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Completing & paying your annual tax return

Every non-resident owner of a Spanish property has to submit an annual tax return to account for their “share” of the property.  Although it’s called an “income tax” it’s not actually based on your level of income but on a “deemed” or “notional” level of income which is a percentage of the rateable value of your property multiplied by the non-resident tax rate of 24%.

As it’s a self assessment system the Spanish Tax Office won’t chase you for payment, and many owners are not aware they need to submit a tax return or assume there’s nothing to pay because they don’t rent out the property.  This can cause real problems when you come to sell the property – you can find yourself liable for the outstanding tax, plus penalties and interest payments.

How Numerological can help you:

We offer complete peace of mind that your Spanish tax affairs are in order:

  • Complete & submit your personal Spanish tax returns on time for all your properties
  • Arrange for the payment of taxes on your behalf
  • Submit any missing tax returns to help you get back up to date
  • Ensure you are fully compliant with Spanish tax legislation
  • When selling a property we’ll ensure you have documented proof that your tax returns are up to date
  • For UK companies who own a property we can also submit their annual returns

    • We can also deal with any enquiries from the Spanish Tax Office on your behalf, as  in our experience up to 10% of all tax returns can be queried.

    Click HERE to find out  how much tax you need to pay

    Our complete Tax Return Service from just £35

    Through our sister site – www.taxinspain.co.uk - we offer a choice of Tax Return Services that suit everyone’s needs and offer value for money