property transfer tax percentage? 7% or 9%?

Post reply   Start new thread
:: New - Old :: Old - New

Pages: 1 |

Forum home :: Latest threads :: Search forums
The Comments
06 May 2010 12:00 AM by chicadeb Star rating. 32 posts Send private message

Hi,

Someone has told me that from 1st July or 1st August this year (not sure which month is starts) the property transfer tax goes up from 7 to 9%?  Is this correct and also is this for both 2nd hand and new properties?

Many thanks





Like 0      
07 May 2010 9:31 AM by guslopez Star rating in Lorca, Murcia.. 744 posts Send private message

No as far as I know it goes up to 8% fom the 1st of July & iva to 18%. Yes it's for both new & 2nd hand.



_______________________

Todos somos Lorca.




Like 0      
07 May 2010 10:29 AM by Faro Star rating in London. 1139 posts Send private message

Guslopez - I have been confused here for some time also but this is what I believe the situation to be but I'm not 100% sure. It's a bit like a pubic holiday you never know until the day whether offices are open or not!

I came across decreto-ley 1/2010 de 9 de marzo and if I understand that correctly then from that date transfer tax on properties in excess of EUR400k and garages in excess of EUR30k is at 8% and that's now.

Other tax changes say that from 1st July IVA (VAT) will increase to 8% across the board but this does not refer to transfer tax which would still remain at 7% for properties below EUR400k.

All this refers to Andalucia - I don't pay any attention to what happens elsewhere.

 

 

 





Like 0      
07 May 2010 10:48 AM by Faro Star rating in London. 1139 posts Send private message

the 8% applies only on the amount in excess of EUR400k/EUR30k as appropriate.

ie por la parte que exceda de 400.000EUR





Like 0      

Pages: 1 |

Post reply    Start new thread


Previous Threads

Easyjet - Flights released to March 2011 - 5 posts
The Banks Cash Point Scam - 12 posts
Any information on care work in Altea? - 0 posts
freeholder going bankrupt - 0 posts
Member of staff stole deposit and agent will not pay back - 5 posts
Car storage near Murcia Airport - 0 posts
Did any thing nice happen in 1998? - 2 posts
Find History of House - 6 posts
mains water estepona - 0 posts
Health & Safety certificate - 1 posts
Car rental , Alicante Airport - 17 posts
white sky viewing card skynet? - 12 posts
Banks! Not at all user friendly - 8 posts
need help from a spanish citizen - 6 posts
Hague Apostile in the UK - Information for other would be users - 1 posts
Transfer of property in divorce settlements - 9 posts
town hall daya nueva website address - 2 posts
looking for a one month rental in Fuengirola - 1 posts
room wonted - 2 posts
replating my uk registered Vespa PX200 - 2 posts
Help in getting from Gibraltar to Duquesa end of the month by bus - 0 posts
Any way to keep english no. plate? - 4 posts
Help please????? - 1 posts
Looking for the RIGHT PLACE in Spain - 0 posts
Wanted bike for 6yr old boy. - 12 posts

Number of posts in this thread: 4

DISCLAIMER:  All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Spain, its servants or agents.


1 |
Our Weekly Email Digest
Name:
Email:


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x