The Spanish tax deadline approaches for owners of second homes In Spain. Spanish Taxes Online
Do you own a second home in Spain?
The deadline for Modelo 210 tax submissions is looming on December 31 st – and a new service, Spanish Taxes Online, can save you hundreds in fees. As well as loads of time and all the hassle of having to interact with the Spanish tax authorities. CLICK HERE
If you are a non-resident and own a second home in Spain then you are still liable to pay tax on your property to the Spanish authorities annually, even if you do not rent your property out.
The deadline for Modelo 210 tax submissions is now just weeks away on December 31 st – and the team at Spanish Taxes Online can handle the whole process for you.
Their team of professional, fully qualified accountants calculate the amount of tax owed and fill out and file your tax return direct with the Spanish tax office on your behalf. Saving you hundreds in expensive accountant or lawyer fees or hours spent trying to file your own return.
The process is simple and takes just minutes to complete – simply fill out the form on the Spanish Taxes Online website and they take care of the rest, for a low fee of just €59.
The Modelo 210 non-letting tax is levied retrospectively – so owners will currently be paying tax for the year 2019.
Failure to pay the Modelo 210 non-letting tax can lead to complications with the authorities in Spain, especially when owners come to sell their properties. Whilst in some instances, fines have been issued and embargoes imposed, with the Spanish authorities extracting taxes owed directly from non-resident bank accounts.
Spanish Taxes Online can save you hundreds in fees.
The tax is essentially an annual levy on imputed income. Non-resident owned properties are automatically deemed to be a form of income by the Spanish tax authorities, regardless of whether they are rented out or not.