The purchase of a house as an investment is the second most important reason for buying, only behind the need to live in a larger property. Housing offers a yield of 10%, a much higher percentage than 10-year government bonds (2.6%) and deposits (0.4%), according to the Bank of Spain. The purchase of housing as […]
Since January 1st, the new reference value of the Cadastre is the taxable base for taxes as important as the Transfer Tax (ITP), Stamp Duty (AJD) or Inheritance and Gift Tax (ISyD). In other words, it is the key to determine how much tax has to be paid for the purchase, inheritance or donation of […]
As a consequence of the continuous rise in inflation due to the Ukrainian-Russian war conflict, Pedro Sánchez has confirmed the arrival of new measures that will be in force until December 31. This new package has a cost of 9 billion, which together with the current measures will total 15 billion. With this package, the […]
According to the CJEU, it is now possible to request the return of all the months paid in excess for abusive instalments (where minimum instalments are included) and from the beginning, i.e. without any time limit. Also this Tuesday, the Court of Justice of the European Union ruled on the possibility of requesting the return […]
The “new” municipal plusvalia tax approved by Royal Decree Law could be declared unconstitutional. In fact, the Constitutional Court has admitted the appeals of the PP and Vox for considering, among other things, that the use of the decree law formula is illegal because the reasons of “extraordinary and urgent necessity” established by the Constitution […]
The new Cadastre reference value, which came into force at the beginning of the year, is the taxable base for taxes as important as the ITP, which is paid when buying a used house, or the Inheritance and Gift Tax (ISyD). It also affects Wealth Tax, Personal Income Tax and Capital Gains Tax. How does […]
The Communities of Irrigators and Users Fuente del Badén will not be able to continue providing service to the properties from January 1st, when they will have to contract the service with Aguas de Narixa. In full drought, with the reservoir of La Viñuela at 17% of its capacity, with only 28.2 cubic hectometers stored, […]
The Constitutional Court has declared the capital gains tax unconstitutional, which means that it has been annulled and will no longer be levied by local councils. This is the third ruling that the high court has handed down against this controversial tax on the increase in the value of urban land (IIVTNU), a tax that […]
PSOE and United Podemos have reached an agreement to approve the draft General State Budget (PGE) for 2022, thanks to the fact that the PSOE has accepted a pact on the Housing Law, which aims to include tax incentives for small landlords to maintain rents, limits on the rents of large landlords, a surcharge on […]
From today, Friday, 3rd September 2021, Article 28 of the Mortgage Law, by which the non-forced heirs (siblings, cousins, nephews, …) could not sell the properties without waiting two years, in case another heir appeared, which has always been considered very unfair, due to the costs that inheritances already have. On 3 June 2021, Law […]
