Friday 14 March 2014

Spanish resident income tax assessment 2012 with only 5 % surcharge.

Until 31st of March 2014 you can still pay  your  non resident 2012 income tax assessment for the use of the own property with only a 5% surcharge on the tax due. From 1st of April 2014 the surcharge goes up to 10 %. This tax should have been paid by any non resident owner of non rented property in Spain  before the 31st of December 2013.

Not facing the matter is  not  an advisable option as if  payments  are demanded afterwards by the tax office you will have to face an unexpected  and  more  expensive  debt  as surcharges can go up to 20 % and there could be additional fines and legal interest to be paid.

Our welcome package is still available.

For more information or an appointment please contact us on (0034) 952 822 321 or admin@nonresidenttaxesinspain.com. 


Wednesday 12 March 2014

ANNUAL ROAD TAX in Spain. Payment due shortly.

If you are the owner of a vehicle , i.e. car , motorbike, motorcycle, caravans, vans etc.   registered in Spain you must pay annually  your road tax known in Spain as Impuesto Sobre Vehículos de Tracción Mecánica or IVTM.

The tax to be paid depends on the vehicle, fuel type and municipality in which it is registered. This tax should be paid normally between the beginning of March and May of each year but  this varies from one region to another.

You can contact the town hall office for more information . We always advise that  when arranging the first payment you set up a direct debit for  the payment of the receipts for future years so you don’t have to worry about this item annually.  Normally no notifications are issued  and sent to the   tax payer unless applied for by the vehicle owner, thus if you do not pay this  you can find yourself at  some stage with an outstanding debt for road tax for various years  and  the debt resulting much higher than if paid  on time due to surcharges , legal costs and interest.

For more information or an appointment please contact us on (0034) 952 822 321 or admin@nonresidenttaxesinspain.com.