Tax with calculator and glasses

Are you Tax Resident In Spain?

Tax planning is a much ignored but vital area for expats living or moving to Spain, particularly for your investments, pensions and estate. Without a personalised, effective tax mitigation strategy it can be very easy to sleep walk into a unknown and significant tax liability.

If any of the following conditions apply the you are deemed to be resident in Spain for Tax purposes:

  • You spend more than 183 days in Spain in one calendar year. The days do not have to ...
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Spring Statement 2018: what you need to know

Yesterday the Chancellor of the Exchequer, the Rt Hon Philip Hammond MP, delivered his first Spring Statement to Parliament. The Chancellor used his speech to respond to the latest forecasts from the Office for Budget Responsibility and highlighted some areas of public consultation.

The Spring Statement does not include any new spending or policy announcements.This follows the switch to the new timetable of having a single major fiscal event each year, which began with the Autumn Budget last November.

You can find ...

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Spain’s Overseas Asset declaration – Modelo 720 2018

The 31st March 2018 is the deadline for residents of Spain to submit their annual Form 720 (‘Modelo 720’) listing their overseas assets is upon us, you must act now.

If you have previously submitted a form, you only need to declare assets if they have been sold or  or appreciated in value.

Who needs to declare?

If you were a Spanish resident in 2017 (see tax residency rules) then you need to consider the below stipulations as laid out by the Agencia ...

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