Friday, 5 March 2010

Spanish Capital Gains Tax Rebate may be possible on sales between 1997 & 2006

Spanish Capital Gains Tax Rebate may be possible on sales between 1997 & 2006

If you sold a property in Spain in the period between 1997 - 2006 a recent ruling may be a significant benefit to you.

You may be entitled to a Spanish Capital Gains Tax Rebate
                                    - BUT -
claims must be registered within 12 months of the ruling.

Between 1997 and the end of 2006 a UK citizen selling a Spanish property paid 35% CGT (Capital Gains Tax), but Spanish nationals paid only 15%!

The ECJ ruling confirmed legal arguments and states this overpayment contravenes European Community Treaty discrimination rules and confirm it should not have been charged by the Spanish Tax Authorities.

Therefore, you may be entitled to reclaim this overpayment, plus approx 6% interest annually from the moment you present your claim, subject to you meeting the requirements.

There is an estimated 90,000 people who could make a claim.

Make sure you don’t miss out;
claims must be registered within 12 months of the ruling!

BUT: Although time is of the essence, it is critical to make the claim in the right way;
"any cases that are rejected for whatever reason, cannot file the reclaim again".

Read more:
    Daily Mail - Britons could reap Costa tax rebate
    The Times - Britons owed millions in compensation for discriminatory Spanish tax law
    The Daily Telegraph - British couples living in Spain
    The Independent - Britons win fight for fair tax after Spain charges them more than more than double
    Intasure - Spanish Capital Gains Tax Rebate

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Friday, 19 February 2010

Cala Mondrago nature reserve benefits from tree project

Mondrago Nature Reserve to benefit from tree planting project

The Mondrago Mallorca National Park is to benefit from a joint project between the Environment and Transport Minister (Gabriel Vicens) and Guillem Aulet (the head of private banking group La Caixa), to finance planting of trees on five separate tracts of land.

The plan is to plant about 600 trees, including almond, carob and fig, on public land in the Mondragó nature reserve as part of a scheme to recover the park’s agricultural heritage.

The scheme is just one of many organised by the joint venture to improve and conserve natural areas of the Balearic Islands, the planting work is to be carried out by long-term unemployed.

News and Information brought to you by:
      Casa Flores - Cala d'Or Holiday Apartments and Villas

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Make the most of your holiday - With HOLIDAY WHAT´S ON

What's On - Events & Attractions on Mallorca

A great service offered by Majorca Daily Bulletin:
a free service for holiday makers and people planning to holiday on the island of Mallorca to provide details of events on & around Mallorca / Majorca that are planned or scheduled for the dates you request.

Extract from  their webpage:-
   Are you planning to come on holiday to Majorca this year?
   Let us at the Bulletin help you get the most from your holiday.
   Just send us the dates of your holiday and we will email you all the
   events which are taking place during that period; from markets to
   concerts andtraditional fairs Majorca has plenty happening and now
   you will be able to get advance notice.
  The Holiday What´s On is an exclusive service to Bulletin online readers.
  Click here for the => Holiday Mallorca - What's On Pages.

Simply send an eMail with your holiday dates to:

Information and holiday planning help & links provided by:
Casa Flores in Cala Egos, near Cala d'Or, Mallorca.
Find Casa Flores and
        Cala d'Or Holidays in Mallorca on Facebook

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