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Tax returns

Posted: Sat Jul 31, 2021 9:10am
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Hi After buying in 2015/16 we paid ×2 royalty payments over the next 2 years in areas through our solicitors.After this we became residents in 2019.I was then very ill for 2 years and could not get to pay my remaining royalty tax after being told not to go through the solicitor as they were charging too much for this procedure.Yes I know it should have been done in Any case but my question is how can i rectify the remaining arreas in a way that is cost effective ie no fine if that is possible.?

Posted: Sat Jul 31, 2021 11:37am

Will60

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Posted: Sat Jul 31, 2021 11:37am

Royalty tax ?

Not sure what this is.

If you mean SUMA or NRT, use a tax gestor or Assessoria - explain your circumstances and pay, before they chase you.

If you became Residents in 2019, you are into Spanish income tax, so you need a gestor/assessoria anyway.

Posted: Sat Jul 31, 2021 1:34pm

Gaza

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Posted: Sat Jul 31, 2021 1:34pm

Will60 wrote on Sat Jul 31, 2021 11:37am:

Royalty tax ?

Not sure what this is.

 

Read more...

If you mean SUMA or NRT, use a tax gestor or Assessoria - explain your circumstances and pay, before they chase you.

If you became Residents in 2019, you are into Spanish income tax, so you need a gestor/assessoria anyway.

Ok thanks for the info

Posted: Sat Jul 31, 2021 1:44pm

PeterC

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Posted: Sat Jul 31, 2021 1:44pm

"If you became Residents in 2019, you are into Spanish income tax, so you need a gestor/assessoria anyway"

Not true: if your affairs are simple (pension income, no rental income, no sale of assets abroad etc) you can do it yourself !

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