Income Tax Declaration in Spain

This service is ideal for expats resident in Spain, who need to navigate the complexities of the Spanish tax system, particularly income tax in Spain (IRPF or Declaración de la Renta). 

It is especially beneficial for those with income from other countries, as international income can complicate tax situations. 

Unlike other countries, Spain requires most residents and all property owners to complete an individual tax return.

Individuals who have diverse income sources, such as work income, pensions, rental income, and capital gains, and those who wish to benefit from international double tax deductions will find this service invaluable.

Only those with a single source of income that is below €22,000 are exempt from making a personal tax return.

You may require this service if you are a permanent resident in Spain, meeting one of the following conditions:  

• Residing in Spain for longer than 183 days a year or having their main economic interests/activities located in Spain.
• Clients should also have an income exceeding certain thresholds, such as €22,000 per year for income from work or pensions, rental income exceeding €1,000 per year, or dividend income, interest, and capital gains subject to withholding tax in Spain, with a limit of €1,600. 
• Clients seeking to benefit from international double tax deductions are obliged to declare in any case.

• The procedure involves a meticulous analysis of the client’s income and tax implications, ensuring compliance with Spanish tax laws and leveraging international double taxation agreements to avoid double taxation. 
• It includes the preparation and submission of the tax return within the stipulated deadlines, usually from April 1st to June 30th each year. 
• The service also encompasses strategic tax planning and advisory to optimize tax liability and ensure accurate declaration of all types of income, including those obtained from abroad.

• Many expats in Spain struggle with the complexities of the Spanish tax system, particularly when they have income from other countries, leading to potential overpayment and legal issues. 
• Our clients will benefit from the extensive knowledge and experience of English-speaking tax advisors, who can navigate the intricate Spanish tax laws and international tax agreements, ensuring clients pay the correct amount of tax and avoid penalties. 
• This service alleviates the stress and uncertainty that come with dealing with foreign tax systems, providing peace of mind to clients. 
• The advisors offer precise and clear advice, allowing clients to make informed decisions and plan their finances effectively, ultimately saving time and potentially reducing tax liability.

• Initial Consultation: Understanding your financial situation, income sources, and tax implications.
• Tax Analysis and Planning: Developing a strategic plan to optimize tax liability based on Spanish laws and international agreements.
• Preparation and Submission: Accurately preparing and submitting the tax return within the legal timeframe to avoid penalties.
• Advisory Services: Providing ongoing advice on tax matters, including changes in laws and potential impacts on the client’s financial situation.
• Resolution of Queries: Addressing any concerns or queries the client may have regarding their tax situation, ensuring clarity and understanding. 
• Reminder each year in advance of the statutory declaration date