Sadie Webb Financial Planner

20/08/2026

Important tax update for residents in the Valencian Community 🇪🇸

There have been some significant changes to the Valencian tax rules for 2026, which came into force on 11 August 2026.

One of the key changes is an increase in the Wealth Tax (Impuesto sobre el Patrimonio) allowance from €1 million to €2 million, applicable from 31 December 2026. This could make a significant difference to individuals and families with higher levels of assets.

There are also important changes affecting Inheritance & Gift Tax, particularly around family businesses and who can benefit from the 99% reliefs, as well as changes to the regional income tax rates for Valencian residents.

If you are resident in the Valencian Community, considering becoming resident here, have significant assets, or are reviewing your inheritance and estate planning, these changes could be relevant to you.

📩 If you think you may be affected and would like to understand what these changes could mean for your financial planning, please feel free to message me directly.

This post is for general information only and does not constitute tax advice.

Source: Cuatrecasas – Comunidad Valenciana: Novedades tributarias para 2026 Read the full update

La Ley de Medidas de 2026 presenta modificaciones tributarias de interés

09/07/2026

A few weeks ago, our adviser Nicole Sandler was invited by A Place in the Sun to talk about one of the most commonly misunderstood parts of Spanish residency: the fact that Spain’s 17 Autonomous Communities can apply their own regional tax rules in certain areas.

If you already live in Spain, or you are planning a move, you may know these regions exist. But understanding how the local rules could affect your personal circumstances is a very different matter.

As Nicole explained, financial planning in Spain is rarely one-size-fits-all. What may have been suitable when you first moved may not remain the most appropriate approach if your circumstances change, or if regional rules are updated.

The discussion covered several important points, including:

Local paperwork matters
Some regions, such as Andalucia or Murcia, offer generous inheritance tax reductions for qualifying close family members. However, these reliefs do not simply apply automatically in every case. Correct local documentation, translated paperwork, apostilles where required, and meeting the relevant filing deadlines can all be important.

Castilla-La Mancha deserves context
Although sometimes described as less tax competitive than other regions, it should not be dismissed on that basis alone. For many residents, property value, lifestyle, pace of life and personal priorities may be just as important as the tax position.

Extremadura and regional incentives
Regional rules and incentives can change. Extremadura, for example, has introduced relocation grants under certain programmes to attract digital nomads and remote workers to rural areas.

Murcia’s growing appeal
Murcia is becoming increasingly popular with international residents thanks to its cost of living, UK connectivity and favourable inheritance tax reliefs for qualifying close family members.

The key message? Tax should not completely dictate where you choose to live, but it should be understood before important financial decisions are made.

If you live in Spain, are planning a move, or are considering relocating between regions, Nicole Sandler's full conversation with A Place In The Sun is well worth watching.

You can find the link to the full interview in the comments.