Tax return

savage443 wrote:

nigieboy wrote:I rent out a property in the UK.My tax is being done for me by lawyers in Benijofar who have requested that my UK tenants provide their passport details...is this usual? What if they have no passport?
I can provide bank statements with their DD but this doesn't seen sufficient .
Any help from thoss that have completed a return recently greatly appreciated

Hi nigieboy,

Last year we made our first tax return here in Spain. We were asked only for the tenants names, however this year like you we have been asked for copies of their passports.

I queried this, and was told that if we don't supply passport copies we may lose the 60% reduction applied to the taxable rental profit.

I was then told that next year due to Brexit, unless there is a change, tax will be charged on the whole gross amount of the rent received with no expenses allowed.

This could prove very expensive.

Last year we had a new boiler installed costing £2900, and a new built in cooker at £490.

Has anyone else been told that expenses will not be deducted from the gross rent received next year?


Let's hope for a change, or that my info is wrong.

savage443 wrote:Hi Paul Uden

[i]It's certainly true that, for 2021, non-residents cannot deduct any expenses relating to their rental properties in Spain and the rate will increase from 19% to 24%. However, I have not yet heard the reverse for residents with UK rental properties.