In the spirit of innovation and progress to deliver a first-rate service to TempleCAMBRIA’s clients, the firm’s partners, Juan Antonio Rodríguez García and Álvaro Morales Sousa, recently passed the aptitude tests for training as customs representatives granted by the State Agency of Tax Administration, belonging to the Ministry of Finance and Civil Service (Ministerio de…
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Last Wednesday 8 September, the Chamber for Contentious Administrative Proceedings of the Supreme Court finally announced its decision declaring the Plan General de Ordenación Urbana (PGOU) town plan for Chiclana null and void, a plan that was given final approval in 2016. The reasons for this annulment are mainly down to formalities. The main error…
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Individuals who receive gains on the sale of their primary residence can be exempt from paying income tax if the vendor is over 65 years old or the gains are reinvested in a new primary residence. The following requirements must be fulfilled: 1. Primary residence a) The house being sold must qualify as the taxpayer’s…
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There have been a number of tax implications following Britain’s exit from the European Union (Brexit).One of these is that UK residents who own a property in Spain will be taxed more heavily when they rent their property (24%) and they will be taxed on the gross amount, without being able to deduct a single…
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Spain and Gibraltar have reached a post-Brexit agreement, published on 13 March 2021. This lays down rules for determining tax residency. An individual will be considered a resident in Spain if: the individual spends more than 183 overnight stays in Spain over the course of a calendar year. Periods of sporadic absence (where the person…
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Working from home has become more popular recently, with opportunities to move to countries like Spain, which can offer a better climate and quality of life. This triggers tax consequences, for example, the individual must know in which country their earned income will be taxed. There are some basic rules in double taxation agreements: …
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The special ‘inbound expat’ tax scheme allows workers who become residents in Spain due to an employment contract or occupying a director position in a company to be taxed as non-residents -with the obvious tax benefits- during the year the individual becomes a Spanish tax resident and the five consecutive years thereafter. There are…
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Thank you for your enquiry of 29/06/2020. We understand your need for clarity regarding obtaining Residency in Spain. Up until now, UK nationals (UKNs) have been issued with the green ‘Certificado de registro de ciudadano de la Unión Europea’ (NIE). This will remain a valid document. From 6 July 2020, you will be…
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Tax residence in Spain is regulated under article 9 of the Personal Income Tax Law. Individuals are resident in Spain for tax purposes if they meet at least one of the following criteria: a) Spend more than 183 days in Spain during a calendar year. b) Have Spain as their main base or centre of…
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An individual can only be resident for tax purposes in one country, which will be where they will be taxed on their income earned held anywhere in the world. However, the tax authorities in two countries may consider that the individual is resident in both, which would result in double taxation prohibited under international tax…
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