Malcolm Roach M.i.c.m - Tumbit.com Blog Feed

Own a Property in Spain ? Then you need to read the following

info@tumbit.com (Malcolm Roach M.I.C.M) — Tue, 20 Nov 2012 16:41:35 GMT

Wincham International would like to advise you that you are obliged to submit a Non Resident Tax Declaration to the Hacienda (Spanish Tax Office) if you own a Spanish property as a holiday home or a Spanish property that you rent out for part of the... more

Don't let your Dream Home get swept away by Spanish IHT

info@tumbit.com (Malcolm Roach M.I.C.M) — Wed, 12 Sep 2012 20:11:43 GMT

Most owners are not aware that their beneficiaries and their estate may have to pay Inheritance Tax both in their country of domicile and in Spain. Spanish law dictates that the beneficiary of your estate must pay tax on the amount that they... more

Increase in Transfer Tax on Resale Property Purchases

info@tumbit.com (Malcolm Roach M.I.C.M) — Wed, 11 Jul 2012 18:02:54 GMT

Many of our clients tell us that they have been advised by other professionals that Spanish Taxation is likely to decrease in coming years and that Inheritance Tax (IHT) should not be an issue. However, this may not be the case, with the on-going... more

Spanish Wills will not protect you from Spanish IHT

info@tumbit.com (Malcolm Roach M.I.C.M) — Wed, 08 Feb 2012 21:22:10 GMT

Non-residents purchasing properties in Spain are often urged to set up a Spanish Will in the belief this will shield them from Spanish IHT. This is unfortunately untrue and a Spanish Will can often complicate matters as it may conflict with an... more

Spanish Taxes on the increase

info@tumbit.com (Malcolm Roach M.I.C.M) — Thu, 02 Feb 2012 19:12:21 GMT

We have received almost 1,500 enquires in the past 12 months alone from owners of Spanish property who are concerned about Spanish Inheritance and Taxes in Spain. Over 95% of these owners have spoken with one of our Spanish Tax Consultants and have... more

UK HMRC clamp down on Non-Resident owners of Spanish property

info@tumbit.com (Malcolm Roach M.I.C.M) — Mon, 21 Nov 2011 16:10:01 GMT

After reading the news story, published on the 10th November 2011 by Tumbit (Click HERE to read), I felt that I should expand on some of the problems that the new HMRC unit is likely to be targeting. As Spanish and UK tax consultants we have many... more

Reintroduction of Wealth Tax

info@tumbit.com (Malcolm Roach M.I.C.M) — Tue, 18 Oct 2011 15:42:23 GMT

It has been recently announced that Wealth Tax is to be re-introduced in Spain for a limited period of time. This is a temporary measure and will be reviewed on 1st January 2013. So for tax years 2011 and 2012 (submitted in 2012 and 2013... more

Why not make a personal appointment with us ?

info@tumbit.com (Malcolm Roach M.I.C.M) — Thu, 10 Mar 2011 12:58:59 GMT

We are pleased to announce that we have been shortlisted for the AIPP Awards 2011 ahead of the presentation ceremony in London at 'A Place in the Sun Live' on Friday 11th March where the winners names will be revealed. Wincham have been nominated in... more

Do Not Wait Four Years Before You Probate in Spain !

info@tumbit.com (Malcolm Roach M.I.C.M) — Wed, 18 Aug 2010 18:49:45 GMT

As Spanish Tax Consultants we provide an alternative method of ownership of your Spanish property to help protect against Spanish Inheritance Tax. Whilst discussing our methods with interested clients we hear of many crazy suggestions from advisors... more

A brief review of Wincham Consultants and our services

info@tumbit.com (Malcolm Roach M.I.C.M) — Thu, 25 Feb 2010 11:29:35 GMT

Since Wincham has been writing our blogs, we have received many enquiries about our company and solution to avoid Spanish Inheritance Tax and I have supplied a number of the most popular questions posed by our clients. Who has to pay Spanish... more

Spanish Inheritance Tax - FAQ's : Part 8

info@tumbit.com (Malcolm Roach M.I.C.M) — Thu, 03 Dec 2009 12:36:59 GMT

20.) The Question of Domicile. In essence, your Domicile is the country which you consider is your permanent home. This does not mean that it is the country of your birth or the country in which you may be living at present. Neither does it mean... more

Spanish Inheritance Tax - FAQ's : Part 5

info@tumbit.com (Malcolm Roach M.I.C.M) — Fri, 20 Nov 2009 08:52:19 GMT

12.) If I am looking to purchase a property in Spain can I make any savings? Yes. It is possible if you have the cooperation of the vendor to invest the property in a UK Limited company prior to the purchase. This can be done using a simple UK... more

Spanish Inheritance Tax - FAQ's : Part 2

info@tumbit.com (Malcolm Roach M.I.C.M) — Fri, 06 Nov 2009 10:59:27 GMT

4.) My wife and I are both residents in Spain so surely this does not affect us? But what about the beneficiaries when you have both died? If your contingent beneficiaries do not live in Spain then they will all need to go through the process of... more

IHT Presentation given to the No smoking Club

info@tumbit.com (Malcolm Roach M.I.C.M) — Tue, 29 Sep 2009 14:28:41 GMT

The Torrevieja No Smoking Club invited the Directors of Wincham Consultants, Mr Malcolm Roach and Snr Jaime Vives to attend their September meeting to provide a presentation on Spanish IHT planning for UK domiciled Spanish property owners at Los... more

Spanish Property Price Fall Predicted

info@tumbit.com (Malcolm Roach M.I.C.M) — Thu, 13 Aug 2009 15:57:08 GMT

The Spanish government would have us believe that Spanish property prices are still rising by 0.7%, but according to 2 new reports from UBS and Credit Suisse – 2 leading Swiss banks – Spanish property prices are already on the way down, and have a... more

Probate In Spain

info@tumbit.com (Malcolm Roach M.I.C.M) — Thu, 13 Aug 2009 15:50:16 GMT

For those who have lost a relative or friend, discussing the subject of probate is often a significant step at the outset; and one which we appreciate needs to be handled with sensitivity. We are available at the convenience of our prospective... more