David Cook

David Cook

Company: Spain Accounting

Title: Owner

Latest question answered:

David Cook
David Cook

My wife and I will be moving to Spain this year on retirement visas. We are buying a villa and so are getting NIE cards.

My understanding is that if we spend less than 183 days in Spain this year we won't have to pay Spanish income taxes. Is this correct? I ask because we are selling some US properties and I would prefer not to pay Spanish capital gains on those sales.

Also, is my understanding correct the double taxation treaty means that if we pay taxes on US income Spain will deduct those taxes from our Spanish tax and tax us on the difference? As an example, if my US tax is 30% and my Spanish tax is 45% will I pay 30% to the US and 15% to Spain?

Thank you,

Eric

by Eric Marsh on 21 May 2017 Read Answer
David Cook
David Cook

Hi David
We're selling our family home in England and moving to Spain in September 2017, so not tax resident for 2017 based on <183 days residency. As this is our principal residence we will not pay capital gains tax in UK but can you advise whether any capital gains tax may be charged by the Spanish tax authorities in 2017 or future tax years on the sales proceeds?
Many thanks
Michael

by Michael on 18 May 2017 Read Answer
David Cook
David Cook

Dear David,
I bought an apartment in Nerja, Spain in November 2016. This is a holiday home and I am not going to be resident in Spain.
I am also not renting the property out at any time so will have no income from it. Nor will I be doing any paid work in Spain when I visit.
I believe that I am liable to pay the non-resident tax which is based on the cadestral value (?) of my property.
Is this so, and how do I go about paying this tax? At what point in the year do I need to submit any forms or application?

Many thanks for your help

Best wishes
John.

by John Gregg on 18 May 2017 Read Answer
David Cook
David Cook

Hi David,
I am an Israeli citizen with a Bulgarian passport, and about to relocate from the Netherlands to Spain to work in a subsidiary of my current employer.

I will start traveling back ant forth next week, on a weekly basis but the real "relocating" (my wife will join me in a rental apartment) will be taken place only mid July or beginning of August.
In the beginning of our stay until the end of 2017 I will continue getting a salary from the Netherlands.

* If I will not accede the 183 day count, can i still become a Spanish tax resident due to the vital interest definition in the treaty between the two stats even if my employer is Dutch?

*How can I be covered for social security in Spain so i can take care of my (pregnant) wife while we are there? or should we get a private insurance?

* Suppose I will be paid from a Spanish company, when should I apply for the 19% flat income rate ruling? I read that besides having a EU passport there is nothing I need to have in order to get it, is that so? Does it apply during the monthly income tax deduction, or is it valid only for the annual report?

Thanks!!

by Rom Shaked on 18 May 2017 Read Answer
David Cook
David Cook

Hi David,

I have lived in Spain since Aug. 2015, and am returning to the US this summer. I'm thinking of returning on July 2 or earlier in order to avoid being a tax resident in Spain for 2017. Is leaving by this date safe? Will I then be liable just for income tax as a non-resident for 2017?

Thank you.

Matt

by Matt on 15 May 2017 Read Answer
David Cook
David Cook

Hi David,

I am moving to Spain later this year and we will be renting out our UK home. I also have another home that I rent out in London which I already pay tax on in the UK. Are we obliged to pay tax on these in Spain, or can we continue to pay in UK? I have received mixed advice. Thanks

by John on 08 May 2017 Read Answer
David Cook
David Cook

My wife and I will be residents in Spain from 2018 onwards. My wife had a road traffic accident here in the UK and is due to receive some compensation as a result. The amount has not yet been agreed. If the compensation is made after 1st Jan 2018, will there be any tax to be paid in Spain on this compensation?
Thank you for your help.

by Mark Faloone on 27 Apr 2017 Read Answer
David Cook
David Cook

Hello David,
I am currently working in the UK for a UK company and on May I will be moving back to Spain. My employer has suggested the option of working remotely, keeping my UK contract. I read a few posts around and what I gather is that I will need to register as a "autonomo" in order to pay my contributions to the Spanish Seguridad Social. Then, at the end of the fiscal year, I will need to pay my UK income as part of the Renta. Do I need to register as Autonomo on May or do I need to wait until I've been living in Spain for 183 days? Also, I won't have any receipt (factura) so I guess I will need to fill an empty Modelo 303 and 131 every quarter?
Thanks

by Jonathan on 25 Apr 2017 Read Answer
David Cook
David Cook

I have been more heavily taxed here in Spain as a resident of 30 years since the changes in declaring government pensions no longer taxed in the UK but now taxed in Spain. The advice I received was that I needed to inform IRPF of this situation but does not mean I would be taxed on my pension. However, it seems that that is not the case. I realise I have to pay tax somewhere, but the increase is more than I expected. Any advice on this?

by Dorothy Jordan on 22 Apr 2017 Read Answer
David Cook
David Cook

Hi David,
I am thinking of relocating to Spain, in your tax guide it states that you only need to file a tax return if your income is more than €22000. I only have Pension income and it is less than that figure, does this mean I am not liable for any tax?
Thank you

by Stephen Bullock on 20 Apr 2017 Read Answer

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