Income from property in UK taxed in UK and Spain
Posted: Mon Nov 07, 2022 12:53 pm
Hi again,
I own property in the UK which I let out and get an income from. Because I have a government service pension from UK (which is taxed in UK, using up my personal allowance), I have to pay tax on this rental income in UK. I have also had to pay tax on this in Spain as well.
How do I get the Spanish taxman to give me credit for the tax paid in UK - do I get a certificate, or is there a recognised standard form HMRC can issue. And how is the mismatch in financial years handled? I don't pay my UK tax until sometime after I have to pay my Spanish Tax. To date my accountant here has not been keen to tackle this, but the sums involved are worth fighting for.
I'd value Marcliff's thoughts on this - and appreciate hearing from anyone who has actually gone through this process. And if anyone knows of an Accountant who has real experience in this area, perhaps they could PM me.
TIA,
Ed
I own property in the UK which I let out and get an income from. Because I have a government service pension from UK (which is taxed in UK, using up my personal allowance), I have to pay tax on this rental income in UK. I have also had to pay tax on this in Spain as well.
How do I get the Spanish taxman to give me credit for the tax paid in UK - do I get a certificate, or is there a recognised standard form HMRC can issue. And how is the mismatch in financial years handled? I don't pay my UK tax until sometime after I have to pay my Spanish Tax. To date my accountant here has not been keen to tackle this, but the sums involved are worth fighting for.
I'd value Marcliff's thoughts on this - and appreciate hearing from anyone who has actually gone through this process. And if anyone knows of an Accountant who has real experience in this area, perhaps they could PM me.
TIA,
Ed