It’s that time of year again when Spanish residents have to submit their tax returns. These are submitted in the middle of one year for the previous calendar year, and the window to submit tax returns for 2016 is 4 April to 27 June 2017. Diana McGowan, an asesora who has been practising in Tenerife for over two decades, says that foreign residents who do not think they are liable to pay tax should still consider doing nil or negative returns – this will allow them to keep up their fiscal residence status, and of course this is something that could be very significant for British residents here after Brexit.
Diana also says “if you have income from more than one provider ie state Pension and private pension your are required to make a return”. She has also explained how the “PADRE” program which was downloaded and produced a paper file has been replaced with “Renta WEB” so all submissions are now made on line. There is more info HERE but my own advice is that anyone who is at all uncertain about their fiscal matters should contact a qualified professional, which is what Diana is – her website is HERE.