SPANISH VAT REDUCTION ON NEW HOME PURCHASE IN SPAIN

The Spanish Royal Decree – Law number 9/2011 (Real Decreto-ley RDL 9/2011) was approved on 19-08-2011. This Decree-Law includes in its FOURTH TEMPORARY PROVISION a modification in the VAT TAX (Impuesto Valor Añadido – IVA) in relation to new-home purchase. We wish to draw attention to this matter as it is of great importance, since […]

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Are the fines and penalties imposed by a community of owners legal? Can the community make additional charges on owners who pay late or do not pay their due fees?

Dear Sirs, It was agreed in my Community that those neighbours who paid late or did not pay their fees would have a 15% penalty for late payment. I did not vote for this agreement. In addition and due to the poor estate of the community and also due to differences between myself and the […]

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