Tax resident, non tax resident and individuals under the Special Tax Regime, will have to check whether or not they have a Net Wealth Tax Return to file.
Individuals coming to work in Spain and who meet certain requirements, may choose to pay personal income taxes under a Special Tax Regime (known as the “Beckham Law”).
This special regime implies important advantages in the personal taxation for a period of up to 6 years. But it requires revision of fulfilment of all the requirements and a formal request within a deadline.
Likewise, in the event of leaving Spain before the expiration of the special regime, or wanting to renounce its application, or if there is a non-compliance with the requirements during the years in which it is applicable, it is necessary to communicate it.
Should you have doubts about any aspect related to the application of the special regime or believe that you may be at risk of loss of this benefit, in albea we can help you resolve them. Contact us.