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 […]
Regulatory changes to legalise and constitutionalise the municipal capital gains tax came into effect on 10 November. The rule is not retroactive, so more taxpayers than the government expects are exempt from paying the tax. Now, the Directorate General of Taxes, part of the Ministry of Finance, has clarified the circumstances in which taxpayers must […]
The Real Estate Cadastre is the administrative register of the Ministry of Finance and Public Function in which rustic, urban and special characteristics real estate is described. It is regulated by the Texto Refundido de la Ley del Catastro Inmobiliario. Unlike the Land Registry, registration is compulsory and free of charge. This description of the […]
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 […]
Amortising the installation of solar panels is now a reality, the use of this renewable energy is no longer an exorbitant expense. The initial investment is now easier to recover. 1. Why are solar panels profitable? Solar panels are also cost-effective for single-family homes and condominiums. There are two reasons for this. On the one […]
Green electricity allows more ecosystem-conscious consumers to use electricity obtained from natural resources. What do we mean by green electricity? Green energy, also known as renewable energy or clean energy, is energy produced from 100% renewable sources. It is generated and fed into the electricity grid, where it is difficult to distinguish it from non-renewable […]
f you have home insurance for your home, you will be financially protected from certain problems and claims that may occur at home. However, there are many security systems that can prevent certain accidents in the home. Deciding which one is most effective or suitable for your situation or your family can even be complicated. […]
Both propane and butane gas have many characteristics. However, their use and organisation distinguishes the two modes of energy installation in living spaces. In this sense, it is important to compare their cost and effectiveness in the home, so that in addition to ensuring energy efficiency, the system can also be adapted to the needs […]
Mortgage loans are not the only major expense involved in buying a home. In fact, in order to formalise the deal and become the owner of the property, there are many expenses and taxes to be faced. Between the valuation of the house, the notary, the registry and the corresponding taxes (VAT, ITP…), depending on […]
Compared to previous years, the price of electricity in 2021 will change, so its cost will be slightly revised. These new versions were scheduled to be launched in November 2020, but due to the crisis caused by the coronavirus, they will be postponed until 1 April this year. This new electricity bill will not have […]
