Author:
Miriam Sánchez González
It is time to make decisions about next year’s IBI.
If you are the owner of a property, we remind you of some procedures that you can carry out before the end of the year and that will affect next year’s IBI.
It is the moment to verify if any of the bonuses foreseen in the regulations are applicable to you and thus save money.
What tax credits can I apply to the IBI?
The IBI is a tax of municipal management so it is important to review the tax ordinances of your municipality and thus verify if any deduction on the Real Estate Tax (IBI) is applicable to you.
Remember that all these allowances must be expressly requested by the owner of the property.
Let us see the most important ones:
- There are some bonuses that are mandatory, i.e., that all municipalities must apply. For example:
- Real estate developers may apply, before starting construction, for a bonus of between 50% and 90% for the duration of the works (this period may not exceed three years).
- Owners of subsidized housing may apply for a rebate of up to 50% during the three years following its classification as such.
- On the other hand, there are other bonuses of a facultative nature, which the municipalities may establish if they so agree. For example:
- There are municipalities that establish bonuses of up to 90% if you are part of a large family.
- If your building has systems for the thermal or electrical use of solar energy, check if the municipality has established a rebate, as in some cases it can be as high as 50%.
- Finally, if you are going to install a charging point for electric vehicles in your property, there are municipalities that can set a bonus of up to 50%.
In many municipalities the application for bonuses for a specific year must be made no later than December 31 of the previous year. Do not miss the opportunity to save money and if this is your case, submit your request before the end of 2024.
Can I request the division of the IBI bill?
It is well known by all, that in case of co-owners the IBI receipt by default is only issued in the name of one of them. This does not cause any problem as long as the relationship with the other co-owners is good. However, in some circumstances (separated marriage, heirs who receive properties in common and have disputes…), this can be a source of conflict when it comes to sharing the cost.
The town halls are aware of this situation, so it is possible to request the division of the bill so that each owner will receive a bill for his or her part of the property.
For the application I need to provide:
- The application must include the personal data and address of all the owners, as well as their ownership percentages.
- A copy of the acquisition deed evidencing such percentages must be attached.
Notwithstanding the above, it should be noted that all those obliged to pay IBI are jointly and severally liable to the Administration, so that if a co-owner does not pay his share, the municipality may claim it from any of the other owners.
¿Do you need help? Here in Cigarrán Abogados we can help you (+34) 91.355.85.15
