As a non-resident German property owner, you are obliged to file a German tax return by the 31st of July of the year after you earned the income. Non-residents are subject to a personal levy on income derived from their German property.
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What’s the Spanish NIE number? And what is it needed for?
Are you a non-resident planning to live, work, or own property in Spain? Are you wondering if you need to pay rental income tax in Spain? Then you’ll need to get familiar with the Spanish NIE number – a crucial identification document that all foreign residents in Spain must have.
But what exactly is the Spanish NIE number, and why is it so important?
In this article, we’ll take a deep dive into the world of the NIE number and explore everything you need to know, from what it is and how to get it, to why it’s essential for opening a bank account, buying property, getting a job, and much more.
So, buckle up, and let’s get started on this essential guide on the Spanish NIE number.
A complete guide to managing your Spanish rental property
It’s thrilling to find an overseas investment opportunity. However, dealing with the day-to-day responsibilities of managing your Spanish property can be complex. When there is a language barrier and you are thousands of kilometers away, tasks like sorting bills and maintenance of your Spanish property might be challenging. Add to that complicated rental laws and rental income tax in Spain, and it’s easy to see why so many investors enlist the services of a dependable property management company in Spain. In this blog, we’ve broken down everything a landlord needs to know about property management in Spain, and who can help you deal with your Spanish tax return / Form 210 obligation. Continue reading →
What is the history behind PTI Returns? Q&A from our tax team.
When was “Property Tax International” created?
The idea was born in 2006.
We noticed that more and more people were purchasing property abroad and there was a gap in the market for a company that could organise and manage the tax requirements of international property owners.
We wanted to help people who have a property and rental income in France, Germany, Spain, Ireland, the UK, Poland, Hungary and the USA to meet their tax obligations.
Key dates and deadlines for the Spanish tax year
Do you want to know more about the Spanish tax deadlines? You are reading the right article.
Whether you’re a resident, a non-resident, or an investor, navigating the Spanish tax system requires careful planning and compliance.
The tax year follows the calendar year from 1 January to 31 December, unlike some other countries like the UK.
Remember, Spanish tax rules can be complex, and errors can lead to fines.
If you are a non-resident with property in Spain, our tax professionals can help you with your annual tax return responsibility in Spain.
This article highlights important Spanish tax deadlines and dates to help you stay compliant with the Spanish tax authorities and avoid any unpleasant late-filing penalties.
Spanish tax year deadlines
Below, you’ll find a convenient chart detailing the key Spanish tax deadlines you need to remember:
Rental Income Tax in Ireland: The Ultimate Guide for Landlords 2024
Rental income tax in Ireland
Got a property to rent out in Ireland but worried about the responsibilities of being a landlord?
Whether you’re an Irish landlord or a non-resident with property in Ireland, having a property to rent out can bring significant responsibilities.
Property taxes are a complicated business, especially if you are a new homeowner.
While thinking about getting your real estate ready to rent out, managing the rental process, and choosing the right tenant, it’s too easy to forget about tax on rental income in Ireland.
Understanding your Irish property tax liabilities, which expenses you can claim, and everything else that landlords have to think about can be intimidating.
That’s where this guide comes in. We will answer key questions about Irish rental income tax.
French tax update: Must-know changes to furnished lettings tax regimes in 2024
The French budget was approved on December 29. The income tax brackets, ceilings, and allowances, as mentioned in our bulletin, haven’t changed.
However, some new measures were introduced during the review process.
One major update, as anticipated, is a stricter tax regime for French furnished lettings, aimed at addressing the housing crisis in crowded areas. These changes are retroactive, meaning they’ll impact rental income earned in 2024.
UK landlords renting property in Europe
Are you a UK landlord planning to or are already renting abroad?
Renting property abroad can be a great opportunity for UK landlords seeking additional, steady income.
However, there is much to learn about the complex subject of renting property abroad.
In this article we’ll cover:
- The ins and outs of letting property abroad in Europe
- What do I need to know when I rent out property abroad?
- Tax implications after Brexit
- What taxes does a UK resident need to pay when renting out a property in France?
- Paying tax on rental property in Spain
- How do I avoid double taxation?
- Who can help me file my rental income tax return?
- Why is Property Tax International better than a local accountant?
Managing foreign property and claiming foreign property tax deductions
Understanding how to manage overseas property and claim foreign property tax deductions can make a big difference in minimizing your rental income tax and optimizing your returns from international property investments.
Navigating international real estate comes with its own set of complexities, particularly with varying tax laws.
However, as you begin earning from your overseas rental property, important questions arise: How does foreign real estate tax impact you, and are you eligible to claim a foreign property tax deduction?
Here, we’ll address your questions and guide you in optimizing your international property investments, ensuring you achieve both financial gains as well as peace of mind.
First-time landlord? Here’s everything you need to know before renting out a property for the first time in the UK
Are you feeling anxious about the prospect of renting out a property for the first time in the UK?
True, being a landlord in the UK can bring complications, as many logistical, legal, and financial matters need to be addressed before your property can be listed on the market.
If you’re a property owner with a spare room, a budding entrepreneur looking to invest (even if you are a foreign one), or you simply stumbled upon this article by chance, we’re thrilled to welcome you here!