Non-Resident Imputed Income Tax, NRIIT (Annual Fiscal Representation Service)
Taxation
Non-residents, on owning property in Spain, are required to file a yearly tax before the 31st of December each year called the Non-Resident Imputed Income Tax (irrespective of whether you rent out or not).
For 2024, our cut-off date to accept filing NRIIT tax returns is Monday the 16th of December. Please do not wait until the last moment to file your tax return. We file this tax online all over Spain within 24 working hours. The previous year is taxed (2023).
Appointing a lawyer as your fiscal representative in Spain to file and pay on your behalf your Non-Resident Income Tax and Wealth Tax returns (if applicable) has a number of advantages:
- Larraín Nesbitt Lawyers, 21 years’ experience filing expat taxes at your service.
- Deal only with native English-speaking lawyers & economists.
- Professional Indemnity Insurance which you can claim from in case of negligence or malpractice. Currently, this cover stands at €1,000,000 with Larraín Nesbitt Abogados.
- Registered professionals. Larraín Nesbitt Lawyers only employs qualified and registered Abogados and Economists. Registered abogados are subject to disciplinary action by the Law Society so must conduct themselves honourably to continue practising or else risk being barred.
- We are members of the British Chamber of Commerce, Spain.
- Complete the tax forms in Spanish.
- Ensure you do not overpay on calculating the tax due on your property based on its rateable value and the number of days you have owned it on a pro rata basis.
- Submit the tax returns before the Spanish Tax Office in a timely manner (thus avoiding attracting penalties and surcharges on late payment).
- Setting a fiscal representative’s address to deal with all tax-related correspondence generated throughout a fiscal year.
- Reply to any tax notifications within the deadline ensuring tax compliance.
- Appeal misunderstandings or material errors (additional fees may apply).
- Up-to-date knowledge on fast-paced fiscal changes.
What is NOT included in this service:
- If you are non-resident and renting out your property in Spain, whether short or long-term, in addition to hiring our above imputed income tax service, you also need to hire an additional tax service called: Holiday Rentals Accounting Service (HRAS). Landlords with private holiday rentals need to file tax on the tax quarter they rent out. This service has a different set of legal fees. Very generous landlord tax relief is available for EU-residents. Please ask us.
- Paying taxes late: payment after the cut off date requires taxes are paid at a Spanish bank, in person (direct debits are no longer accepted after the deadline). Our quoted fee does not include this additional service. You will be charged a minimum of 100 plus 20% VAT.
Penalties for late submission of tax returns
Payment after the tax deadline, attracts the following delay interests:
| Up to 3 months | 5% |
| Up to 6 months | 10% |
| Up to 12 months | 15% |
| +12 months | 20% |
Legal fee: 100/year*
*This fee is up to two joint property owners. If there are more, higher fees apply. VAT not included.
We will be very pleased to discuss your matter with you. You can contact us by e-mail at info@larrainnesbitt.com, by telephone on (+34) 952 19 22 88 or by completing our contact form to book an appointment.
Tax-related articles
- Non-Resident Taxes in Spain – 8th December 2015
- Non-Resident Income Tax – 1st December 2017
- Non-Resident Income Tax – 8th December 2017
- Non-Resident Imputed Income Tax (Fiscal Representation Service) – 8th October 2018
- Requerimiento - Spanish tax agency's summons – 7th March 2019
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