A complex qusetion

When we bought our house in Spain, the idea was to sell the British house and pay off both, then take early retirement.

Well thanks to media hype, it seems that this won't happen for a long time so we were considering our options.

Current thinking is that we could move over to Spain if nothing happens in a few months and my husband would have to commute back to the UK in order for us to pay the bills.
The UK house could be rented out.

We have our own limited company in the UK and were wondering...

Would it be feasible to keep the company and it's assets in the UK and pay salaries or consultancy fees in Spain? 
Would we then pay Autonamo in Spain and Spanish taxes but leave the Corporation tax in the UK?
Would we have to return and live in our UK house for a set time to avoid capital gains tax on the property?

Would it be wise to find an expert in these matters in Spain?
Does anyone know of such in the Dolores area?

Totally confused here and I hope someone has some answers out there.
many thanks

Laury

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Hi Laury,
I used to have a booklet on certain items in your scenario,i cant lay my hands on it at the minute but i know several people that have done this so it must be feasible.
Try the department of work and pensions or seek some decent legal and tax advise,better safe than sorry.
I am sorry i cannot be any clearer, i am pretty much sure on the first two but not 100%.
sorry if this a bit vague.
Regards
Georgia

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Thanks Georgia.

I have my accountant here looking into it but they  know nothing about the Spanish system.
It does seem though  that we can rent out for 3 years without becoming liable for capital gains on our house. 

Laury

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I think you have to decide which country is your main Fiscal point and work it from there,ie based in the UK,pay taxes in the UK etc...etc.....
I know you can do it as i have read it before and i am sure it was a booklet from uk employemnt law,your lawyer or accopuntant should be able to dig it out.......
good luck
Georgia

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