Municipality's tax advisors and promoters involved in building a talk in which all keys were given to those who intend to purchase a home do so before the VAT hike announced by the Government of the Nation will take place on 1 July.
Participated in the roundtable Councillor for Housing, Daniel Aroca, Councillor for Economic Development, Jose Antonio Valverde Reina, Andres Valenzuela, of the Advisory Agesta, Fernando Méndez of the Association of Employers of the Construction of Guadalentín (AEMC), Alejandro Zamora , secretary general of the Association of Promoters of the Region of Murcia, José Antonio Macanás, the Advisory Macanás and Bartolomé Martínez Campos, the Advisory García.
The experts reported on tax credits that change to the tax reform promoted by the central government, as that those with incomes over 24,107 euros to buy an apartment in 2011 no longer have the income tax deduction.
Among other things, explained that the deduction to deduct the tax declaration in 15 percent of what you pay each year towards the mortgage to the top of 9,040 euros, although this deduction will decrease from 2011 as income rises from the 17,707 euros to 24,107 euros (gross revenues).
In this sense, the developers estimate that the maximum deduction per year reaches 1,350 euros, which would be left to save 33,750 euros on an average loan to 25 years.
The new building housing (including public and private protection) will be taxed 8 percent, meaning that on average 2,000 euros more expensive, according to estimates by the Promoters and Builders Association of Spain (APCE).
While the effect of having relief is given throughout the life of the mortgage, the term VAT occur when you perform the operation.
For this reason is not indifferent to save those 2,000 euros for a buyer with an average financial situation, bearing in mind that the tax is paid at the time of increased expenditure of the transaction, when you need to provide a substantial portion of the price floor and pay around 10 percent of management fees (VAT, notary fees, the registration of property, etc.)..
The roundtable, organized by the Department of Youth and Housing, will be issued from this afternoon by local television for all those who intend to purchase a home can learn more in depth this issue.
