it is essential that you understand Spain’s tax rules and how they could affect you.
Spain is one of the top destinations for British and other expats. One of the major problems moving from one country to another is tax. Spain is no exception which means that expats would have to take into consideration that the complicated Spanish tax system might weigh on their financial plans. Whether you are moving to Spain to work or retire, it is essential that you understand the country’s tax rules and how they could affect you.
The UK does have a Double-Taxation treaty in place with Spain. However, there are some things to consider for British expats and some myths that need to be debunked. Understanding your tax residency status is crucial. If you don’t, you could end up paying tax in the wrong country or paying too much.
It is important to consider your financial objectives for any tax plan. At Holborn, our fully qualified and experienced financial advisers will conduct a comprehensive review of your current financial situation and recommend a suitable financial plan which would ensure that you achieve your financial goals. Get in touch with our team now by filling the form below.