livingspain_mag-fullpage.qxp
05/02/2007
13:13
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YOU HAVE A DUTY TO YOURSELF AND YOUR FAMILY TO AVOID UK AND SPAIN TAXES
Evading taxes involves not telling the truth or under declaring assets - in order not to pay tax that is due.
4. If you own property in Spain then you might spend one or two thousand euros per year on wealth taxes that need not be paid
Avoiding taxes means organising your affairs in such a manner that you properly and legitimately are not exposed to payment of tax.
5. If you do not write a Spanish Assets Will in exactly the correct manner then the important decisions that you take - about who should receive your estate - probably won’t work out as you intended
Tax is a dull and boring subject - that most of us would not want to spend a lot of time thinking about BUT failing to avoid tax means paying taxes which you need not pay - which means that you and your family – and ultimately your beneficiaries - will enjoy a much lower quality of life.
IF YOU ARE... THEN
If you are an English speaking person with on estate and affairs in both your homeland and Spain – or - an English speaking person who now lives only in Spain – then you have at least twice as many tax issues to concern yourself with.
2. If you buy and sell property without taking proper care, then you may pay capital gains tax, which could have legitimately been avoided.
1. If you do not take maximum advantage relating to tax on your pension or other income from abroad – you will have less money to live on than you are entitled.
3. If or when you and your partner die, then the survivor - and in time your children may only receive a half or a quarter of what they would have been entitled to receive
You should allow Quill Assets to analyse your position – and at no cost – present you with a single plan - to re-position your affairs - in order that you can legitimately pay the minimum possible - or NO - tax - upon profits, income, capital gains, wealth and succession. You should also allow Quill Wills to reorganise your Wills to make them work for your specific circumstances. To fully understand this crucial information please make that phone call now - Call (UK) 0800 298 3777 – or (Spain) +34 928 346 544 or email Jenny - jenny@quillwills.net
Brown targets exodus to the sun
A court victory for the taxman means the chancellor can squeeze more out of the 1 million people who have moved abroad. The Sunday Times, November 19, 2006
Thousands of British people who have moved or retired abroad will be chased for tax going back six years following a court ruling in November. The landmark decision changed whether you must pay UK tax on your worldwide income and gains. Talk to us for advice on the recent changes to the law in Spain and the UK which might affect you. From 150€ Quill can create you a cast iron Will and/or low cost Shelter structure - which will protect you from the ravages of taxation - both in your home country and in Spain. Call us today, you will be glad you did!
Telephone Jenny Harris on +34 928 346 544 or +34 679 278 737 for information. read more online at www.quillwills.net A Quill Group Company
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Spanish Office: Calle Argentina 9, San Andres 108, Costa Teguise 35508, Lanzarote, Las Palmas, España Tel: +34 928 346 544, Fax: +34 928 346 540, Email: jenny@quillwills.net | www.quillwills.net