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 01-08-2005, 07:31
Lady Pollenca
Guest
 
Posts: n/a
Default Advice on Wealth Tax

Hi
Does anyone know how the wealth tax is calculated, and more importantly how you get the relevant form to pay and declare it? not too ssure of the rules any advice from ex pats would be a great help, thanks in anticipation!
Reply With Quote
Sponsored Links
  #2  
Old 01-08-2005, 15:36
*****
 
Join Date: Feb 2008
Posts: 645
Default Re: Advice on Wealth Tax

Ana de la Cruz calculates my wealth tax every year and just sends me the bill which has to be paid by October I think.
I think the calculation is done some how depending on amount of properties owned and the amount of rates you pay. Sorry can't be more helpful. I think it is for non residents only, but I will find out in August when we apply for residencia
Reply With Quote
  #3  
Old 04-08-2005, 05:24
Lady Pollenca
Guest
 
Posts: n/a
Default Tax

Thanks for your reply Mallorcaboy.
I know there is a wealth tax and another tax payable (but cannot remember the name), hate to be the bearer of the bad news but whichever is the higher I think is payable by residents and non residents alike.
Reply With Quote
  #4  
Old 18-09-2005, 05:58
translatorman
Guest
 
Posts: n/a
Default Re: Tax

Hi

Does anyone have contact details for someone who would handle these matters for us? I think before the board got ambushed there was info about someone at a video shop who specialised in handling tax for non-residents?
Reply With Quote
  #5  
Old 19-09-2005, 06:04
Lady Pollenca
Guest
 
Posts: n/a
Default Re: Tax

We had a word with the solicitors we used in PP, got to say haven't organised anything yet but a guy called Tony who I think is a partner at the solicitors De la Cruz & Coll can deal with any tax liabilities, queries etc for you.
Reply With Quote
  #6  
Old 26-09-2005, 19:30
chelseadons
Guest
 
Posts: n/a
Default Wealth Tax

The Wealth Tax has to be paid by homeowners and is set against letting revenues. Unfortunately as the Spanish Government is convinced everybody is letting their apartments and not declaring it they insist on taxing everybody irrespective of whether you let or not !!

Tony De la Cruz and Oscar Coll can represent you if you wish. The Tax is .2% of the value of your property, which is net of any mortgage payments. If you actually declare letting revenue its more complex !!

Chelseadons
Reply With Quote
  #7  
Old 07-11-2005, 02:30
Roy and Katie
Guest
 
Posts: n/a
Default Re: Wealth Tax

We have just paid ours and it is more like 0.4% of the value. We don't let.

Roy
Reply With Quote
  #8  
Old 08-11-2005, 08:27
Lady Pollenca
Guest
 
Posts: n/a
Default Wealth tax

Hi Roy and Katie
Glad to hear your'e all paid up and above board! We haven't paid ours yet, can I ask did you calculate the tax yourself and if so where did you obtain the relevant paperwork? Or did you use an agent?
Reply With Quote
  #9  
Old 09-11-2005, 03:17
Roy and Katie
Guest
 
Posts: n/a
Default Re: Wealth tax

We used an agent recommended by our lawyer. We can give you details if you wish.

I believe that the tax is made up in various bands, and is not a straight percentage. I don't have any more details.

You have a year to file the return and pay the tax, so 2004 tax needs to be paid by the end of this year.

Roy
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 16:58.


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