📞 +34 965 792 946 · +34 607 320 768
📞 +34 965 792 946 · +34 607 320 768
If you are a British national who owns property in Spain or stands to inherit Spanish assets, understanding how inheritance tax works in both countries is essential. This guide compares the inheritance tax systems of Spain and UK, explains potential double taxation issues, and outlines how to minimise your tax liability.
Spanish inheritance tax is regulated at both national and regional level. The Valencian Community (which includes the Costa Blanca) applies a 99% reduction for close relatives (Groups I and II — spouses, children, parents) since the 2023 reform. This applies to EU/EEA residents and non-residents alike.
Key features of Spanish inheritance tax: it is paid by the recipient (not the estate), rates range from 7.65% to 34% nationally before regional reductions, and the filing deadline is 6 months from date of death (extendable to 12 months).
UK’s inheritance tax system has the following key features: the tax-free threshold is £325,000 nil-rate band, and the standard rate is 40% above threshold.
No double taxation treaty for inheritance tax exists between Spain and the UK, but unilateral relief may be available. This means careful planning is required to avoid or minimise double taxation on Spanish assets.
At Tomas Ballestero Lawyers, we specialise in cross-border inheritance matters involving Spain and UK. We handle the full Spanish succession process and coordinate with your advisors in UK to ensure efficient and tax-optimal outcomes.
Call +34 965 792 946 or email info@lawyerssolicitorsjavea.com.
Inheritance Lawyer Spain | Tax Calculator
