WEALTH TAX

Expatica - Health
Post reply   Start new thread
New - Old :: Old - New

Pages: 1 |

Hacienda San Cayetano forum threads
The Comments
06 Mar 2009 12:00 AM by strewth Star rating in Spain. 195 forum posts Send private message

strewth´s avatar

I have just been informed by my solicitor that I am liable for 223 euro 'income' tax for the year ending December '08. On top of this is their fee of 104 euros. Apparently although no income is achieved by me in any shape or form the tax authorities determine that a benefit is derived purely from owning a Spanish property and that MUST be taxed. It is beginning to feel just like living in the UK but with the sunshine.

For anybody that is interested and does not know already there is somebody that can instruct us how to pay our taxes without the use of representation. She has been doing it for five years. There is obviously a fee to pay for this information which is £20.00 of which a percentage is given to charity. Her email address is  suechester@blueyonder.co.uk

Colin



_______________________

Too fat to boogie!!  



Like 0

Spam post or Abuse? Please let us know

06 Mar 2009 3:30 PM by tomveron Star rating in Dublin. 92 forum posts Send private message

Hi Colin,

 I have just paid my tax also which was 150 euros, but my solicitors fees were 208 euros because myself and my wife are down as joint owners of the property. 75 euros tax and 104 euros fees each. I will be definetely e-mailing this person . 

                                                                  Tom.




Like 0

Spam post or Abuse? Please let us know

06 Mar 2009 4:16 PM by pumpkin Star rating in Essex & San Cayetano. 110 forum posts Send private message

pumpkin´s avatar

Am I right in thinking that Wealth Tax is now abolished?  We completed on our property in January so I'm working on the assumption that we will not have to pay - please correct me if I'm wrong as I'd rather know now than find out later!



_______________________
Pumpkin


Like 0

Spam post or Abuse? Please let us know

06 Mar 2009 4:16 PM by pumpkin Star rating in Essex & San Cayetano. 110 forum posts Send private message

pumpkin´s avatar

Am I right in thinking that Wealth Tax is now abolished?  We completed on our property in January so I'm working on the assumption that we will not have to pay - please correct me if I'm wrong as I'd rather know now than find out later!



_______________________
Pumpkin


Like 0

Spam post or Abuse? Please let us know

07 Mar 2009 12:37 PM by strewth Star rating in Spain. 195 forum posts Send private message

strewth´s avatar

Pumpkin,

Wealth tax has been abolished. 'Income' tax is still in force and this is based on the  value of your property and the fact that you gain pleasure from owning a Spanish property. This tax (per annum) is approximately 50% of the old tax because the wealth tax has been removed so you will have to pay some tax and it will depend on the property you own and, of course, you will need this form (210) completed and presented on your behalf by your fiscal representative or go to the email address included in my first posting of this thread.

Colin.



_______________________

Too fat to boogie!!  



Like 0

Spam post or Abuse? Please let us know

07 Mar 2009 12:41 PM by strewth Star rating in Spain. 195 forum posts Send private message

strewth´s avatar

P.S. Pumpkin

If you completed January this year your tax liability will be calculated after December this year. From that point you will have until June 2010 to submit your form and pay your dues.

Colin



_______________________

Too fat to boogie!!  



Like 0

Spam post or Abuse? Please let us know

08 Mar 2009 3:04 PM by pumpkin Star rating in Essex & San Cayetano. 110 forum posts Send private message

pumpkin´s avatar

Strewth, thank you for your reply - as usual, very helpful!  



_______________________
Pumpkin


Like 0

Spam post or Abuse? Please let us know

Pages: 1 |
Post reply   Start new thread


Previous Threads

Are you sick of waiting for your property to be completed? - 0 posts
Car Hire - 11 posts
Estate agent needed urgently !!! - 0 posts
Speed Camera - 5 posts
Satelite dish - 1 posts
Phase 2 Photos - 6 posts
Its Started !!! - 1 posts
eletric bills - 1 posts
Neighbourhood watch - 21 posts
Golf Clubs Required - 10 posts
mortgage4spain - 0 posts
pool date - 2 posts
Gardeners - 2 posts
Special price quad - 1 posts
TV Channels - 0 posts
NEW YEAR RESOLUTION - LETS BE HAPPY - 17 posts
NEW YEAR RESOLUTION - LETS BE HAPPY - 0 posts
Need to escape the snow !!! - 0 posts
Burglary - 2 posts
Utilities, - 0 posts
new to this forum - 3 posts
Really need a buyer!!!!! - 0 posts
LFO Manzana 6 - 27 posts
Exchange Rate - 3 posts
Taxi - 2 posts

7 posts were found:


1 |
Our Weekly Email Digest
Name:
Email:


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x