Rental income taxes T1/2020
It is time for the rental income taxes for non residents home-owners.
If you have rented out your property in Spain in the months January, February and/or March this year, this needs to be declared in April 2020 before 20/04/2020 to the Spanish tax office. The income taxes for rental income for your Spanish property are declared in Spain, these paid taxes you can deduct form the taxes you would need to pay in your resident country in case you need to declare the rental income there also.
Both holiday rentals and long term rental need to be declared.
If you have any rental income to declare for T1/2020, please contact us so that we can send you the excel sheet to fill in the income, cost and tenant details.