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Council starts the process to return the surplus to potential beneficiaries of the exemption in the event of payment in kind (21/08/2014)

The Department of Social Services City of Cehegín, directed by María José Maya, has initiated the necessary steps to inform potential beneficiaries of the exemption from payment of tax on the increase in Value of Urban Land (gain) on cases of transfers made in payment to a financial institution of the principal residence of the mortgagor.

This new exemption included in the Royal Decree Law 8/214, which is also extended to those payments in processes carried out in judicial or notarial mortgage enforcement, shall apply to transfers agreed since January 1, 2014 and will be retroactive to previous four years, ie, since January 2010.

The Councillor of Social Services, María José Maya, explained that "the Consistory are working to identify and inform all persons who may be beneficiaries of this exemption, to proceed to refund the amounts paid in respect of goodwill when it is established who qualify for it, ie who are registered in the municipality and that the family unit does not have assets or rights that deal with this payment. "

To verify compliance with the requirements set out in Royal Decree from the municipal technical services is already proving that the taxpayer has figured enumerated continuously for at least two years preceding the transfer or from the time of acquisition if that term It was less than two years.

Subsequently, after this first test, we will notify those affected of any exemption for which they can benefit and will provide a model by which authorizes the council to access data from the Tax Office and Land Registry and corroborate that meets the second condition, ie, lack of assets or rights sufficient to satisfy the entire mortgage debt and avoid the alienation of housing amount.

Source: Ayuntamiento de Cehegín

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