Reply To: Property Tax

#65130
Anonymous
Participant

@vbtudor wrote:

They have recently and very unusually had a revaluation of the Cadastral value and have basically been visiting lots of local towns and re evaluating the values. This is part of a drive by either Central Government or prbably the Valencian Autonomy, to raise more money as they are going to lose 90% of their grants this year – they have to get ti somehow and just liek in th eUK it is going to be the property owner who collars it.

– so I expect my IBI bill will rise – but I am sure it wont be on a par with UK.

Good luck

Vince

We have recently had all our Cadastral values recalculated, and my IBI for next year has been halved!