January 2012: No apologies for telling you as it is! The irony about ISD is that since careful planning can avoid most of the tax, it is actually a ‘Voluntary Tax’
I recommend that you take advantage of a FREE proposal which will tell you the extent of any liability you might have. It commits you to nothing but does put you in the picture.
- Spanish Inheritance Tax (ISD) is NOT the same as UK IHT
- A widow’s sad story
- Why didn’t your lawyer tell you?
This tax is totally different from UK IHT, in fact so different that it is not covered by any Double Tax Treaty between
UK and . This article covers anybody
who has assets in Spain Spain
whether they are resident or non-resident in . Spain
I suspect that it affects everyone who reads this Blog and each of you know many, many people who are also trapped by its implications. Perhaps you could pass it on to friends and neighbours?
But there are solutions
A letter from a Widow
As if coping with a tragic death is not enough, there is a highly significant tax as well!
Yet there are
which are using the advantage of EU treaties, yet complying with Spanish Law.
Rather than tell you more here, I suggest that you look at your own situation
and get a free quotation based individually on your own circumstances. UK
Please click on the section 'Check YOUR Spanish Inheritance Tax liability' in the right hand column.
As always, you can also contact me by sending an email
Financial Pages in
PS If you’d rather pay this ‘voluntary tax’ – do nothing!