PENSION CASH GRAB PROBE

British resident fingers Spain over double taxation agreement

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A retired British resident on the Costa Blanca is collating information over the practice, with a view to taking legal action against the alleged cash grab

 

By Dave Jones

The Spanish Tax Office stands accused of flouting the Double Taxation Convention with the UK, which became law in 2014. The situation is allegedly affecting special pensions awarded for services rendered to either the British state or local authorities.

The tax man in Spain is allegedly trying to grab additional cash from these pensions, cocking a snoop at the tax agreement which was designed to avoid taxation by both states on the same income.

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