Finance

Does your Asesora understand that your pension is taxed at source? There is an agreement on double taxation to prevent this very thing happening but it is absolutely reliant on the person who files your tax returns being aware of the tax at source and putting in the correct forms to show that.

your service pension will be taxed if it doesn't exceed the tax limit in the UK and therefore is not taxed in the Uk.  the state pension is also not taxed in Uk but as it is your worldwide income it is in Spain.  if you are taxed on your service pay both in UK and Spain then you need to claim it back from UK.

I receive a U.K. tax paid service pension and do not pay further taxes on it here in Spain. I use Torres at the Zico commercial centre in Mojacar and Antonio is quite clear about the double taxation rule. As Dario suggests below, speak to your assessor or change to someone who has more experience of the rules.

My wife has an NHS pension but this does not meet the criteria and she pays, a very small amount of, Spanish tax on it.

Thanks for the info PhiBr.

Even if you receive a UK service pension with tax paid at source, be sure your annual tax return here in Spain includes the amounts. Failure to do so can result in a fine, back tax over past 4 years, and a whole heap of headaches. Regardless of the fact you have paid tax, the income is entered in a different part of the submission from regular UK pension, investment income etc. It might put you into a different bracket, and a small amount of Spanish tax may thus be due. 

Worldwide assets (Modelo 720) should be declared, and updated if there are considerable changes.

Calendar year income, pensions, share dividends, investment income, rental income (2nd home) etc should all be declared to avoid falling foul of Hacienda/Tributaria.

Try this link, use the advanced button where age can be input.

https://www.icalculator.info/spain.html

I have been informed that when you have become tax resident then after eighteen months you will just get taxed in Spain. There is a double taxation that is used so if you have paid twice then you will eventually get back the overpayment.

Double tax rules between HMRC and Tributaria can be a minefield.

The first year of your Spanish residency, supported by a padron, is the first calendar year you will declare your income and earnings. A zero rating letter from HMRC and a fiscal residency certificate would be the minimum requirement in order to avoid double taxation. Both tax offices need to agree with your status.