Tax news

Tax Raise in Spain for 2012 and 2013

Due to public spending, the Spanish Government has introduced a temporary tax raise from 24% to 24,75% for 2012 and 2013, on income from rental of your property in Spain.

This is a provisional measure that will affect tax payable on Rental Income. You can use the calculator on the bottom right of all pages on this website.

Spanish Rental Income Tax – Rule Change

On January 1st 2010, Spanish Rental Income Tax rules changed. Before that date, income tax was payable at 24% of the gross income but no deductions were permitted for expenses. These recent changes allow EU residents to deduct expenses against rental income provided such expenses are directly related to the rental income generated from your property in Spain

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If you would like us to submit property tax returns on your behalf please visit our Pay Taxes Online page.

If you have bought or sold the property in 2010 please contact us to pro rata the calculation

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