The Town Hall will propose in the Plenary session a more socially equitable IBI (Property Tax) and will promote measures to encourage the deseasonalisation and the promotion of employment

Wednesday 21st September 2016

CALVIÀ TOWN HALL WILL RISE BY 10% THE IBI TO GREAT HOTEL ESTABLISHMENTS WITH A CADASTRAL VALUE SUPERIOR TO 1.5 MILLION EUROS AND WILL SUBSIDISE THOSE BUILDINGS WHICH ECONOMIC ACTIVITY PROMOTES THE DESEASONALISATION AND THE JOB CREATION


HOMES WILL MAINTAIN THE SAME IBI AS THIS YEAR



The measure, socially more equitable, also envisages an increase to the higher cadastral values of other type of uses such as large surfaces or industrial properties



The Calvià Town Hall will rise by 10% the Property Tax to large hotel establishments with a rateable value superior to 1.5 million euros, as well as to large surfaces and industrial use properties that have a higher cadastral value.

 

Furthermore, the Town Hall is committed to subsidise those properties in which an economic activity declared of special interest such as the promotion of the deseasonalisation and the employment, is developed.


It is the proposal that will taken to the ordinary plenary session of the month of September and that meets the commitment of promoting measures to encourage the lenghthening of the hotel establishments' opening and the creation of jobs. Therefore, it will be promoted the implementation of a bonus considered in the same tax ordinance which so far has not been used.


The initiative maintains, on the other hand, the same type of IBI for residential uses. Therefore, the houses of the municipality of Calvià will not be affected by any rise thus paying in 2017 the same Property Tax as this year.


The proposal considers, for the first time, a more socially equitable rule, with the application of a differentiated tax rate of 0.55% for higher cadastral values (the standard rate is 0.50%), except for the residential use that maintains the same rate.


Thus, the tax is applied progressively and, therefore, socially more just, as the homes will not suffer any tax increase and only the higher cadastral values of non-residential uses, that is to say, the higher patrimonial values, will have a moderate increase.