Tag Archives: ibi

Tax Office in mass survey to find illegal swimming pools

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The Tax Office (Hacienda) is carrying out a mass survey across the province to detect undeclared property improvements such as swimming pools and extensions. As these things are found, your property value will be automatically updated and your annual IBI will be increased, as well as other taxes based on property worth. The survey, which is also going on in other parts of Spain, will be completed by 2016. Whether they will attempt to count Continue reading Tax Office in mass survey to find illegal swimming pools→

Wealth tax will be abolished next year, but IBI to go up

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Wealth tax will be abolished ahead of the 2015 elections, but IBI (Spanish tax on property) looks likely to go up again to compensate. That will annoy the hundreds of thousands of expat property owners who will see their IBI tax possibly double or triple. The wealth tax is known in Spanish as impuesto del patrimonio and is administered by the regions. It was originally centralised in 2008, but was returned to the regions back Continue reading Wealth tax will be abolished next year, but IBI to go up→