September 2012 - Costa Calida Chronicle

In association with Costa Cálida International Radio and www.angloINFO.com
Tax in troubled times
Does anyone doubt that these are troubled
times?
Increase in IVA (VAT), changes to the rules on
residencias and SIP (health) cards, having to
pay for prescriptions and protests in Madrid.
Unemployment is sky high and getting worse.
Even the black economy is struggling.
Those who in the past have put off getting
their affairs in order are fi nding it harder to
do so now, and at the same time it has never
been more important to comply with the
regulations than in the current crisis.
We see a time in the not too distant future,
when having your CFR, the certifi cate that
proves you have accounted for tax in Spain,
will be as necessary as your passport when
dealing with all offi cialdom, even at a local
level. That sounds a bit grim. Sometimes
Page 14
reality is, but as with most things there is a
bright side.
Many British residents in Spain are paying
TOO MUCH TAX; mostly in the UK, but in
Spain too. UK Tax Refunds, as the name
suggests, have been recovering overpaid tax
for British residents in Spain for the last 5
years, with hundreds of satisfi ed clients. The
service that UK Tax Refunds provides, not
only recovers any overpaid tax, but as part
of the process, ensures that your Spanish tax
obligations are met and your UK tax affairs
are in order.
How does this Work?
Once your Spanish tax affairs are put in order,
we can ask HMRC in the UK to refund any
overpaid tax that may be due to you.
Why bother?
As well as recovering your overpaid tax
(average refund £3,000+) you will be Fiscally
Resident in Spain, thus entitling you to be
treated differently for Inheritance Tax and
Capital Gains Tax, as well as Healthcare, Etc.
Why UK Tax Refunds?
We deal with the Spanish Tax Authorities as
well as with the HMRC. UK Tax Refunds is
a registered agent with the Inland Revenue
and fully understand the English Tax System.
We can help you to work out if the tax code
you were given by the English Tax Offi ce is
right or wrong and consequently modify it if
necessary.
It is important to put your Spanish Tax Affairs
in order, but no less important than working
with HMRC to put your English Tax Affairs
in order according to your new situation.
To do so it is not diffi cult but complex and
UK Tax Refund can do it for you from the
beginning to the end. You will not have to get
involved with phone calls to HMRC or visits
to the Spanish Tax Offi ce. We will do it from
A to Z and at the end of the process you will
receive a phone call from a member of our
staff asking you for a bank account where you
would like the Tax Refund to be paid into.
For a full explanation in plain English of how
we can help you, please phone 965 636
938 or Email: Michelle.Hamilton@uktaxrefund.com
Our offi ce is open to receive your enquiry
from 9am to 5pm Monday to Friday.
You can also choose a
Châteauneuf du Pape in white,
Cellier des Princes 2010 which
is a very nice dry wine. The
price of the bottle is also 19€.
Enjoy these wines and we hope
to see you soon in Le Gourmet
in Puerto de Mazarrón, on the
corner behind the Avenida
Restaurant.
Wines of the Month chosen
by Yoann from Le Gourmet
Wine Bar.
As the wine of the month,
Yoann proposes for September
a very nice Châteauneuf du
Pape Red Domaine Sainte
Vierge 2009 which received a
lot of awards in 2011 & 2012.
The price of
the bottle is
19€ for this
very excellent
wine.
Please tell our customers where you saw their advertisement in the Costa Cálida Chronicle
To place an advertisement with us please see page 4 or contact Teresa 619 199 407
www.costacalidachronicle.com email: costacalidachronicle@gmail.com