Taxes in Spain
We provide an expert and professional service for all your tax-related issues.
Both residents and non-residents must pay taxes annually in Spain if they own a property in this country. Unscrupulous estate agents may not always inform you of all your tax obligations if they think that their commission might be in jeopardy. At Soler Berná, we pride ourselves on our expertise and transparency and will never try to hide any information from you.
The tax system in Spain can be confusing and complicated at times, which is why it is always advisable to appoint a fiscal representative who will take care of your tax business, ensuring that all your tax obligations are met, your tax payments are up to date and that they are paid on time. Failure to do so can result in hefty fines.
Your lawyer will take care of the taxes that you must pay when purchasing or selling a property at the time of purchase or sale. But there are also taxes that both residents and non-residents must pay annually on their Spanish property.
Non-Resident Taxes
- Non-resident Income Tax is split into two: Rental tax if you rent out your property in Spain, or imputed income tax if you own a property but do not rent it out
- IBI Tax is a local property tax that goes towards local services and infrastructure, paid to your town hall between August and October
- Rubbish Collection Tax. A separate levy issued from your local town hall for the collection of refuse
Resident Taxes
- Resident Annual Income Tax. Each year, residents must declare all earnings made in Spain or abroad from work, renting property, pension, interest on savings or any capital gains from assets
- IBI Tax is a local property tax that goes towards local services and infrastructure, paid to your town hall between August and October
- Rubbish Collection Tax. A separate levy issued from your local town hall for the collection of refuse
As mentioned, the Spanish taxation system is a complex one, so whether you are resident or non-resident in Spain, it is advisable that you engage the services of a tax expert to help you with all your taxation matters.
The professionals at Soler Berná will be able to help you with the following tax issues as well as others:
- Obtain an NIE number
- Act as your fiscal representative before the Spanish Tax Agency
- Inform you of your fiscal status in Spain and of your tax liabilities
- Prepare your tax declarations
- Arrange payment of all taxes that need to be paid
- Calculate your tax payments for the year
- Manage and advise you on unpaid or undeclared taxes from previous years
- Present your income tax returns
- Take care of your IBI payments
- Help with claiming back the 3% capital gains retention (if necessary)
- Advise you on any other tax-related matters
If you have any questions on anything tax-related, come and see us or give us a call. We speak your language and we are happy to help.
