09 Jan 2021 18:34:
I'v copied and pasted part of the story from the express. Note the "expert" states "could"
And this could be the case according to a leading tax advisory firm.
Partner at leading tax advisory firm Blick Rothenberg, Robert Pullen explained that from January 1, UK owners with property in Spain could suffer bigger tax rate on income.
He said: “From January 1, 2021, UK-based owners of Spanish real estate will suffer a 24 percent tax rate on income, after the previous 19 percent tax rate expired when the transition period ended on December 31.
“This is a swingeing increase of over a quarter.”
Thread:
'New' tax on income from property.
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