Puerto Pollensa Travel Guide
Before You Go
Flights
Package Holidays
Latest Special Offers!
All-Inclusive Hotels
Hotels & Aparthotels
Private Villas/Apts to Rent
Villa Companies
Local Rental Agents
Cruises
Car Hire
Airport Transfers & Taxis
Travel Insurance
Late Deals!
Currency
Holiday Shopping
Background Info
Language
Books
Events & Fiestas
Climate & Weather
Art & Culture
Flora & Fauna
Links
Discussion Forum
Once You're There
Maps
Airport Directions
Tourist Information
Eating Out
Buses & Trains
Music & Entertainment
Excursions & Days Out
Shopping & Markets
Kids
Beaches
Walking, Cycling
Boat Charters
Sailing/Watersports
Market Place
Boats & Yachts
Property For Sale
Businesses For Sale
Property Services
Local Services
MouseMats & T-shirts
Computers
Internet Services
Virus Protection
PuertoPollensa.com discussion forums

Go Back   Pollensa Forum > LIVING & WORKING IN POLLENSA > Living & Working in the Pollensa Area

Living & Working in the Pollensa Area This forum is for any comments, questions and advice about living (permanently or temporarily) and working in the Pollensa area. Aimed at ex-pats, property owners etc.

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 18-02-2007, 22:51
*****
 
Join Date: Feb 2008
Location: Suffolk
Posts: 124
Default 5% Retention for Capital Gains Tax after sale of apartment

We sold our apartment in October 2005 and 5% of the selling price was retained by the lawyer as required by the government in case of capital gains.

We have no capital gains tax as we didn't make a profit but we still haven't received our 5% back. We have enquired several times with the lawyer when we will recived this and he assures us that it takes time. However, 16 months have now passed with no hint of our money back.

Has anyone else had experience of this?
Reply With Quote
Sponsored Links
  #2  
Old 19-02-2007, 08:03
Belladonna's Avatar
*****
 
Join Date: Feb 2008
Location: London, Kent borders.
Posts: 4,073
Default Re: 5% Retention for Capital Gains Tax after sale of apartme

Sorry, but yes. Still waiting 2 years on. Manana!!
Reply With Quote
  #3  
Old 01-12-2009, 13:50
*****
 
Join Date: Apr 2008
Location: Southampton & Pine Walk Apt
Posts: 962
Default Claims for refunds of Spansih CGT

Not sure if anyone else has commented on this already but there seems to be a good chance of claiming back some Spanish Capital Gains Tax for properties sold by non-residents between 1999 & Dec 2006.
Have a read of this article and see what you think:-

Costa Alvarez Manglano | Spanish tax reclaim | International Tax Expert Lawyers

Hope it's lucky news for some people!
Reply With Quote
  #4  
Old 01-12-2009, 15:15
eleanor's Avatar
*****
 
Join Date: Jul 2009
Location: on the coast in Essex
Posts: 1,739
Default

A friend of ours who sold via an English estate agent was told to be very careful because of the black money situation. They were told it could open a huge hornets nest.
Haven't heard of any other experiences though.
__________________
Eleanor
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are Off
Refbacks are On



All times are GMT +1. The time now is 16:38.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO 3.6.0
(c) Copyright Holiday Webs Ltd 2011