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The News page will keep you up to date on the most recent property-related events. With a fast-moving market, it can be hard to keep up, but here we hope to supply you with all the information you will need.

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24 articles found

Rent tax free for 2 years - developments named

02 Sep 19

The Income Tax Office has confirmed to Chestertons the developments which will benefit from two years of tax free rental income.   In July 2016, shortly after the referendum, the Chief Minister stated in Gibraltar Parliament the day after the budget speech:   …

Contributed by: Mike Nicholls

Tags: Chestertons Gibraltar, Gibraltar tax, Income Tax Gibraltar, Off plan properties Gibraltar

The Implications of the Spain Gibraltar Tax Treaty

09 Mar 19

A new tax treaty between Spain and Gibraltar was entered into on 4th March 2019.  In this article, we examine the likely impact for our clients and the Gibraltar property market in general.The Agreement enters into force on the date of the later of the Parties’ …

Contributed by: Mike Nicholls

Tags: Tax treaty, tax

Tax Compliance Services - Non-Resident Landlords

14 Feb 19

Tax on property in GibraltarEvery non-resident landlord should know what tax is payable in Gibraltar on their Gibraltar property rental income. However, this is not always easy to calculate. In this article we set out the main rules on the tax payable on the rental of …

Contributed by: Mike Nicholls

Tags: Chestertons Gibraltar, Non resident landlords, Gibraltar tax

Gibraltar Budget Summary - July 2018

02 Jul 18

Introduction At the Parliamentary session of 2nd July 2018, the Chief Minister delivered his “Brexit” Budget Speech described as a 4-way balance between caution & optimism, prudence & investment. A focus on investment to drive economic growth and personal …

Contributed by: Mike Nicholls

Tags: Gibraltar tax, Gibraltar budget, Budget summary

Tax free property investment

26 Feb 18

Great news for buyers of off-plan property in Gibraltar. We have had it confirmed from the Income Tax Office that if a property is constructed in the thirty months from 1st July 2016 to 31 Dec 2018 and that property is rented for residential purposes, the owner of that …

Contributed by: Mike Nicholls

Tags: Chestertons Gibraltar, Gibraltar Tax

24 articles found

Displaying 1 - 5 of 24 articles