Business · Economy · 1 day ago

New housing tax decree prompts advice for owners, tenants and property firms

New housing tax decree prompts advice for owners, tenants and property firms

A new housing decree in Spain has introduced a broad set of tax changes affecting property owners, tenants and companies.

The rules are already in force, and experts say careful planning can help people avoid unexpected tax bills.

Landlords with contracts due to expire or be renegotiated are advised to compare the old and new tax reductions before signing; reductions linked to rent cuts take effect on 1 December.

The decree also changes how large property owners are counted, with the threshold set at 10 or more homes.

Owners of tourist rentals should prepare for VAT registration before 1 December, while owners of empty homes should assess changes to tax calculations due from 2027.

Tenants are advised to check whether their annual income is within the €33,007.20 limit for a tax reduction.

Sources

Related news