Who do i have to pay tax to if i rent out a property to someone in spain but exchange cash in the uk?
UK tax authorities, but you probably neeed to consult with an accountant to make sure that you are claiming all the expenses you can and don't overpay the taxProbably best if you check out www.hmrc.gov.uk for the best answer for that, or give them a call!
Depends on your domilicity, residence etc etc, local Revenue will point you in the right direction and if your property is in spain you may need to notify tax office there but with double taxation agreements between UK and spain you would only pay tax once.
well keep quite about it if where you. the money is earned in Spain not UK. Best thing to do Is Open an account with Santendar Bank, and deposit the money here in England with Abbey National. Santendar owns Abbey.
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