filing a tax return in spain

[steffers53]

Can anyone tell me if you need to file a yearly tax return if you are not earning an income, but living off savings brought into a Spanish bank every month and not reaching any more than about 15000 euros a year ( to pay mortgage and basic costs here )?

I have always filed a tax return over the last 5 years, but now my situation has changed and I am not in employment here.

is there a certain limit of income over which you HAVE to submit a return?

many thanks,
s.

[Stravinsky]

Originally Posted by steffers53

Can anyone tell me if you need to file a yearly tax return if you are not earning an income, but living off savings brought into a Spanish bank every month and not reaching any more than about 15000 euros a year ( to pay mortgage and basic costs here )?

I have always filed a tax return over the last 5 years, but now my situation has changed and I am not in employment here.

is there a certain limit of income over which you HAVE to submit a return?

many thanks,
s.

Well for a joint income you have about a €13K allowance so you wouldn't have to pay tax, but personally I would file a nil return. Certainly on €15k though in theory you will have a small tax liability

[chris(madrid)]

Originally Posted by steffers53

Can anyone tell me if you need to file a yearly tax return if you are not earning an income, but living off savings brought into a Spanish bank every month and not reaching any more than about 15000 euros a year ( to pay mortgage and basic costs here )?

I have always filed a tax return over the last 5 years, but now my situation has changed and I am not in employment here.

is there a certain limit of income over which you HAVE to submit a return?

many thanks,
s.

The answer is YES. And if you own any property (mortgage indicates such) etc you should do anyway. There is a MINIMUM income UNDER which it's not compulsory - About €550/month if memory serves. Even the INEM payments will put you over this. Much will depend HOW you declare too. Joint or separate.