|
Transferring ownership of a Spanish property into a UK Limited Company to sidestep Spanish Inheritance Tax...

"Is it right for me"?
Legal & Professional Opinions
"Most estates will be hit with a 40% tax charge unless steps are taken..." Joe Howard - Senior Partner of Howard Mathews LLoyd Accountants UK More... UK Accountant
"I wanted to make you aware of a significant potential tax exposure to anyone you know who may have a Spanish property..."
Mr Paul Austen - Paul Austen Associates, A Chartered Accountant in the UK.
More... UK Accountant
"It quickly became apparent that a DIY approach to transferring a Spanish property to a UK company was not on the cards... for me or anyone else. Wincham have invested considerably in professional advice, both in the UK and Spain, to set up legal processes in Spain that will achieve the required result with a minimum of input by the client or their professional advisers. It is very efficient and quite unique."
Martin Ward - (FCA), A Chartered Accountant in the UK.
More... UK Accountant
"Although the value has increased by £300,000, virtually the whole of that increase has been paid to the Spanish and UK tax authorities..." Charles Deacon, MD of Veritatis Legal Consultanct (Retired Tax Lawyer) More... UK Legal
"With a property in Spain is owned by a UK company...there will be...NO liabilities. NO fees, NO legal costs" Maria L. de Castro - Legal Advisor Spain More... Spanish Legal
"For Example IHT in Spain differs from the UK. After an allowance (typically 15,957 euros) the balance is taxed at rates from 7.65% up to an incredible 34% or more..." David Ivars - Lawyer in Spain - Real Estate building and Town Planning Degree
click here for more detail
"We are increasingly confronted with complicated estate planning cases involving Spanish property. Our clients often require solutions for legally and legitimately mitigating their tax exposure and/ or putting in place special arrangements, to cater for complicated family or beneficial circumstances. In appropriate cases, UK Limited Company Structures have successfully formed a component part of the solution we have provided in achieving our clients' objectives" Andrew Eastwood, Managing Director, Legal4spain
|