Quote:
Originally Posted by mrypg9
Our accountant tells us that reciprocal agreements mean that you are taxed in one country only. In our case that will be the UK. Same situation as here in the Czech Republic.
10p tax rate won't make any appreciable difference!
This board is very useful - the information given is much appreciated.
We want to rent long-term, for at least five years until a family property will be available for us. You need a vivienda - is that right?
How common are rental properties with a five-year vivienda?
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Yes you
are taxed in one country only under the reciprocal agreements, but it is your country of residence. If you live and reside in Spain you will be
liable for tax in Spain. You can go ahead and happily pay your tax in the UK if you like, but when the Spanish tax man catches up with you he will want his pound of flesh also.