Non Resident Tax with Imputed Income (IRNR)
This is the Non Resident Tax based on the deemed rental (imputed) of your property for a calendar year. You have until 31st Dec to file a Modelo 210 for the previous year and may vary slightly depending on the tax rate at the time.
Despite solicitors and others telling you otherwise it is a very simple tax to calculate and pay, the Agencia Tributaria have even produced a self assessment work template and instructions for completing and filing all in English.
Before we look at the forms lets just see how to calculate the tax base rate or “imputed income”
Tax base is 2% of the cadastral value of the property (found on the IBI receipt), or 1.1% if the cadastral value if it has been revised since 1st January 1994.
So first calculate the base rate for tax
Then apply the appropriate tax rate: 24.75% (temporarily increased for 2012 & 2013)
You can now see why it’s worth getting the info from the council offices before you leave.
So using the 1.1“% rate as and example
Cadastral value of property = 200,000 Euros
Base = .011 x €200,000 = €2,200
Tax = 24.75% x €2,200 = €544.50 (for 2012 & 2013)
So if there is more than one owner of the property you will divide the Base by the number of owners and submit a Form 210 each.
These are the instructions from the Tributaria website.
They are worth reading but can be a little confusing so print a copy off for reference.
https://www.agenciatributaria.gob.es..._Instr_210.pdf
So let’s move onto the self assessment template that is again provided in English.
https://www2.agenciatributaria.gob.e...0b.html?idi=en
Ensure you have the latest version of “Adobe”. Note neither link will work on iPad.
You may have an AEAT Applet security warning appear with this question,
“Do you want to run Application?”
If So
Tick “accept” then “run”
You may have to do this twice.
Starting at the top left.
1. NIF your personal number, this will generate a bar code on the final copy.
2. Names surname first.
3. Capacity, tick “S” Taxpayer.
4. Period, select “Annually”
5. Accrual year “2012”. Remember filing for end of last tax year.
6. Accrual date 31.12.2012 Again up till the end of previous year.
7. Income type “02” This generates box "210 I" to declare Individual Taxable Base
8. Currency keys “Euros”
Taxpayer Details
9. NIF
10. F/J select “F”
11. Names again
12. Ignore NIF in the country of residence
13. Date of Birth
14. Place
15. Country Code, UK as always near bottom.
16. Tax residence country code same as previous
Home address
17. Self explanatory, No need for additional information, email, telephone and fax nos.
Ignore Taxpayers representative.
Location of Property
18. Write full address in “Street name” ignore the rest of the boxes.
19. Continue with Post Code
20. Province - from drop down Illes Balears
21. Municipal Name - from drop down Pollenca
22. Taxable base (Imputed Income).011 x cadastral value or .02 x cadastral value
This is now divided by the number of co-owners to find the individual tax base rate
Final assessment. (Box numbers in brackets)
23. Tax rate 24.75% for 2012/2013
24. (22) Full amount due. The individual tax base rate amount calculated in 22 above x .2475 for each co-owner. Remember each person has to file a separate form.
25. (24) (28) (31) same as box (22)
26. Receipt No from your previous form 210. (I don’t think this is required)
So that’s it, hit “Validate and generate PDF” and either see the print out of filing instructions and the 3 orange form 210 completed in English.
Or
Copy errors into Google translate (errors are in Spanish) find out what you left out and try again.
No need to take form 210 personally to Spanish bank, just scan and email the appropriate copy and they will do it for you.