British Expats

British Expats (https://britishexpats.com/forum/)
-   Spain (https://britishexpats.com/forum/spain-75/)
-   -   Modelo 720: Nil return? (https://britishexpats.com/forum/spain-75/modelo-720-nil-return-870270/)

bobd22 Jan 29th 2016 5:43 am

Re: Modelo 720: Nil return?
 
Having discussed the non resident tax issue i decided to complete my 2015 return to pay when over next ( I know not due until Dec but just to get it out of the way ). Having completed the form I have one issue. Last year the rate was 24.75% I believe this was being reduced for 2015 the form puts in 20% but when you come to print it out it shows an error. Does anyone know what rate i should enter in order to get the system to accept it? Has it reduced or is it still 24.75%.

CapnBilly Jan 29th 2016 6:08 am

Re: Modelo 720: Nil return?
 

Originally Posted by bobd22 (Post 11853038)
Having discussed the non resident tax issue i decided to complete my 2015 return to pay when over next ( I know not due until Dec but just to get it out of the way ). Having completed the form I have one issue. Last year the rate was 24.75% I believe this was being reduced for 2015 the form puts in 20% but when you come to print it out it shows an error. Does anyone know what rate i should enter in order to get the system to accept it? Has it reduced or is it still 24.75%.

The rates of tax for 2015 were 20% upto 11th July 2015 and 19.5% from the 12th, so the rate is around 19.76%.

In addition, the multiplier of the cadastral value is now based on the previous 10 years. So, if your cadastral value has been revised in the last 10 years, it's 1.1%, otherwise it's 2%. So anyone who cadastral value has not been revised since 2004 (so 10 years after the previous date) will now be paying 0.9% more

bobd22 Jan 29th 2016 6:18 am

Re: Modelo 720: Nil return?
 

Originally Posted by CapnBilly (Post 11853055)
The rates of tax for 2015 were 20% upto 11th July 2015 and 19.5% from the 12th, so the rate is around 19.76%.

In addition, the multiplier of the cadastral value is now based on the previous 10 years. So, if your cadastral value has been revised in the last 10 years, it's 1.1%, otherwise it's 2%. So anyone who cadastral value has not been revised since 2004 (so 10 years after the previous date) will now be paying 0.9% more

Thanks for that . I was aware of the cadastral valuation change to 10 years rather than 1994, luckily ours was done in 2007.

johnnyone Jan 29th 2016 8:40 am

Re: Modelo 720: Nil return?
 

Originally Posted by bobd22 (Post 11853067)
Thanks for that . I was aware of the cadastral valuation change to 10 years rather than 1994, luckily ours was done in 2007.

According to the Oliva town web site the cadastral was revised in 2014. I pay my IBI via DD and the only receipt I get is from the bank and I threw that away. I know my cadastral reference. Is it possible to get to the value from that reference via the SEDE(?) website as I tried and failed.
I still find it hard to believe the value has tripled just because of a revaluation. It's not the amount that bothers me, I just wish to know it's correct.
I have emailed my lawyer but am not expecting an answer anytime soon!

CapnBilly Jan 29th 2016 9:26 am

Re: Modelo 720: Nil return?
 

Originally Posted by johnnyone (Post 11853232)
According to the Oliva town web site the cadastral was revised in 2014. I pay my IBI via DD and the only receipt I get is from the bank and I threw that away. I know my cadastral reference. Is it possible to get to the value from that reference via the SEDE(?) website as I tried and failed.
I still find it hard to believe the value has tripled just because of a revaluation. It's not the amount that bothers me, I just wish to know it's correct.
I have emailed my lawyer but am not expecting an answer anytime soon!

You can only acces the data at the Catastro with a digital certificate.

You should have received a detailed explanation of the change before it was implemented, as theoretically you can challenge the revised rating. It is possible to calculate your cadastral value from your IBI payment, as all the information is available on the ayuntamiento website.

The only other point I would make is that in respect of IBI, but not imputed income, then normally the change is phased in over an 8 year period. This means that your cadastral value for IBI increases each year by about 12% plus the annual increase, until it reaches the revised value.

On the Oliva website it's clear that the rustica values tripled. The rates for 2016 remain the same at 0.86% (urban) and 0.55% (rustica)

"In 2014, with the entry into force of the new communication of cadastral values, the value (= tax base) of the properties rustic nature tripled as a result of legislative changes incorporated in the register of rustic scattered all (= sorting out buildings) previously taxed as urban."

bobd22 Jan 29th 2016 9:14 pm

Re: Modelo 720: Nil return?
 

Originally Posted by johnnyone (Post 11853232)
According to the Oliva town web site the cadastral was revised in 2014. I pay my IBI via DD and the only receipt I get is from the bank and I threw that away. I know my cadastral reference. Is it possible to get to the value from that reference via the SEDE(?) website as I tried and failed.
I still find it hard to believe the value has tripled just because of a revaluation. It's not the amount that bothers me, I just wish to know it's correct.
I have emailed my lawyer but am not expecting an answer anytime soon!

I too psy my IBI by direct debit but I still get the IBI bill which contains all the information including cadastral valuation and revision date. It may be that your actual bill is going to your solicitor who is not passing it on? There is an office where you can get a copy of the IBI bill, I used this as when we first bought the house there was confusion and it turned out our bill was for the wrong house. By attending this office I got it sorted out. I can't remember off the top of my head the office name but I will look it up and let you know. My payment for 2015 is actually 12 Euros less due to the change in the tax rate. The online form will only proceed when you enter the correct rate which for 2015 is 19.5%.

bobd22 Jan 29th 2016 9:31 pm

Re: Modelo 720: Nil return?
 
The office I went to was called Patronato De Recaudacion Provincial. They were very helpful and printed off a copy of the IBI bill there and then.


All times are GMT -12. The time now is 7:55 pm.

Powered by vBulletin: ©2000 - 2026, Jelsoft Enterprises Ltd.
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.