Form 210 Valor Catastral

In 2007 my IBI receipt (Estepona, Malaga) showed Valor Catastral, Valor Suelo, Valor Construccion, and Base Liquidable as seperate figures. However both the Valor Catastral and Base Liquidable were identical. In 2008 Valor Catastral has quadrupled and is now three times the Base Liquidable, which has gone up nearly 30%. In both 2007 and 2008 the Base Liquidable is the figure on which the IBI is calculated. However which is the correct figure for entering on form 210? If the gross Valor Carastral has to be used I am sure there will be a lot of people paying considerably more in income tax than the combined wealth and income tax bill was last year!

 You have to take the Base Liquidable for calculating your tax return

Mar Durio
Calle Ancha 30, 2º
E-11201 Algeciras
(t) +34.956.092.687
(f) +34.956.092.697
m.durio@costaluzlawyers.es
www.costaluzlawyers.es

Hi Chris

If your Base Liquidable has gone up nearly 30% then likely all of ours, no matter where we have our properties, will be the same. Can't wait !

I have read a lot about Form 210 and will need to fill one of these in soon, BUT can I play devils advocate and ask what would happen if you made no attempt at the form and ignored it? A large fine???

They will catch up with you eventually.

Plus, when you sell your property, you have to prove all outstanding taxes have been paid.

You will have to pay any back years unpaid at point of sale.

Thanks for that Fibby, I guessed that was the answer!

I have read a lot of your useful comments on this subject and am a little bit wiser on the subject.

Do the tax office check your calculations and contact you if you have underpaid?

I have visited the tax office site but can't seem to find the form to download am I missing the obvious?

Thanks

I would imagine that if you underpay, they will be onto you PDQ!

Overpay? Probobly rub their hands together and not contact you!

Downloading the form is not a problem, I will PM you with details

Just realised, you may not be able to use the PM facility yet.

Visit my website and e-mail me privately

Thanks for that.

I am going over in September to try and sort it out. My property is in San Pedro Del pinatar, hopefully there is a tax office in Torrevieja?

You will need to go to Orihuella (Inland0 there is not one in Torrevieja

Thanks for your help!

 again, Glenn. Click here for the 210 form you'll require.

If you understand Spanish   here are instructions.

Thanks for the form, I can't understand spanish but will have a bash at filling it in. If I remember rightly there has been other threads on this subject with advice about completing the form.

Thanks to all!  

 'If I remember rightly there has been other threads on this subject with advice about completing the form.'

Glenn, just search for '210', it's all in there, somewhere.

I hesitate to take issue with Mar Durio, but surely the Base Imponible for the purposes of imputed income on property for non-residents is 1.1% of the Valor Catastral for those properties revalued since 1994, and 2% otherwise, of which 24% is payable (AEAT 112591 - Tributacion de Inmuebles and Ley 40/1998 Articulo 71).  Surely the Base Liquidable on the IBI is purely for the computation of "rates".  And don't forget the added penalties if tax is not paid on time!

This message was last edited by Norm de Plume on 12/07/2009.

This message was last edited by Norm de Plume on 13/07/2009.

Please see my previous post, the contents of which have been confirmed today by the AEAT in Madrid.

Can anyone tell me how the Valor Catastral is calculated?  Several owners on our resort have just received their IBI bills and the amounts vary, for  instance, we have a first floor apartment and ours is considerably more than someone who has a penthouse, which seems very strange.

 Dear Janejohn,

Valor Catastral is calculated on % of the square meters of the property. Every Town Hall makes is own calculation.

Mar Durio
Calle Ancha 30, 2º
E-11201 Algeciras
(t) +34.956.092.687
(f) +34.956.092.697
m.durio@costaluzlawyers.es
www.costaluzlawyers.es

If Valor Catastral is based on square metreage of the apartment, how can a Town Hall charge amounts varying between 320 and 400 euros per annum on apartments of exactly the same design and size?

Can anyone explain exactly what Valor Catastral and Base Liquidable represent and how these figures are calculated?

I have read that the base imponible is the lower of valor cadastral or 50% of original cost. With the increase in valor cadastral this year this could make a big difference to tax due