IRPF Income Tax

Spain’s government is preparing a new housing package that combines a sharp increase in VAT on tourist rentals with measures to extend and stabilise rental contracts, presented as part of its response to the country’s housing crisis.Spain’s new housing push: why it matters if you own or rentThe Span

The European Commission has expanded an investigation launched seven years ago into Spain’s treatment of non‑resident taxpayers, who are excluded from income tax reductions on rental income. While resident taxpayers can benefit from a reduction of up to 60% on taxable rental income, non‑residents are not eligible for this deduction, according to the Commission.

Signing a sales contract does not always trigger an immediate tax obligation. In transactions with deferred delivery, where possession is transferred at a later date, the Spanish Directorate General of Taxes has clarified that capital gains are only taxable once the property is effectively handed over – not when the deed is signed. For tax purposes, ownership transfer depends on possession, not the notarial act alone.

The Valencian Council has approved a decree law establishing extraordinary tax measures to provide immediate support to families and companies affected by the recent floods for those taxes over which the Valencian Community has regulatory powers.

Filing your annual tax return in Spain can seem daunting, but don't worry! This guide will walk you through everything you need to know about the 2023/2024 tax season, including deadlines, what to include, and how to file.

The Spanish Government has released the calendar of dates that apply to the 2022/2023 income tax return campaign, commonly known as the "Declaración de la renta". Residents in Spain are obliged to declare their income, and income tax is known as "Renta de las Personas Fisicas" (IRPF).

When selling property in Spain, there are several taxes that have to be considered.

The Spanish Government has confirmed the forthcoming tax changes, which are based on a general reduction in personal income tax for low incomes and more taxes on large estates.

Summer is the time of year when we tend to spend the most time in our second homes, whether on the beach or in the mountains.

The Court of Justice of the European Union (CJEU) has finally ruled on the famous modelo 720, a financial declaration to be made by taxpayers who have assets abroad, such as accounts, real estate, or securities.

As we had published in idealista previously (Andalusia lowers taxes, including Property Transfer Tax and Stamp Duty -13th May 2021), Andalusia slashed its taxes on buying property (both on resale and off-plan property) in a bid to combat the adverse effects of Covid-19 in the economy.

All non-residents who own property in Spain are obliged to pay Non-Residents' Income Tax (IRNR) once a year.

The time has once again arrived for taxpayers in Spain to consult their tax data online or on the Agencia Tributaria app run by the Spanish tax office.

The Spanish government has launched a series of measuress to "save" rental tenants who, due to the loss of income as a result of the COVID-19 outbreak, cannot afford to pay rent. Some rental companies have already begun to apply rent arrears and even waivers for their tenants.

Brexit is already a reality.

All transactions are taxed and even more so if they involve real estate. This year there have been several new developments related to taxes in Spain, specifically those regarding municipal capital gains, property and personal income.

The Generalitat of Catalonia finalises the approval of a tax reform that will lead to increases in personal income tax or inheritance tax, plus the creation of new green taxes.

Many people have doubts about the taxes they will have to pay when buying or selling a home in Spain. This article seeks to explain the resident and non-resident tax on the purchase and sale of property in a simple way, with the help of economist and tax advisor José Miguel Golpe Saavedra.

Good news for anyone with a rent-to-own property in Spain – the Spanish Supreme Court has declared in a recent ruling that money paid for a rent-to-buy home scheme is tax deductible in the IRPF tax declaration for investment in property. This means that the High Court takes this type of lease to be

As the deadline for the 2018 tax returns draws nearer, we remind you of the importance of doing your income tax returns in Spain and how to declare the IRPF if you rent your house to tourists and long-term tenants. The Spanish Tax Agency, the Hacienda, demanded that thousands of taxpayers pay

Taxpayers in Spain can already consult their tax data online or on the Agencia Tributaria app for the Spanish tax office, and as of 2nd April 2019 have been able to file their 2018 IRPF tax returns. You can only file your tax returns in Spain online for the next month and a half, according to the o

The European Commission has opened an infringement procedure against Spain on the grounds that it discriminates against expats who rent their homes.

All those years of hard work are over, and you can finally fulfil your life-long dream: tell everybody “hasta la vista” and retire to Spain. And why wouldn’t you?

Many homeowners choose to rent out their homes in search of profitable long-term returns. In view of the rising price of property for sale, however, many people choose to sell, even if the house is still being rented.

It’s all very well knowing where you want to buy property in Spain and how much the average house prices are there, but what about the price of upkeep and maintenance?