Modelo 720

EU gives Spain two months to scrap ‘unfair’ expat fines

The European Commission has given the Spanish government two months to make Modelo 720 penalties fairer following revelations that fines issued for late or inaccurate tax returns can be as high as 150% of the undeclared assets.

February 27, 2017
British expats living in Spain must now disclose Malta Rops

Spain has unveiled a new rule which will require British expats to declare the money they have in Malta-based recognised overseas pension schemes (Rops) that allow ‘flexi-access’ in line with the UK’s pension freedoms introduced last year.

October 12, 2016

EU gives Spain two months to scrap ‘unfair’ expat fines