Rental Income is taxed in Spain in the same bracket as employment income but there are several deductions available making it quite affordable to pay taxes in Spain.

In general, you can deduct any direct costs related to the rental income and there are several general allowances to be made which are often connected to the property value or any purchases you might have made in relation to the property.

You can read more about taxes related to Rental Income on our page for that which is aimed at Non-Residents, but the rules are basically the same, you just have to declare it annually with your yearly income tax statement. We will of course provide you with all the help you need.

Please click here to read more about rental income or let us know if you have any questions.

Yes, but you need to make sense of a rather difficult spanish tax system. Rules also change, tax forms can differ from year to year.

There might also be problems with bank payments or the property values might have been revised between years. The advice you might have found on internet might not be correct and the advice your lawyer or gestor gave you a few years ago might be out of date.

We quite often see cases where somebody has filed for themselves for years and we notice they have not done it correctly.

The good thing about our service is that you won’t have to worry about that and you have access to support if you have any questions.

We like the analogy that sometimes it’s comfortable to go to a restaurant even if you know how to cook. You won’t need to worry about finding a new recipe or doing the dishes. 

But hey, if you love cooking, or doing taxes, you can always spend a few hours making a mess in the kitchen.

You can find the Agencia Tributaria website here and you will need a digital certificate in Spain

If you have come to this site, you probably do have to file taxes in Spain!

If you own a property in Spain, you must declare it in Spain whether you are tax-registered in your home country or Spain. If you spend less than half the year in Spain you might be considered Non-Resident, please click here to read more.

If you spend more than half the year in Spain you will be considered Resident and need to pay taxes in Spain for global income.

Double taxation agreements help you to figure out where to pay taxes and claim back any tax you might be obliged to pay in several countries.

If you have very low income and no capital income you might not have to file a tax return (below 14 000 € in most cases). 

The tax period for Residents is between April and June each year.

If you have you missed a deadline, please do contact us and we will advise you.

If you have assets outside of Spain worth more than 50 000 € you also have to file a Modelo 720 before end of March. Please click here to read more about the Modelo 720.

As a Resident

This depends on your country of origin and the double taxation agreement. If you are considered Resident you will need to pay taxes in Spain. If you also need to pay taxes in your country of origin, this will be governed in the double taxation treaty.

As a Non-Resident

Yes, you must declare in both countries, in Spain you declare your Spanish residence even if you are tax resident in other country normally. If you have rental income, you must declare these in both your home country and Spain and make deductions according to the respective countries’ tax system. You can then claim the Spanish tax back in some cases under double taxation agreements so that you do not have to double tax.

It is NOT recommended trying to avoid paying taxes for residents in Spain. There are heavy penalties and a good chance to be caught, this is especially true for those spending more than half the year in Spain and should declare as Residents. Breaking tax laws in Spain might incur penalties which could amount to more than 150 % of net assets withheld from the tax agency!

There are stories online and among friends about people who never bothered to declare and nothing has happened. However, this is erroneous and very risky since the Spanish tax authority has access to both Spanish property registers and European tax information through a joint tax register in the EU. It can thus be expensive and come at the same time as you simply become a tax saver and break the law.

Also, note that there are “discounts” on the fines if you choose to declare earlier years when you missed.

It is possible to declare taxes for residents in Spain jointly. This does affect your deductions and might be beneficial under some circumstances.

You can add both of your names in our form when you click the red button and we will calculate the most beneficial option for you.

If you leave Spain and during a calendar year do not spend more than 183 days in Spain you can file a form to deregister for taxes residents in Spain and stop paying taxes in Spain. If you have a considerable wealth you might have to pay “exit tax” but this is nothing a person with normal income and assets have to care about (think millions of euros).

You might have heard about double taxation treaties and how you are not supposed to pay tax twice on the same income?

Spain has signed double taxation agreements with several countries and this will help guide who needs to pay taxes and where as well as eliminate any double taxes paid.

You might think, “great, so I just need to pay taxes in Spain!” Well, unfortunately it is not that easy, rather you will often have to pay tax in both countries and the tax rate which is the highest will prevail.

Read more abour double taxation on this link.