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This topic contains 3 replies, has 4 voices, and was last updated by Profile photo of GarySFBCN GarySFBCN 4 years, 10 months ago.

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  • #56485
    Profile photo of Anonymous
    Anonymous
    Participant

    “Meanwhile there are red faces in the Government as the legislation to reduce IVA VAT to just 4% on property sales in legislation hurried through on New Year’s Eve, forgot to be applied only to the usual residential home. As it stands the legislation means all property sales will be at the lower IVA rate “

    Does it surprise any one on the forum??? I can bet that the Hacienda will not accept responsibilty and demand the full rate !!!!!!!!!!

  • #107503
    Profile photo of Chopera
    Chopera
    Participant

    I’m confused – I thought the 4% reduced tax incentive on new builds expired on new year’s eve and that we were now back to 8%

  • #107505
    Profile photo of Fuengi (Andrew)
    Fuengi (Andrew)
    Participant

    @chopera wrote:

    I’m confused – I thought the 4% reduced tax incentive on new builds expired on new year’s eve and that we were now back to 8%

    it did. PP have extended it for this year

  • #107509
    Profile photo of GarySFBCN
    GarySFBCN
    Participant

    “Meanwhile there are red faces in the Government as the legislation to reduce IVA VAT to just 4% on property sales in legislation hurried through on New Year’s Eve, forgot to be applied only to the usual residential home. As it stands the legislation means all property sales will be at the lower IVA rate “

    Why I have no faith in PP. They will continue to enrich their pals, at the expense of everyone. Oh yeah, this is no mistake.

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