Brace for Brexit 19: Higher taxes for Brits owning Spanish homes
UK resident landlords of Spanish properties will pay more tax on rental income and on gains from any former Spanish home sold after the end of the transition period on 31 December 2020.
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French rules updated this week saying you can't have new branches controlled from the UK .
But hey, blue passports.....
Love it..we got our country back..and the most likely people to own these properties are the older residents who hate foreigners, voted to leave and vote Tory..just love it..so so funny..How's your Daily Mail and Hitler poster?
Oh really.
Are you a Stalinist reading only the Red Flag?
Silly comment as would be the above comment and disrespectful to valid held views democratically expressed.
No I was and am not a Brexiteer. Just respect that others may hold another view and the democratic process.
If you are no longer a club member and no longer pay the club fees you don't get the same benefits as members, simple as that
Is the position any different if you are an EU Citizen as well as a UK citizen (i.e. dual citizen) but resident in the UK? i.e. is it residency rather than citizenship that matters? I thought a principle of EU law was that all EU citizens must be treated equally?
What happens those with Irish passports resident in Northern Ireland who are still EU residents?
The issue will sort itself out; supply and demand rules:
Spain still have in excess of 2-3mill empty properties they hope to sell, mainly to Britsh citizens.
Hello. The "old" Spanish law allowed qualified expenses in excess of income to be carried over for up to 4 years. Will it still be possible for UK tax residents to deduct expenses that were incurred prior to the end of the transition period in their quarterly returns starting 1Q21?
And how about citizens of other EU countries now resident in the UK? Surely it cannot be legal for their EU citizen equal treatment rights to be taken away? They still have Schengen area movement rights, and had to apply for permission to stay in the UK, so would they not have EU tax law treatment rights too?