Automatic exchange of tax and financial information between Spain and the UK

As of 2016, 83 countries including the UK and Spain signed an agreement to implement a system for the automatic exchange of tax and financial information on a global level. It is common for UK banks to send letters to account holders who have given their Tenerife address as their residence address. The letter asks for various information and the format varies slightly between the different banks, but the gist of the letter/form is that you need to provide your country [or countries] of Residence for Tax Purposes so that they can share information between countries so that correct taxes …

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Canary Islands IGIC and Import Duty

This information applies to  for commercial imports NOT personal ones which are exempt up to 150 euros in value Goods leaving the Mainland or another EU country and coming to the Canary Islands The Canary Islands does not apply IVA (VAT) sales tax but its own version which is called IGIC (El Impuesto General Indirecto Canario).  This has different rates from IVA. To know if a Spanish company liable under the IVA regime has to apply IVA or not , we have to ask which applies scenario 1 or 2: If products (physical goods) are brought into the Canary Islands, from the …

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Energy Certificates

Even if you just want to advertise your property as being for sale or for rent  you will need an Energy Performance Certificate.  The notary will ask you for a copy of it before you sell. This is Spanish law and applies not just to Tenerife but all over Spain. What is an energy performance certificate? It is a report detailing the overall energy efficiency of a property on a sliding scale from A to G, similar to ratings on electrical appliances when you buy them. You can be fined for advertising your property without a valid certificate. Fines range from …

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British Consulate and Renewing your British Passport

If you’re in Tenerife, La Palma, La Gomera or El Hierro and you need urgent help (for example, you’ve been attacked, arrested or someone has died), call +34 928 26 25 08. If you’re in the UK and worried about a British national in Spain, call 020 7008 1500. General enquiries Consulates deal with a large number of urgent cases each year. Before contacting a Consulate with non-urgent enquiries, please read our detailed guide for British nationals living in Spain to see if the information you need is there. If you still cannot find the information you need, you can …

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Recreational Fishing Permits

These can be applied for via the local town hall but they take quite a few days, so you may not get it before your holiday ends!.. if you go to Santa Cruz (weekdays before 1pm) the licence will be issued on the spot. Application form here . Form to pay the fee here, address of the office: Avda. de Anaga, 35, Edf. Usos Múltiples I, 11ª planta 38001, Santa Cruz de Tenerife – Tfno. 922.47.50.00 – Fax 922.24.68.43 if you are in the south of Tenerife there is also a local Fishing club who are happy to help visitors

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