Inmuebles.
  • Income Tax for Expatriates living in Spain (the return of the tax has to be done by the responsible) – Impuesto de la Renta de las Personas Físicas (IRPF).
  • Income tax for non-residents who do not rent out their property and also come tax for non-residents who rent out their property (the return of the tax has to be done by the responsable, in case of owner that do not rent their Property the return tax is done annually but in case the owner rents the house the return will be done quarterly) – Impuesto de la Renta de No Residentes (IRNR)
  • Wealth tax for non-residents (Patrimonio) (the return of the tax has to be done by the responsible) – Impuesto sobre el Patrimonio

ENGLISH SPEAKING TAX ACCOUNTANT SERVICE IN SPAIN

We recomend you to contact with our team for more information and to ask about other taxes.

Our service

  • Taxes managment.
  • Tax calculation or IRNR (reting or not he Property) and /or IRPF for this year.
  • Tax calculation of other taxes and payment of tax on your name.
  • Legal help against Spanish Tax Authority.
  • Tax calculation for previous years and study of your situation.