Tax Procedures
THREE MONTHLY TAXES – IGIC FOR HOLIDAY RENTALS
THREE MONTHLY TAXES DECLARATION FOR HOLIDAY RENTALS
● IGIC (Canary Island VAT): 50 € every 1st owner and 15 € for every extra owner
● Model 210 (Property tax): 60 € every 1st owner and 15 € for every extra owner
● Model 400 (registration in tax office): 30 € + IGIC per person
YEARLY NON-RESIDENT TAX DECLARATIONS (IRPF)
All property owners, even if you are not a fiscal resident in Spain, are obliged to present a yearly non resident tax declaration. This can be seen as a kind of income / property tax known as “IRPF—Impuesto sobre la Renta de las Personas Físicas”, which is “Personal Income Tax”.
BE AWARE that this tax payment is a legal obligation and in case you want to claim back a part of the CGT you paid (when you sold your property) this only can be done when all the no resident tax is paid (model 210)
● Model 210 (Property tax): 60 € every 1st owner and 15 € for every extra owner (per property)
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