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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%.
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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%.
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 |
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 |
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.
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! |
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 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." |
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! |
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.
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