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capital gain tax - Page 2

John99andrew

Posted: Thu Jan 28, 2021 10:20am

John99andrew

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Location: Mojacar

Joined: 29 Nov 2017

Posted: Thu Jan 28, 2021 10:20am

Igup wrote on Thu Jan 28, 2021 9:08am:

can any9ne recommend an accountant?

Carmen guerra legal & Financial Local 11A 1st floor  Centro Comercial Montemar 04638 Mojacar playa Almeria tel 950472504    Mob 670215926

E-mail [email protected]   Web www.cglegalfinancial.com

She is very good 

Igup

Posted: Thu Jan 28, 2021 11:12am

Posts: 15

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Location: Huércal-Overa

Joined: 5 Jul 2020

Posted: Thu Jan 28, 2021 11:12am

John99andrew wrote on Thu Jan 28, 2021 10:20am:

Carmen guerra legal & Financial Local 11A 1st floor  Centro Comercial Montemar 04638 Mojacar playa Almeria tel 950472504    Mob 670215926

E-mail [email protected]   Web www.cglegalfinancial.com

She is very good 

Thank you. 

Andy999

Posted: Sat Apr 24, 2021 8:14pm

Posts: 150

43 helpful points

Joined: 30 Sep 2018

Posted: Sat Apr 24, 2021 8:14pm

Sorry . Is it me being stupid . So what is being said is , if you sell your uk house in October for example , whilst living on the uk . Then move straight to Spain . You have to pay capital gains tax to spain . You wouldn’t be fiscal tax payer in spain , surely not straight away ? 

John99andrew

Posted: Sat Apr 24, 2021 8:34pm

John99andrew

Helpful member

Posts: 784

451 helpful points

Location: Mojacar

Joined: 29 Nov 2017

Posted: Sat Apr 24, 2021 8:34pm

Andy999 wrote on Sat Apr 24, 2021 8:14pm:

Sorry . Is it me being stupid . So what is being said is , if you sell your uk house in October for example , whilst living on the uk . Then move straight to Spain . You have to pay capital gains tax to spain . You wouldn’t be fiscal tax payer in spain , surely not straight away ? 

If you sell a house in the uk and make yourself resident in the same tax year you will be liable for capital gain tax on the sale of your uk house in Spain, the tax year in Spain is January to December 

Andy999

Posted: Sat Apr 24, 2021 10:19pm

Posts: 150

43 helpful points

Joined: 30 Sep 2018

Posted: Sat Apr 24, 2021 10:19pm

Andy999 wrote on Sat Apr 24, 2021 8:14pm:

Sorry . Is it me being stupid . So what is being said is , if you sell your uk house in October for example , whilst living on the uk . Then move straight to Spain . You have to pay capital gains tax to spain . You wouldn’t be fiscal tax payer in spain , surely not straight away ? 

Can’t really get my head round that when I would have paid tax in the uk for 10 months and wouldn’t be a fiscal resident in spain . I haven’t live d in spain for over 180 days in 2021 ? 

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John99andrew

Posted: Sat Apr 24, 2021 10:42pm

John99andrew

Helpful member

Posts: 784

451 helpful points

Location: Mojacar

Joined: 29 Nov 2017

Posted: Sat Apr 24, 2021 10:42pm

Andy999 wrote on Sat Apr 24, 2021 10:19pm:

Can’t really get my head round that when I would have paid tax in the uk for 10 months and wouldn’t be a fiscal resident in spain . I haven’t live d in spain for over 180 days in 2021 ? 

If you sell your house in the uk the same year as you gett your residentia in Spain you will have to pay capital gain tax in Spain on your house sale in the uk, if you sell your uk house in 2021 and make yourself resident in 2022 you won't have to pay capital gain tax in Spain for the sale of your uk house 

Andy999

Posted: Sat Apr 24, 2021 10:48pm

Posts: 150

43 helpful points

Joined: 30 Sep 2018

Posted: Sat Apr 24, 2021 10:48pm

I’m sorry but I believe you may be wrong . I will not be resident in spain for 180 days in 2021 ? Therefore, not liable as a fiscal tax reside t until 2021, after the 180 days from October 2020. Does. Can anyone confirm this please 

John99andrew

Posted: Sat Apr 24, 2021 10:51pm

John99andrew

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Posts: 784

451 helpful points

Location: Mojacar

Joined: 29 Nov 2017

Posted: Sat Apr 24, 2021 10:51pm

John99andrew wrote on Sat Apr 24, 2021 10:42pm:

If you sell your house in the uk the same year as you gett your residentia in Spain you will have to pay capital gain tax in Spain on your house sale in the uk, if you sell your uk house in 2021 and make yourself resident in 2022 you won't have to pay capital gain tax in Spain for the sale of you...

...r uk house 

Just a thought did you say you where going for residentia or not if you are going to be a none resident I'm not sure if you would have to pay the tax I am just presuming if you are selling you house you will be going to live in Spain full time

John99andrew

Posted: Sat Apr 24, 2021 10:57pm

John99andrew

Helpful member

Posts: 784

451 helpful points

Location: Mojacar

Joined: 29 Nov 2017

Posted: Sat Apr 24, 2021 10:57pm

John99andrew wrote on Sat Apr 24, 2021 10:51pm:

Just a thought did you say you where going for residentia or not if you are going to be a none resident I'm not sure if you would have to pay the tax I am just presuming if you are selling you house you will be going to live in Spain full time

You are only allowed to stay in Spain for 90 days then you will have to leave unless you have applied for residencia 

Andy999

Posted: Sat Apr 24, 2021 10:59pm

Posts: 150

43 helpful points

Joined: 30 Sep 2018

Posted: Sat Apr 24, 2021 10:59pm

We will be coming to spain on a non lucrative visa in October . By which time I will have sold my house the day before we travel to spain. I thought you only become a tax resident in spain after the 180 days ? Therefore , surely , I wouldn’t have to pay tax on my, already sold property in the uk ? 

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