When can you get out of paying your IRPF Income Tax for selling your house?
Almost all transactions are taxed and it’s very difficult to escape tax control. However, there are occasions when you can be exempt from paying certain taxes.
No more 60% tax reduction for owners of holiday rental apartments
Until now, owners of holiday rental properties have been able to enjoy a 60% reduction in their income tax rate.
How to register your car in Spain
If you’re moving to Spain permanently and becoming a Spanish resident, you will need to register your vehicle in the country. From that moment on, you have six months in which to register your car with the authorities.
Tax Returns 2017: when a landlord can benefit from a tax reduction for rentals and how not to lose it
In a market in which there are more and more owners who rent out their properties, it is important to know in which cases the landlord can benefit from the 60% reduction for rent.
ITP: what it is and how to work it out
ITP (Impuesto sobre Transmisiones Patrimoniales y Actos Jurídicos Documentales), in English Property Transfer Tax and Documented Legal Acts, is an indirect tax which is applied to onerous transfers of property, in other words operations of exchange of wealth or assets between living persons (such as
Tell me what part of Spain you live in and I’ll tell you the latest property tax news
Many Spanish Autonomous Communities have already approved their budgets for this year, pre-empting the government, which hopes to be able to present its General Budget of State 2018 before Easter.
What are the costs involved in buying a property in Spain?
The cost of buying a house is more than just your monthly mortgage payments.