Page 52


Please mention The Sentinella when responding to adverts Axarquia Solicitors Law Office

ARE YOU CONSIDERED A RESIDENT OR A NON RESIDENT FOR TAX PURPOSES IN SPAIN? If you either spend more than 183 days in Spain during a year, or if you have your main business, or economic interests based in Spain, you would be regarded as a RESiDENT for tax purposes. If you reside outside of Spain, but own a property, and/or receive any income in Spain you would be regarded as a NON-RESiDENT for tax purposes. IN BOTh CASES you are legally obliged to submit an annual Tax Declaration in Spain. The Spanish Tax year runs from January 1st to December 31st. and as Tax Declarations are retrospective, Tax Declarations for this year 2015 must be submitted next year in 2016. As a RESiDENT your Tax Declaration for this year must be submitted between MAY 1st and the END of JUNE next year. As a NON- RESiDENT your Tax Declaration for this year must be submitted before the END of DECEMBER next year.

The Spanish Tax authorities do not usually send reminders to advise you of your tax responsibilities in Spain. It’s up to you to be aware of them and to submit a declaration on time each year. Unfortunately, ignorance of the existence of the Spanish Tax Law is no excuse for non-payment or late payment. Fines are automatically issued when the requirements are not met. Obviously, the amount of tax due to be paid by RESiDENTS and NON-RESiDENTS is assessed in completely different ways depending upon the circumstances of each individual. We will be happy to arrange a free appointment to study your particular situation, to explain your personal tax obligations and to advise you on the best options available for you. José Manuel garzón – Senior Partner Axarquia Solicitors For further information please do not hesitate to contact us by tel. 952 901 225/ e-mail at or ring Melanie Elst on 685 589 802 to make a FREE, no obligation appointment.

The Sentinella Magazine January 2016  

The Little Mag That Fits In Your Bag For Info On The Go!