Questions about Modelo 720 and tax residency
I moved to Spain in August last year and have a contract as an English teacher until this summer.
My asset circumstances in the UK mean that I have to fill out Modelo 720, but I understand this is only if I'm tax resident here.
I read online that you have to be in Spain for over 183 days of the calendar year to be tax resident (which I haven't), but as I have a job and the little green NIE card and everything I wondered if this makes me tax resident, and thus requires me to submit Modelo 720.
I'm panicking like mad as the penalties for non submission are huge, and I have no idea what to do from here on.
If anyone can shed any light on this, and/or where I can go to get help, please let me know.