Stalwart wealth management

We advise that you always from us before making a final decision. However, for guidance purposes the following gives an overview of the rules.

If you are a non resident you must file a if you own a property in Spain.

If you are a resident you must file a unless:

1. Your income is from once source only, it is earned income (which would include a pension) and it is less than €22,500 per annum and tax has been deducted at source in Spain.
2. Your income is from more than one source and is no more than €10,000 per annum in 2008 (€11,200 for 2009).
3. Your income from both investment and capital gains is less than €1,600 per annum.
4. Imputed rental income is less than €1,000 per annum.
5. Your total income is less than €1,000 from all sources.

If however you want to claim any tax breaks, you have to file a tax return for example if:

1. You are entitled to a Spanish tax break relating to housing e.g. you have a mortgage or you are claiming relief for a savings account to be used to buy a house.
2. You are entitled to .
3. You want to claim tax relief for pension contributions.