Tax information, hints and news. Exclusive for overseas property investors and owners.

Welcome to the official PTIreturns.com blog!

French Property Tax

How to calculate rental income tax in France

In this article, we will explain in depth how you can calculate your rental income in France and who can help you file your French tax return online.

If you are a non-resident in France who owns and rents out property there, you аrе subject to income tax both in France and your country of residence.

We assist non-resident landlords who own rental properties in France with the preparation and filing of their annual French property tax returns for non-residents.

Continue reading

French Property 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.

Continue reading

Property Tax Tips

How to be property tax-savvy

Owning a property is one of the largest investments you’ll ever make and it’s a huge financial responsibility.

As with any investment, you need to know how to get the most out of it. Knowing the tax credits and tax deductions available to property can help you ensure your investment pays you back.

In this guide, we will outline some useful tax tips for property owners who want to save money and reduce their taxes.

Continue reading

Irish Property Tax / Property Tax Tips

How your mortgage can affect your buy-to-let property tax bill?

If you’re considering buying a rental property in Ireland, it’s important to understand how the mortgage you choose will affect your buy-to-let property tax bill.

A buy-to-let mortgage is a type of mortgage taken by a person who purchases a property, not as a place to live, but rather as an investment.

Buy-to-let mortgages are different from ordinary residential mortgages because the amount you borrow does not depend on how much you earn.

The arrangement fees on buy-to-let mortgages may be more expensive and the interest rates tend to be higher as well.

In this guide, you will learn the basics of how buy-to-let mortgages work and how you can save money on property tax in Ireland.

Continue reading

Property Tax Tips

9 Top Tips on reducing property income tax for overseas landlords

As a non-resident landlord, it is likely you will be required to file an annual income tax return. Maybe you’re asking yourself questions like – how can I reduce my property taxes?

And while it is not always easy to understand foreign tax laws, by having a strong grasp of your tax requirements and entitlements, you can save yourself a lot of money come tax time. But is there any way to lower your property taxes?

Continue reading

Spanish Property Tax

Managing Spanish tax on rental income? Here’s everything you need to know about Spanish property tax for non-residents

Did you know that if you are a foreigner and you own property in Spain but don’t live there, you might be on the hook for something called “non-resident tax in Spain”?

Do you rent out your property? Then, you must pay rental income tax in Spain.

Surprisingly, many property owners are unaware of their tax obligations and go years without paying them.

However, things have changed recently, and understanding the nuances of international property tax is crucial for global real estate investors.

The tax authorities have become more active in pursuing unpaid non-resident taxes in Spain. They’re now sending out tax demands to those who haven’t paid their dues for the past four years.

If you receive one of these demands, you’ll have just 10 days to make the payment.

And be prepared for some additional fines too, like interest on the unpaid amount and potential penalties down the line.

It’s better to stay on top of your non-resident tax responsibilities to avoid any surprises!

In this guide, you will find everything a non-resident landlord needs to know about property tax, rental income tax in Spain, and the tax filing deadlines.

Continue reading