Spain Explained - Taxes

Articles Taxes

All you need to know about resident taxes in Spain
Thursday, May 11, 2017
Retirement in Spain is still a very popular choice. When better to take advantage of Spain’s beautiful climate and perfect pace of life than when you have the time to really enjoy it? What you don’t...
Spanish rental income tax
Friday, January 13, 2017
An issue that we’re often asked about is if you rent your property in Spain as a non-resident where should you pay your rental income tax? Most will accept that some tax is due to be paid somewhere...
Valor catastral in Spain
Thursday, October 13, 2016
Like most countries, you must pay council tax in Spain. But what is it and how is it calculated?  In this article Linda Robertsson Posada, from the fiscal department, explains IBI and the role that...
Capital gains tax in Spain
Tuesday, January 19, 2016
As people are selling their properties both in Spain and the UK they are wanting to know what the tax implications might be. The rules around capital gains tax (CGT) can cause confusion. Capital...
Spanish Tax Form declaration 720
Tuesday, January 19, 2016
The 720 asset declaration form was first introduced for the income year 2012. It requires residents living in Spain to record their assets over a specific value that are held in other countries. It...
All you need to know about non-resident property taxes in Spain
Friday, October 16, 2015
As the deadline for the non-resident tax declarations (December 31st) approaches, many non-residents with property in Spain have been coming to us with their questions. Here, we summarise the answers...
Income Tax in Spain for Non-residents
Thursday, October 1, 2015
What must I pay? You must pay for each property: Local Taxes (Council Tax, IBI) Government Taxes (Income Tax) Local Taxes These taxes are paid directly to your Town Hall or via the SUMA offices....
Resident taxes in Spain
Thursday, May 21, 2015
If you live in Spain for more than 183 days then you are a resident. Those days do not have to be sequential, so it doesn’t count if you pop back to your home country for a few days and then return...
Spanish Taxes Calendar
Thursday, April 30, 2015
The tax year in Spain coincides with the calendar year, beginning on January 1st and ending on December 31st. The main dates you need to be aware of are: Who When What Residents June...

Blog Taxes

Capital gains tax in Spain
Monday, May 18, 2015
Capital gains tax is a tax applied in most countries. If you sell your property then a proportion of the profit you’ve made should be paid to the government as tax. In Spain, capital gains tax is...
720 asset declaration form
Thursday, January 8, 2015
It’s two years ago that foreigners living in Spain were first introduced to the 720 asset declaration form. In case you are blissfully unaware, the 720 is a form on which foreigners living in Spain...
New Spanish tax law
Thursday, December 18, 2014
The new tax legislation in Spain has been debated for a while. Originally proposed in June 2014 it has now been passed and will come into force from the income year 2015. The new law brings with it...
Money laundering in Spain
Saturday, November 29, 2014
You’ve probably heard of ‘money laundering’ but not thought you would personally be affected. However, concerns about money laundering activity in Spain means that people are suddenly finding it...
Changes to capital gains tax
Monday, September 29, 2014
It's perhaps a symptom of government austerity that taxation is a particular target for change. It is one of the best means of increasing revenue but must also be handled carefully if your electorate...
Proposals for capital gains tax in the UK
Monday, September 15, 2014
It might come as a surprise to know that in the UK, until now, capital gains tax (CGT) wasn’t payable by non-residents when selling property there. This is perhaps one reason why house prices in...
Will you benefit from the tax reform?
Wednesday, June 25, 2014
A draft Spanish tax reform law was approved on the 20th June. The new reforms were proposed by the finance minister Cristobal Montoro at a meeting of the Council of Ministers and are intended to be...
Drugs and prostitution and other tax reforms in Spain
Wednesday, June 18, 2014
The debate over whether prostitution and soft drug use in Spain should be legalised has continued for centuries. Who would have thought it would be the taxman who would start to get involved. It is...
What is the valor catastral in Spain
Wednesday, April 30, 2014
The valor catastral is the rateable value of a property in Spain and is used to caculate property taxes. In some cases if there is no valor catastral, the purchase price of the property is used for...
Spain Explained by Ábaco Advisers

Request a Call Back

Our specialists are always ready to give you a call.

Call me back

Share in

The Ultimate Guide to Non Resident Taxes in Spain

Get the definitive handbook for putting your Spanish taxes in order

The Ultimate Guide to Buying a Property in Spain

Free Calculation of Your Spanish Taxes

Know the market value of your Spanish property and the calculation of your non resident taxes

Subscribe to our newsletter
"The Word on Brexit"

Keep informed about news on Brexit.

The Word on Brexit Edition
 

Subscribe to our Newsletter

Whether you are, our newsletter "The Word On The Street" keep you informed about what's happening in Spain.

Fields marked with * are obligatory

We guarantee 100% privacy. Your information will not be shared.