Mark Roach - Tumbit.com Blog Feed

Title Deeds Insurance now included for ALL Wincham clients

info@tumbit.com (Mark Roach) — Tue, 13 Mar 2012 16:52:38 GMT

We are delighted to announce that from the 7th March 2012 all Clients who use our services to purchase or invest a Spanish property into a UK limited company will now be covered by Title Deed Insurance. We are the only company to offer this cover as... more

VAT Reduced to 4% on Purchase of New Build Properties

info@tumbit.com (Mark Roach) — Tue, 06 Sep 2011 14:02:10 GMT

The Spanish Government has recently reduced IVA (VAT) on new build purchases from 8% to 4% until 31st December but not for resale or second hand properties to encourage the sale of properties bought directly from builders in Spain. Wincham... more

How to protect your cash in a Spanish bank on death!

info@tumbit.com (Mark Roach) — Thu, 09 Jun 2011 10:30:03 GMT

I saw a question on a forum recently about a gentleman who was concerned that when his wife passes away that their bank in Spain will freeze the account and he will not have access to the funds. Unfortunately this is very common across Spain and... more

Wincham: shortlisted for an AIPP Award 2011

info@tumbit.com (Mark Roach) — Thu, 31 Mar 2011 15:28:53 GMT

WINCHAM WAS the runner up in the AIPP Awards 2011 announced in London at ‘A Place in the Sun Live’, Earls Court on Friday 11th March. Wincham was nominated in the category of ‘Most Outstanding Example of Customer Service’ (Service Providers) and... more

Spanish Inheritance Tax enquiries keep on coming

info@tumbit.com (Mark Roach) — Thu, 03 Mar 2011 13:24:05 GMT

Wincham has been operating in Spain since 1994, helping Clients locate property and purchasing using a corporate structure to combat Taxation in Spain. Since 2005 we have seen a significant increase in the number of people who are concerned about... more

Spanish Inheritance Tax - A response to recent articles...

info@tumbit.com (Mark Roach) — Fri, 01 Oct 2010 13:31:20 GMT

I felt that I MUST respond in respect of a number of articles that have been published in various local Spanish newspapers recently... It is stated that the shares of a UK company may be subject to Spanish IHT, this is incorrect if the company is... more

Spanish Property Tax & UK Budget Updates

info@tumbit.com (Mark Roach) — Tue, 29 Jun 2010 17:03:27 GMT

Paul Austen, Chartered Accountant and Associate of Wincham Consultants discusses some of the Tax updates in last weeks Emergency Budget which may have an effect on our Spanish Tax solutions of UK Company ownership for properties in Spain. Last week... more

Thinking of buying a property in Spain ?

info@tumbit.com (Mark Roach) — Fri, 14 May 2010 10:17:35 GMT

Then why not investigate purchasing in a UK Limited Company structure? Purchasing your property in Spain is a life changing experience that can end up being the biggest mistake you ever made. Any would-be owners are rushed into making a decision... more

Avoiding Spanish Inheritance Taxes

info@tumbit.com (Mark Roach) — Wed, 07 Apr 2010 08:42:39 GMT

Detailed below is the procedure concerning the transfer of a property in Spain from a person, to a UK company : Proposition - To save Death Duties & Legal Fees in Spain and make the property easier to deal with by the Executors of the Clients... more

The cost to register your Spanish property in a company name

info@tumbit.com (Mark Roach) — Wed, 17 Mar 2010 11:33:37 GMT

"The creation of a tax efficient United Kingdom company is a sensible strategy for reducing inheritance taxation" - Joe Howard is the Senior Partner of Howard Mathews LLoyd Accountants UK Anybody that has read our previous articles and blogs will... more

Company Ownership for Your Spanish Property.

info@tumbit.com (Mark Roach) — Wed, 27 Jan 2010 17:28:17 GMT

Wincham believes that it is the market leader in the provision of Consultancy Services in respect of corporate ownership of Spanish property. Not only have we been operating in Spain for almost 20 years but we also own a portfolio of Residential and... more

Spanish Inheritance Tax - FAQ's : Part 7

info@tumbit.com (Mark Roach) — Fri, 27 Nov 2009 15:48:21 GMT

18.) When to pay Plusvalia Tax and who’s responsible for paying? When is it paid? Payment of the Plusvalia Tax needs to be addressed in every single Spanish house purchase transaction and is commonly overlooked or misunderstood. The amount... more

Spanish Inheritance Tax - FAQ's : Part 4

info@tumbit.com (Mark Roach) — Sun, 15 Nov 2009 17:08:39 GMT

11.) What if I want to sell the property – will the fact that it is in a company be a problem? Not at all – in fact it is actually beneficial to both the vendor and the purchaser if the property has been invested in a UK Limited company. How does... more

Spanish Inheritance Tax - FAQ's : Part 1

info@tumbit.com (Mark Roach) — Thu, 05 Nov 2009 10:15:45 GMT

1.) Why Do I have to pay Spanish Inheritance Tax? If you own a Spanish property when you die your beneficiaries will need to go through probate and pay the relevant taxes before they officially owntheirportionoftheproperty. In Spain it is the... more

Are there any advantages in owning a property in Spain in your children’s name?

info@tumbit.com (Mark Roach) — Tue, 29 Sep 2009 14:11:18 GMT

I was recently asked by a client who was purchasing a property in Moraira, in the Costa Blanca, whether she could place the property in her daughter’s name to safeguard against Spanish Inheritance Tax (ISD). This is a suggestion I come across many... more

The Spanish Property Inheritance Tax Time Bomb

info@tumbit.com (Mark Roach) — Mon, 10 Aug 2009 17:43:27 GMT

Non-Domiciled property owners in Spain are sitting on a ticking IHT time bomb. Most owners do not understand that their Heirs and their Estate will pay IHT in two jurisdictions, Spain and their Country of Domicile. The reason for this is that in... more