Building Taxes Payment

morning all,

I've just discovered a payment taken from my Spanish account called "BUILDING TAXES PAYMENT" does anyone know what this payment is please?

thanks,

Stuart 

It is unusual for a Spanish bank statement to post an entry in English, is that a translation of the Spanish?

You can ceretainly contact your bank for an explanation, mine respond very quickly to emails.

What is the amount?

Could it be

Community/Entidad fees

IBI payment to San Javier, have you received an invoice for this tax?

La Renta Tax paid via your accountant/solicitor

 thanks for the reply.

I've just been told it's been taken by the town hall for owning a property in Spain.

Do you know which tax this would be them please?

thanks again,

Stuart

Stuart

This would have been Ibiul-Imp.Bienes Inm. commonly known as I.B.I. levied by local town halls as a local tax for owning a property in their municipality. Local town halls are given licence to raise taxes locally by the Spanish Govt. to pay for local services and facilities, someone has to pay for those magnificent Town Halls

For queries contact sanjavier@recauda.net but be prepared to talk Spanish

It will have been charged from the moment you completed on your property and should be approx Euros 370 per year for a 2 bed apartment but is based on the Valor Catastral roughly equivalent to a Council Tax or local rates valuation for your property, no account has been taken for the fall in property values.

You will have had an invoice sent to your registered address, probably in the UK with the Valor, the amount and instructions how to pay, you must presumably have given your bank instructions or permission to pay on your behalf. If not paid the Town Hall will immediately add a fine and chase you for payments.

This Tax is on top of the contribution you make to the Entidad which covers local services such as bin and road cleaning etc. as well as security and public area maintenance

On the 5th July we made a direct debit payment of 392.64 euros to San Javier Town hall for our I.B.I. tax for 2009.

We set up this direct debit in January 2010 when we went to the Town Hall to pay the I.B.I. tax arrears for 2007 & 2008.  These amounted to approximately 370 euros each.

We have a two bed apartment and we have not received an invoice in the UK for the latest payment.  It may have been sent to our Spanish address.