|
|
Numerological has been established to provide
a Spanish tax service for those UK residents
who own a property, or properties, in Spain, and to help them
fulfill their various Spanish tax obligations.
It is specifically aimed at non-residents
and their respective tax liabilities, and does not cover the
tax obligations for Spanish residents, or UK people with Spanish
residency.
The Spanish tax system for non-residents can be very complex
and is very much based on self assessment, and therefore it
was felt that there was an opportunity to provide a UK
based service to advise, manage and administer the tax
requirements of UK property owners.
Tax systems in the UK are often difficult to understand and
adhere to, but when you are faced with taxes in a foreign country
the issues can sometimes appear daunting.
For example, in a Barclays’ report in 2005, which surveyed
people who were intending to buy an overseas property, the following
issues were highlighted: |
|
- 8% feared being overcharged for the property
- 14% feared the language problems
- 17% feared for the security of a property
- 58% feared the local legal and tax
issues!
|
|
