Non-resident income tax Costa Blanca, Spain

Taxes in Spain can become a complex issue if you do not have strong knowledge in this regard. Those non-residents who do not declare taxes or do not pay the correct amount can end up facing important fines. For this reason, it is necessary to count on the help of specialized professionals in non-resident income tax Spain.

Things to know about taxes in Spain

In Spain, both residents and non-residents are required to pay taxes. Each non-resident is required to file their annual tax return for non-residents before December 31st.

It is necessary to take into account that if you spend more than 183 days in Spain in a calendar year, you work on your own or otherwise in Spain or if your spouse or children live in Spain and are not legally separated (although less can happen 183 days a year in Spain) can be considered as a Spanish resident.

In this case, Spanish tax residents have the obligation to pay the income tax on their world income. This income is divided into two categories: Revenue from general activities: income from employment, pensions and rents. Savings income: life insurance policies, etc.

For non-residents, if you are the owner of a property in Spain, you must pay two taxes in a mandatory manner:

  • IBI or Municipal Tax: which must be paid by all homeowners in Spain. It is based on the value of the property.
  • Income tax (imputed or rent) Imputed tax is paid by non-residents, who own a property but do not rent it.

Keep in mind that it is the responsibility of each non-resident to ensure that he pays all of his taxes, keep in mind that they will not be reminded of their tax debt, that failure to pay taxes on time can generate interest and penalties for late payment. For all these aspects, it is always advisable to have a professional adviser to avoid incurring problems.

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