Valencia Without Aid Prosecutors
77% Of people in Valencia and could deduct your car rental do not because they do not know or by some kind of fraud. This was revealed by a report of the Union of technical of the Ministry of Finance (Gestha), which raises the amount of these deductions that fail to collect to 38.5 million euros throughout the autonomic territory, according to the 2008 exercise of personal income tax data, the first in which recovered this tax relief for tenants. According to the report by Gestha, of the 147.760 tenants who could have obtained this relief throughout the Valencian Community in 2008, 113.442, not claimed. These deductions can benefit all persons who have their main house rented and whose tax base is less than 24.020 euros annually. The basis of this deduction may not exceed these amounts: to) if the taxable amount is equal to or less than 12,000 euros, the maximum deduction basis shall be 9.015 euros annually. b) if the taxable base is between 12.000,01 to 24.020 euros, the base maximum deduction shall be the amount obtained from lower 9.015 EUR in the amount resulting from multiplying 0.75 by the difference between the tax base and 12,000 euros. IE: 9.015 0.75 x (tax base – 12,000). The formulas above gives the basis of deduction.
The tenant can deduct 10.05% of that amount. The Secretary general of Gestha, Jose Maria Mollinedo, points out that many tenants don’t know their rights and that, Furthermore, there is a deficiency in drafts of the income tax. In this regard, explains that in them is not specified properly there is possibility of obtaining State and regional deductions in rents. In addition, it affects that many tenants are young they are added to the labour market and, apart from the fact that they ignore the existence of these benefits, even you are required to make declaration of income tax because they do not arrive in 22,000 annual euros of tax base. This issue must be added that since Gestha qualify as submerged rentals, i.e., those not made by means of a legal contract. In this regard, another recent report by the technicians of the Treasury revealed that almost 61% of leases of dwellings in the community not declared to the tax authorities. Original author and source of the article.