Etiqueta 'Overseas assets'
Do you need to submit a Modelo 720 this year?
Assets are valued using the wealth tax rules as at 31st December each year. For bank accounts you also need to declare the average balance over the last three months of the year.
Tax
Brussels looks to clip Hacienda’s wings on Modelo 720
There may be relief ahead from the threat of Modelo 720 sanctions for taxpayers in Spain.
The Modelo 720 declaration seen on the computer
The Modelo 720 declaration is filled out on the computer and submitted digitally to the tax office.
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Major security alert at Mallorca airport, surprise landing of flights from Morocco and Namibia
- Big changes on the horizon when Britons travel to Mallorca
- Over two hours for Britons to get through Palma airport queues
- Watch those prices in Mallorca