5% retentions – refunded quickly?

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    • #51549
      Anonymous
      Participant

      A small survey, if I may. For the vendors who have sold and had 5% of the declared value retained by the authorities against any taxes owed – how long did it take for the authorities to refund your money? Or how long have you been waiting?

      It’s a question vendors usually ask when I tell them about the retention, but as I never see most of those who pay the retention again I never know if or when their money was returned to them.

      Please state which province in Spain!

    • #60833
      Anonymous
      Participant

      I sold one property in CB and bought another on CDS a month later.

      I recieved a refund just over 12 months later

      El gamberro

    • #60839
      Anonymous
      Participant

      In Málaga province is taking 12 months approx.

    • #60845
      Anonymous
      Participant

      Ouch.

    • #60894
      Anonymous
      Participant

      We sold in January 05 – took lawyers a while to get form in to tax office – but here we are in Feb 06 AND STILL waiting for our 11,000€ back – although lawyer has told us we are entitled to 5% interest on our money after 8 months!

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