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Spanish Tax Return Query
Spanish Tax Return Query
by Espanglo » Wed Apr 24, 2019 9:15 pm
Hi, just wanted to know if UK expats resident in Spain that do the Declaracion de Renta have to declare what savings they have in the UK?
Thanks in advance for any advice!
Thanks in advance for any advice!
- Espanglo
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Re: Spanish Tax Return Query
by clivespana » Thu Apr 25, 2019 12:04 pm
If it is under the mattress no, if it’s in the bank yes.
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Re: Spanish Tax Return Query
by Chrisdee » Thu Apr 25, 2019 1:08 pm
You only have to declare savings for the 720 and that's if the total assetts are over 50,000 or has increased since the last 720. For your tax now you don't have to declare your UK savings
clivespana wrote:If it is under the mattress no, if it’s in the bank yes.
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Chrisdee - Posts: 12239
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Re: Spanish Tax Return Query
by Terry the gardener » Thu Apr 25, 2019 2:29 pm
Just the intressed one savings...that in my case is less than £10 a year ...lol
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Terry the gardener - Posts: 1107
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Re: Spanish Tax Return Query
by KarenCouzens » Fri Apr 26, 2019 9:05 am
If you signed an IR85 in UK to have interest paid gross then you have to declare the interest.
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Re: Spanish Tax Return Query
by Ginger » Mon Jun 10, 2019 1:49 pm
You have to declare bank interest on savings in the UK no matter how paltry,
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