All the tax non-residents in Spain who rent a property located in Spain must file this tax returns once a year for the profit obtained in the ended year. This tax return must be filed by the owner the next 15 days after the end of the year. This between January 1st and 15th.
The general rule is that tax non-residents in Spain must pay taxes for the income at a flat rate of 24%. However, the tax residents in countries of the European Union, Norway, Iceland and Liechtenstein can deduct the expenses related with the rental (as IBI and rubbish taxes, commisions, gardener expenses...) and apply a flat tax rate of 19%.
In case that the result of the tax return is negative (more expenses than income), it is not necessary to complete and file the quarterly tax return. However, it is necessary to file a yearly tax return in january next year to inform the Tax Authorities of the negative income.
Complete the data of our online guided form only with the necessary information, calculate the tax due and file your tax return. You will only need the income and the deductable expenses of each year.
It is cheap, easy and only takes minutes.
Contact us and we will ask you the necessary documentation to file your yearly income tax return. We'lll take care of preparing and filing your tax return, as well as calculating the tax due. You'll be the one who confirms that everything is correct and we can file on time.
It is secure, accurate and taylor-made.