Small Victory for UK Homeowners in Spain
March 9, 2009 | Leave a Comment
A court decision in Spain has opened the way for thousands of UK citizens to reclaim some of the tax they paid when they sold their homes there.
The High Court in the region of Valencia has ruled in favour of a British couple, Mr and Mrs Roy.
It told the Spanish tax authorities to repay them for being charged a capital gains tax levied at 35% instead of 15%.
A spokesman for the Roys’ law firm said it was gathering similar cases, with an average claim worth £14,100.
“This discriminatory law was in force for many years,” said Emilio Alvarez of Valencian law firm Costa, Alvarez, Manglano.
“It will have affected thousands of people,” he added.
