As some of you may have noticed if you pay your “Impuestos Sobre Bienes Inmuebles” (local authority rates) through your bank they are no longer giving the full details on the bank slips as they did before the arrival of SEPA bank payment rules.
If you have presented a modelo 210 previously you will know that the amount you pay is calculated using the “Valor Catastral” (Rateable Value) of your property in Spain and this is no longer shown on the receipt itself. The information now has to be found on line.
For IBI payments made from 1st January 2018 you will need to access This Link and have available the 14 character CSV (Código Seguro de Verificación) code which will appear on your bank receipt (usually by clicking on that item on your statement if you bank online) as well as the bill payer’s NIE number.
Pictured left is an example of what the CSV code looks like on your bank receipt and below is a shot of the screen found at This Link
Once you have clicked “verificar documento” you will be directed to a new screen
you will be directed to a new screen
If you have managed to get this far you will see that, inconveniently, the “año de revisión” (Revision year) is no longer included in the information given above. To find this you have to go to another web link HERE (search by province and municipality).
If your local authority does not use Consorcio (such as Adeje) then it may be helpful to make a trip to your town hall to ask for a printout if you are visiting any time after June, or you can use the on line system if you have a previous bill to hand https://ovt.tributoslocales.es/ovt/EXP1/380015/AADEJE/noauth/cargos (for Adeje only) you can also email firstname.lastname@example.org attaching a scan of the bill payer’s NIE and passport and asking for “información acerca del valor catastral de la propiedad con referencia catastral 123456CS1234Y1236BC” you will find this number on an old IBI bill or on your deeds. The receipt from the Adeje system will tell you the year when the rateable value of your property was last revised.
Obtaining the correct “Valor Catastral” and the “Año de revisión” are critical because from the tax year 2015 and then onwards the percentage coefficient used to calculate “Deemed (Rental) Income” is higher if your rateable value has not been revised within the previous 10 years.
So the tax rate is only 1.1% if within 10 years of taxable date, otherwise it is 2%.
Tax payable on the “Deemed (Rental) Income” is:
- Contributors who are fiscally resident in the EU, Iceland and Norway: 19%
- Rest of contributors 24% (UK fiscal residents fall into this category from 2021 onwards)
If you are unable to speak Spanish we offer an interpreting service to help you to self-assess these Deemed income tax returns at 65 euros per property per year as long as the property is owned by between 1and 3 people, as a return is required for each owner of the property. If you let out for gain (see here) please contact us to ask for detailed information.