Wincham is a qualified Spanish Tax consultants in the Costa del Sol, Spain. They specialize in processing Spanish tax returns and due to their knowledge and expertise the can advise you on the best possible saving solutions, especially when it come to inheriatance tax Spain.
Non Resident Property Tax
Collection of taxes in Spain is through self assessment, non residents and non residents of Spain who own property are obliged to file tax returns.
Important information to remember.
Non residents of Spanish property are under the impression that not submitting the Annual Tax Return is ok
Did you know that when your Spanish property is sold the Tax Agency will look at their records and if no Annual Tax has been paid, fines will be implemented before the property can be transferred to the new owner. This could mean that potentially the new purchaser may be advised not to continue.
The only solution is to submit your Annual Tax Declaration.
Inheritance Tax Spain
Are you a Spanish property owner?
If and when the time comes your heirs WILL be hit with a 40% Inheritance Tax Bill - unless you act now to protect your legacy.
Here is how to do it legally.
Your hard earned inheritance may have to be sold by your heirs to pay huge tax bills imposed by the Spanish government when you pass away.
Can you be sure that the loved ones you leave behind will have the appropriate funds to pay the death duties of 40% to 50%.
In the UK a husband or wife is usually exempt from Inheritance Tax; this is not the case with the Spanish system.
What's the solution, you need to plan ahead and start considering your options now.
Protect your heirs from crippling debts, through simple tax shelters organized by Wi
ncham Tax Consultants. This will mean that you will pay absolutely no taxes or fees and will mean that the beneficiaries of your estate will not be forced to sell.
To find more about Spanish Tax,speak to Mary Morgan for a consultation. You can do so by calling here on the numbers below or by sending her an email. Mary is the main Wincham tax specialist established on the Costa Del Sol in Southern Spain.
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