Join Talk Quesada
Welcome to Talk Quesada! My name's Alex and this is my website all about Ciudad Quesada in Spain. Talk Quesada is free to sign up and use so register below!
Recent posts re. +300% Renta
Recent posts re. +300% Renta
by VMW » Thu May 19, 2022 9:50 am
Good morning, any further news on reason for 300% increase ?
Also, what exchange rate being used ? This seems to vary from person to person which confuses me.
T.I.A.
Also, what exchange rate being used ? This seems to vary from person to person which confuses me.
T.I.A.
- VMW
- Posts: 117
- Joined: Sat Oct 17, 2015 11:40 am
- Which part of Spain are you from?: ALMORADI
- Gender: Male
Re: Recent posts re. +300% Renta
by Chrisdee » Thu May 19, 2022 9:54 am
It can vary as the increase could put one person into the next tax bracket but not the other
VMW wrote:Good morning, any further news on reason for 300% increase ?
Also, what exchange rate being used ? This seems to vary from person to person which confuses me.
T.I.A.
-
Chrisdee - Posts: 12213
- Joined: Sun Jul 31, 2016 12:36 pm
- Which part of Spain are you from?: Torrevieja
- Gender: Female
Re: Recent posts re. +300% Renta
by VMW » Thu May 19, 2022 2:21 pm
Thanks for response but I hear people have used different exchange rate and that can't be right.
I normally estimate my tax and am accurate within few euros but can't believe people can use different exchange rate.
I normally estimate my tax and am accurate within few euros but can't believe people can use different exchange rate.
- VMW
- Posts: 117
- Joined: Sat Oct 17, 2015 11:40 am
- Which part of Spain are you from?: ALMORADI
- Gender: Male
Re: Recent posts re. +300% Renta
by Toonlass » Fri May 20, 2022 1:28 pm
My gestor told me the rate is dictated by the government on 1/1 each year!
- Toonlass
- Posts: 202
- Joined: Fri Jun 26, 2020 10:24 am
- Which part of Spain are you from?: Quesada
- Gender: Female
Re: Recent posts re. +300% Renta
by VMW » Fri May 20, 2022 1:49 pm
Thanks Toonlass, that's my understanding too but some people seem to have used a different rate and I wondered if they'd changed their system or Gestor explaining the massive increase mentioned.
- VMW
- Posts: 117
- Joined: Sat Oct 17, 2015 11:40 am
- Which part of Spain are you from?: ALMORADI
- Gender: Male
Re: Recent posts re. +300% Renta
by MichaelC » Fri May 20, 2022 2:42 pm
The Spanish Tax Office via the Government seys the rate of exchange for tax matters each year.
- MichaelC
- Posts: 903
- Joined: Mon Jul 27, 2020 9:29 am
- Which part of Spain are you from?: QUESADA
- Gender: Male
Re: Recent posts re. +300% Renta
by VMW » Fri May 20, 2022 4:14 pm
Cheers, but some people seem to use a, considerably, different xrate.
- VMW
- Posts: 117
- Joined: Sat Oct 17, 2015 11:40 am
- Which part of Spain are you from?: ALMORADI
- Gender: Male
Re: Recent posts re. +300% Renta
by marcliff » Fri May 20, 2022 4:44 pm
The Citizens Advice Bureau Spain publishes the official rates to be used sometime in May each year.
Reference Rate is the rate used for the year and, on 31/12/2021 it was 1.19007 with and average in the year of 1.16333
For the previous year on 31/12/2020 the reference rate was 1.11230 and the average rate was 1.1239.
The figures used for income tax and Modelo 720 this year was 1.19007.
These figures are provided by the Bank of Spain
You can check the annual rates to be used on this site CAB Exchange
Reference Rate is the rate used for the year and, on 31/12/2021 it was 1.19007 with and average in the year of 1.16333
For the previous year on 31/12/2020 the reference rate was 1.11230 and the average rate was 1.1239.
The figures used for income tax and Modelo 720 this year was 1.19007.
These figures are provided by the Bank of Spain
You can check the annual rates to be used on this site CAB Exchange
-
marcliff - Posts: 9694
- Joined: Sat Mar 03, 2012 4:41 pm
- Location: Doña Pepa 2
- Which part of Spain are you from?: Dona Pepa 2
- Gender: Male
Re: Recent posts re. +300% Renta
by VMW » Fri May 20, 2022 5:43 pm
Thanks Marcliff, I wondered if you'd resolved your massive interest along with the OP. I know people,who in your example, used the 1.16 figure and don't understand how it can be possible. I've used 1.19007 for my estimate and expect to be very close.
- VMW
- Posts: 117
- Joined: Sat Oct 17, 2015 11:40 am
- Which part of Spain are you from?: ALMORADI
- Gender: Male
Re: Recent posts re. +300% Renta
by VMW » Sat May 28, 2022 10:55 am
Did anyone who experienced, and questioned, massively increased assessments manage to resolve the issue ?
