solicitor wants more money plus valia tax ??

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08 Feb 2012 00:00 by lisa.faulds Star rating. 1 posts Send private message

Hi ,i  sold a property 6 months ago , the solicitor witheld 990 euros to pay the  taxes saying he had over estimated and would refund the balance now he informs me i owe another 900 euros for plus valia tax, do i have to pay ??  what happens if  i dont ?  things are really tight at the moment the money from the property sale paid debits back here in the uk, so there is very little left....... any advice will be greatly appriciated.thanks





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08 Feb 2012 20:29 by Roberto Star rating in Torremolinos. 4523 posts Send private message

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Plus Valia must be paid, I think, within 30 days of the sale, so why 6 months to let you know how much it was? Ask for the receipt from the town hall, as presumably (hopefully) he paid this on your behalf way back. Maybe you also had to pay capital gains tax? Ask for a full breakdown (and justification) of the taxes and his fees.



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09 Feb 2012 03:35 by johnzx Star rating in Spain. 5246 posts Send private message

Plus Valia, 
                            is a tax on the increased value of the land upon which the dwelling is built (also applies to apartmentsas I believe a percentage).
 
It is a tax which the seller is legally obliged to pay, but it has been the practice for many years to get the buyer to agree to do so.
 
What can they do in Spain to recover the Debt ?
 
Well, even if the buyer has to pay, they can go to the court in UK and claim against your assets there. 
 
Sorry, do the right thing, pay up.





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09 Feb 2012 10:10 by georgia Star rating in Algorfa (As seen on .... 1835 posts Send private message

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 just as a note of caution....some areas are massively increasing the plus valia tax on sold property.

Torrevieja for example,i had a client recently that had to pay over 7,000€.

This can be checked during the sales process so no suprises arise after the fact.

In these times of austerity it is an easy tax for the ayuntamientos to claw back as their word is final,ask your solicitor to clarify this first if you are selling at the moment.



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