Torrevieja Forum - Information coming soon!
Thanks all, probably didn’t explain , I have filled a tax return over here for the last few years,so maybe exempt from 3% thenInfo wrote: ↑Wed Nov 15, 2017 1:11 pmYes you need to be making your tax returns to Spanish Hacienda. It is why people who are resident but are not liable for income tax, due to their small earnings, are always advised to make a tax return even if it is a nil tax return. They are then registered on the system and can benefit from other allowances and credits. The Comm Valenciana is good as you will probably not be taxed on the sale of your home once you fulfil the tax criteria like over 65 or investing the proceeds in a new home within a set time limit.
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Thank you. Good to know what it means