03 September 2010:We have just received and paid our IBI, and have noticed that our Valor Catastral has increased to nearly three times the value we had on purchasing the property in 2007.
I haven't yet mastered the online payment of La Renta (easily find the instructions etc but can't actually find the links to register lol) so am hoping to submit this (for year end 2009) to the office when we come to Spain in October.
Can anyone advise if the calculation has changed this year for the Renta, or if it is still 1.1% of the VC plus the 24%?
Also, does anyone know how much we could expect the VC to rise to next year or in future years as this is quite an increase and we are concerned it may become too much for us to pay in future years.
Many thanks
Kaz
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