Did you get a reduced assessment or acceptable / justifiable explanation ?
Perhaps marcliff can update us on his personal findings.
t.i.a.
Did you get a reduced assessment or acceptable / justifiable explanation ?
Perhaps marcliff can update us on his personal findings.
t.i.a.
- VMW
- Posts: 117
- Joined: Sat Oct 17, 2015 11:40 am
- Which part of Spain are you from?: ALMORADI
- Gender: Male
Page 1 of 2 • 1, 2
18 posts
• Page 1 of 2 • 1, 2
Related topics
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Looking for recent recomendations for a cattery please ?
1, 2 by Paul1000 » Sun May 21, 2023 9:51 am in Pets in Spain and travelling with Animals to Spain - 11
- 462
-
by sunworshipper
Tue Oct 03, 2023 4:27 pm
-
Looking for recent recomendations for a cattery please ?
-
-
Roaches (re recent enquiry)
by Mayfair » Wed Jun 07, 2023 11:11 am in Quesada general discussion - 8
- 634
-
by Chrisdee
Fri Jun 16, 2023 5:38 pm
-
Roaches (re recent enquiry)
-
-
Bumping posts
1, 2 by Paul M » Wed Sep 13, 2023 5:44 pm in Quesada general discussion - 15
- 557
-
by Camdenlady
Fri Sep 15, 2023 10:27 am
-
Bumping posts
-
-
There are 9 posts 10th March
by Philipb1407 » Sat Mar 09, 2024 4:34 pm in Quesada general discussion - 0
- 246
-
by Philipb1407
Sat Mar 09, 2024 4:34 pm
-
There are 9 posts 10th March
-
-
Loss of other posts after a link is posted
by PhilipGilbert2016 » Sat Dec 23, 2023 9:44 am in Quesada general discussion - 3
- 167
-
by millies123
Sun Dec 24, 2023 4:06 pm
-
Loss of other posts after a link is posted
Return to Quesada general discussion
Who is online
Users browsing this forum: ADmantX [Bot], Bing [Bot], Facebook [Bot], Google Adsense [Bot], lmay, mighty mo, pjdkca, XieJiaWei and 19 guests
Login
Find in Quesada
Quesada pages
Quesada discussion
- Quesada general discussion
- Banking and finances
- Broadband, Wifi, Phone and TV
- Buses and public transport in and around Quesada
- Driving to Spain / Car hire in Spain / Buying and owning a car in Spain
- Fiestas in Quesada
- Flights, baggage and airports
- Health services in Quesada
- Insurances and wills in Spain
- Items for sale and wanted in and around Quesada
- Interesting articles about Spain
- Jobs and careers in Quesada
- Lost and found in Quesada
- Market days
- Places to go for free Wi-Fi
- Recommended restaurants / cafes / bars
- Recommended Tradesmen and Companies
- Residency in Spain: padron, residencia and passport advice
- Safety / security information and property in Spain hints and tips
- Taxes in Spain: Suma, NIE and general tax advice
- Taxis in Quesada
- Things to do and places to go in and around Quesada
- Utilities in Spain: Electric, gas and water recommendations and advice
- Weather in Quesada
- Where to buy things in and around Quesada
- Where to hire things in and around Quesada
Properties discussion
Businesses and places in Quesada
- Bars and pubs in Quesada
- Beaches near Quesada
- Beauticians / Beauty salons in Quesada
- Bedding and soft furnishings shops in Quesada
- Butchers in Quesada
- Car dealers in Quesada: new and used car dealers
- Car garages, mechanics, tyre fitter centres in Quesada
- Car hire in Quesada
- DIY / Bricolage / Ferreteria stores in Quesada
- Equipment hire centers in Quesada
- Estate agents in Quesada
- Furniture shops in Quesada
- Garden centres and garden furniture shops in Quesada
- Golf Courses in Quesada
- Grills / gates / metal items shops in Quesada
- Hairdressers in Quesada
- Hotels, guest houses and bed and breakfasts in Quesada and nearby
- Internet service providers that cover Quesada
- Launderettes / dry cleaners in Quesada
- Markets in Quesada
- Medical / Health centers in Quesada
- Pet shops in Quesada
- Pharmacies / Chemist shops in Quesada
- Restaurants in Quesada
- Shopping centres in Quesada
- Sports centres and gyms in Quesada
- Supermarkets in Quesada
- Swimming pool services in Quesada
- Town Halls (Ayuntamientos) in Quesada
- Waterparks/Aquaparks in Quesada
- TalkQuesada » Board index
- The team • Delete all board cookies • All times are UTC [ DST ]
- Our other websites:
- Costa Blanca forum
- Costa Calida forum
- Costa del Sol forum
- Costa de Almeria forum
- Costa de la Luz forum
- Costa Dorada forum
- Costa Brava forum
- UK forum
- Jobs in the UK
- Our policies:
- Privacy policy
- User agreement
- Content policy
- Website created and operated by JSM Forum Websites