Modelo 720 and SIPP

Information and questions about the Law in Spain and Andalucia.
Colmenar1
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Joined: Thu Feb 11, 2021 4:32 pm
Location: Colmenar

Modelo 720 and SIPP

Postby Colmenar1 » Thu Mar 04, 2021 9:48 am

Hi folks, just wondering if anyone else has declared a new SIPP on their modelo 720. Last year I transferred my private pension into a SIPP in order to start draw-down. I believe this means that I now have to declare the SIPP on the modelo 720 as I can now access the funds.
I’m fine with most of the declaration of the new account but I have 2 questions:
Under “clave tipo de bien o derecho” I have chosen ‘S’ “seguros de vida”
Then under “Sub-clave de bien o derecho” I have chosen ‘2’ “rentas temporales o vitalicias generadas”
Can anyone who has knowledge of declaring a new SIPP or has gone through the process advise if this is correct? Many thanks!

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