Client is UK resident and lets out a property in Spain for which she has quite a hefty amount of tax deducted at source. The tax reclaimed in the UK is nil as she made a loss, therefore is there any way of reclaiming the tax direct from the Spanish authorities?? Is this possible??
Many thanks
Paul
Paul
Replies (3)
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re tax on overseas rental property
Do you mean complete a tax return in Spain to reclaim the tax paid?
Tax Return
I suppose that the withholding tax in Spain has been 24%.
As there has been a withholding tax on the income your client will need to complete a return in order to claim the excess of tax withheld.
I hope that helps.
Regards,
Juan Carlos
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