All a while ago I posted a thread about a new Spanish rent tax to come into force After summer break (Government)
Here some news:-
New report claims more than half of rental income not declared in Spain
It would mean more than a million undeclared rental incomes across the country
A study carried out by the GESTHA collective of technicians in Hacienda has established that more than half the incomes obtained from rental accommodation are not declared. The amount lost to the taxman has been put at 2.45 billion ? a year, with the fraud most commonly found in Catalu?a, Andaluc?a and Madrid.
The report does not include income from the rental of garages, shops or offices.
Gestha claim that the tax authorities are failing to take advantage of new anti-fraud legislation introduced three years ago, with Gestha General Secretary, Jos? Mar?a Mollinedo, describing the current system as ?very bad? and saying that new measures are urgently needed.
However the main bosses in Hacienda doubt the accuracy of the claim, saying the numbers, based on data from 2007, do not add up, and would mean that there are more than a million undeclared rental incomes across the country.
Nov 29, 2009 · luckydog
I have been told recently by a friend living in Costa del Sol that they are introducing a new and temporary tax to cover the low economy in Spain at the moment.Apparently,resident or non resident,you will have to pay a tax for renting out your property even if it is your first and only home.Sounds a bit like the taxi fines they are making sure everyone pays even the honest ones.
This is to be collected before the 31st December 2009.
Can this possibly be true???Or has this person got his wires crossed?Sounds like another case of legal robbery to me.
This is to be collected before the 31st December 2009.
Can this possibly be true???Or has this person got his wires crossed?Sounds like another case of legal robbery to me.