Most people’s initial reaction to receiving any type of official notification is to panic. Others opt to bury their heads in the sand like an ostrich, hoping the situation will “resolve itself”. Both responses are a mistake! Of course it is rare the Tax Office will ever take the time to write to congratulate you on a job well done or to thank you for the taxes you’ve paid diligently every quarter over the past decade but before you go to panic stations, read through the document carefully because many times the Tax Office simply needs to confirm information filed on a declaration and the purpose of the notification does not necessarily result in any form of payment or penalty.
Every year, thousands of people flock to Spain for the weather, the sights, its fantastic culinary experience and culture. Many of these fall in love with the way of life here and decide to invest in a property of their own to enjoy as often as they able to get away, however, many fall foul of the Spanish tax system and without realizing it, do not fulfil some of their obligations as property owners.
UPDATE!: Since BREXIT has been postponed yet again, the Spanish DGT has extended its deadline to 31st January 2020…
With the 31st of October approaching fast, BREXIT is on most people’s minds. The latest change to affect UK residents in Spain is that the DGT (UK equivalent of DVLA) has posted information on their website advising of new regulations for holders of UK licences to continue driving on Spanish roads in the event of a no-deal Brexit. Up until now, the rules have been that the driver must have two years on their residencia card in order to exchange another EU member state’s driving licence for a Spanish document, and many in the final run to the Brexit deadline have been exchanging their licences to avoid posible problems.
As the world continues to watch on, Brexit enters yet another countdown to meet the 31st October 2019 deadline. The British Government updated its website, www.gov.uk with the following statement:
Many of you will remember the madness that ensued as small business owners and large corporations from all over the world scrambled at the end of 2017 to comply with the EU’s deadline to comply with new Data Protection Regulations in May 2018 (Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data). Just over a year on, the EU and individual member states have researched the outcome of implementation of new protocols with mixed reviews.
