The Beckham Tax Law is a tax law which applies to foreigners coming to live in Spain for employment purposes. It limits the amount of personal tax expats have to pay to 24%. It only applies to Spanish personal income. People must be coming to live in Spain to start a new job, become tax […]
The Spanish rental law was altered again on 6th March 2019. This brings back many of the first changes from December 2018 that were over-ruled in January 2019. The main changes are as follows. Long term rental contracts are now for a period of 5 years if the owner is a person. If the owner […]
This article is a very brief summary of the taxes due when you own a property in Spain as a non-resident. In particular, non-resident property owner’s tax or, also known as non-resident imputed income tax. My advice is to use a tax expert, lawyer or qualified accountant to calculate your tax. They inform you of […]
ITP stands for Impuesto sobre Transmisiones Patrimoniales – which equates to Transfer Tax. There are various forms of ITP, but this article is concerned with paying the ITP when renting property in Spain. By law when you rent a property in Spain you have to pay the ITP tax. It’s a once only payment when you […]
