Re: Modelo 720: Nil return?
 

Has the cadastral value been updated? That's about the only way it can have changed - oh, and they might have changed the percentages you have to pay but that would be national news and I haven't heard anything.

Re: Modelo 720: Nil return?
 

I would get that checked out. Did you complete it yourself online? It is easy enough to do yourself. If someone else has done it for you it may be their charges that have increased.

Re: Modelo 720: Nil return?
 

Good point, is it that the TAX has increased or the amount you pay in total for someone else to do it for you?

Re: Modelo 720: Nil return?
 

It's the tax.

Re: Modelo 720: Nil return?
 

I do not do my own tax return in the UK let alone Spain. Life's to short!

Re: Modelo 720: Nil return?
 

I believe it did go up slightly in 2012 but mine increased about 6 Euro I believe next year it is due to go down slightly due to % used to calculate. Over 8 years 6 Euro is only change I have had.

I accept that tax can be difficult but believe me the online modelo 210 from this official site is both easy and straightforward. https://www2.agenciatributaria.gob.es/es13/h/ie32100b.html?idi=en
I use it because the first year of ownership our solicitor contacted us to submit the 210. I had already calculated it so knew what the tax would be, solicitor quoted a figure of 310 Eeuros the tax I calculated to be just under 60 Euros! As a precaution the following year I used this company who were excellent and calculated exactly the same amount as myself.
http://spanishtaxforms.co.uk

However as I say I now do it myself online it takes me around 20 mins and I just pay it when over.

Re: Modelo 720: Nil return?
 

You're probably right I should do it myself (perhaps next year). I'm just lazy and leave to my Lawyer. I know I could get it done cheaper but see it as a retainer and did receive some free advice from him on another matter.

Having looked at the form the Renta inmobiliaria (210 I) increased from e99.03 to e294.36. Both years were charged at 24.75% with both of us having to pay that amount each.
Do you know how the Renta sum is calculated? I am intrigued that something like this can triple in a year.

Re: Modelo 720: Nil return?
 

This explains the method of calculating tax due

The calculations use the rateable value (or valor catastral) as the base figure for the calculation. The percentage then to be applied is of 24% (24.75% in 2013) of a 2% of the rateable value (or 1.1% if this value was updated after 1994). In cases where the rateable value is not known, you can use half the purchase price as the base value for the calculations. In this case, the coefficient applied will be 1.1%

if confusing this is how I do it:

valor catastral is 22,000 euro so 1.1% of that = 242 and 24% of 242 = 58.08 euros to pay in tax (divided by number of owners if applicable).
not my exact figures but off the top of my head

Re: Modelo 720: Nil return?
 

I wonder if rather than using the valor catastral which depending on your property can be very low especially village houses which ours is. Your solicitor has started using the calculation of purchase price which of course may be much higher than valor catastral. Only other thing that could have changed would be the valor catastral has been updated? but it does seem quite a significant rise.

Re: Modelo 720: Nil return?
 

The valor Catastral is on your IBI BILL so is easy to find.

Re: Modelo 720: Nil return?
 

see post #16 - we seem to be rehashing old ideas.

If he has started calculating it differently, then a simple call will find out.

Re: Modelo 720: Nil return?
 

Yes agreed but it certainly seems to be a substantial increase

Re: Modelo 720: Nil return?
 

As bobd22 alluded to, isn't the notional rent calculation based on THE GREATER OF:

the price declared on the Escritura, or

the Valor Catastral, or

the value deemed by the tax office if the Escritura price is not accepted?

That could be why there has been an increase

Re: Modelo 720: Nil return?
 

NO the only debate is when the last Catastral update occurred.

Re: Modelo 720: Nil return?
 

Thanks for clarifying the situation, EsuriJohn. Think I need another solicitor