It's form 210 now, NOT 214 (as the wealth tax has finally been abolished 23rd December, 2008, for non residents)

The confusion with the June deadline, is that Residents of Spain have always used the 210 form to submit thier taxes.

Their deadline to submit was always end of June, Non Residents were always end of December

You can pay these taxes yourself annually, it's easy to do, I do it, so have many others.

I have a Guide on offer, with full instructions and free after sales support, plus updated version when changes occur.

A form 211 is now appearing on spanish tax website - english non residents -. What is this needed for ?

The 211 form is a retention for non resident when they sell a house. The same day that you sign at the Notary your sale, the buyer take the 3% on the sale price as a withholding. They have one month to pay that at the Inland Revenue and the seller has four months to pay the capital gain tax (18% on the profit).

If you have no profit you are allowed to claim this amount back from the Inland Revenue. You have four months since you sign the Sale Title Deed, and the Inland Revenue research if you have no debts on that property. Once, they check that everything is in order with the property bills and taxes, they proceed to return your money back.

Mar Durio

Costaluz Lawyers  

Can anyone throw any light on the Wealth Tax, that ended in December 2008.

Q: Why was it abolished?

I heard that it was illegal, and therefore stopped.

Also, a new 'Wealth Tax' has been introduced starting in 2009.

The previous wealth tax for non-residents was approximately (300-500 euros) a year (inc solicitor fees)

I was informed today that the new wealth tax has been issued to a friend - for 25euros!!  Now that's what I call a result!

*A lot of posting on tax issues should not be taken for granted - see a solicitor or tax officer - to sort out your tax returns.  It will save a lot of problems, and sleepless nights.

Actually, the wealth tax is not abolished neither residents nor non residents. The Spanish authority  has referred to the “cuota íntegra” (taxable amount, i.e. the title deed price of the property), in this sense, a 100% bonus will be applied to individual liabilities for personal duties or paying taxes. In the same way, they could change the law again.

Mar Durio

Tax Adviser

www.costaluzlawyers.es

Hi Mar Durio,

So what are you actually saying, That we are still paying the tax in another way.  Sorry a bit confused here.

Pat

I think what he mean is that Residents have always been liable for Wealth Tax, but there was a zero percent rating for them.

Now, Non Residents will still be liable, but will also have a zero rating.

Officialdom gone mad me thinks, why have the tax at all?

But..........of course they can change the rating at any time, so that's why they haven't abolished the tax entirely.

Regards,

Yes, it is all a little confusing, but at least the new wealth tax has been drastically reduced - and that gives a few euros extra to buy in another crate of wine!  Enjoy while the sun is shining, I say!

If I am informed correctly my fees for 2009 are approximately 25euros.  A big drop for the previous years, approx 400-500 euros.

Mar Durio: re: the “cuota íntegra” (taxable amount, i.e. the title deed price of the property), a 100% bonus will be applied to individual liabilities for personal duties or paying taxes.

Can you put me in the picture.  I paid 110,000 euros for my property in 2004.  What do you think the wealth tax will be for me in 2009? I would be grateful if you could kindly let me know.  Thank you. 

Thanks for that Fibby,

Yes I understand that, I agree I think all taxes should be abolished.

I wish.

Pat    

I am sorry for the mess. I mean, that the Spanish Authorities from 2008 no one (resident and non resident) has to pay wealth tax, only income tax. Spanish Residents have a system of taxes, and non residents have another duty.

It is the same in other countries, when you are non resident.

Mar Durio

Tax Adviser

www.costaluzlawyers.es  

Mar Durio.

Was the Wealth Tax that was abolished in December 2008 illegal?

If not, Why was it ended?

There is a reason, but surely, the Spanish Government didn't stop it to do the non-residents a favour?

Dear Acky,

It is was not illegal. It was a t ax for having a property in Spain.

It was ended, because the Spanish authorities are dropping the taxes to make the crisis easier.

Mar Durio

Tax Adviser

www.costaluzlawyers.es  

Mar Durio

Thank you for time, it is very much appreciated.

And, at last, after talk of the wealth tax being 'illegal' in some quarters, I am pleased that you have put matters right from your officialdom, and ended the 'idle gossip' that occurs from certain quarters in Spain when issues arise.

Gracias   

I am taking forms 210 for four joint owners to the tax office to get the stickers (las pegatinas)

Do I put my name as the" presentador"  in every case as they are not with me .

thank you

Peter Ray

That is right, you have to put your name as presentador and the name of the owner as contribuyente, or in straightforward terms stamp the stickers

Mar Durio

Tax adviser

www.costaluzlawyers.es

It appears to be form 210 for actual rental income.  What about the notional rental income that was entered onto form 214 for non residents who do not rent their propoerty out?  Note any declaration on form 210 for year 2008 has to be paid by 30 June 2009

It appears to be form 210 for actual rental income.  What about the notional rental income that was entered onto form 214 for non residents who do not rent their propoerty out?  Note any declaration on form 210 for year 2008 has to be paid by 30 June 2009

I have just come back from our solicitors in Aguilas and asked this question. They have said there has still been no notification about the abolition of the tax to them yet. I asked about the 210 and he told me it didn't apply to  non residents unless we had more than one property .

Mark

Hi Mark, in my  MORE'S BLOG  I write about a lawyer emailing a member in another forum, in which their lawyer says (& this goes back to early January)

I started this thread with that but it's obviously buried on another page.

I have been chatting with http://spain214.com/default.aspx & they say that they are awaiting further instructions from the tax office as they've been told that the 214 is being changed to the 210 but there will be a new 210 to take account of the change.

I have been chatting with http://spain214.com/default.aspx & they say that they are awaiting further instructions from the tax office as they've been told that the 214 is being changed to the 210 but there will be a new 210 to take account of the change.

Yes, I can confirm this.  I went into the tax office in Torremolinos to ask about the form 210 and was told that they had not received it yet.  That was the end of January and I was advised to go back in about three months. I can't imagine that they will expect our returns to be in by the end of June, not this year anyway!