The Government will intensify the fight against fraud in the rental of properties by crossing information between Hacienda Tributaria (Inland Revenue), the consumption of electricity and the land registry in order to carry out specific checks on houses and commercial premises where the leased has not been declared but where "there is evidence relevant to everyday use”.
This is stated in the response to a written question posed by the Socialist Deputy César Luena and followed by Europe Press. In this text, the executive said that during the year 2012 is planned to develop this specific control of fraud in property rentals.
These actions are part of the action plan designed to "check and investigate tax fraud" and aimed to "properly adjust the tax status of taxpayers and the effective collection of tax debts and penalties resulting from such adjustments".
Furthermore, in response to another question placed by socialist Inmaculada Rodríguez Piñero, the Government also ensures that in the tax returns of 2011, "the deduction for investment in permanent residence shall be practiced by all taxpayers, regardless of the amount of their tax base", to a maximum of 9,040 euros, following the amendment of several laws with the Decree on Urgent Measures to Reduce Deficit adopted last December 30. This decision will have no impact on revenue, says the Executive.
The PSOE has also asked a series of questions concerning the abolition of the Basic Income Emancipation (RBE) for youth from January 1 this year, a decision which will save the Government about 50 million euros in this year, and will affect everyone except for those young people who were already receiving this benefit. They will continue receiving it until it exhausts. Thus, in response to questions from César Luena, the executive says it is developing a new State Housing Plan, which will replace the current, valid until the end of the year, and the criteria to be established to promote rentals among the youth" and to "all the most disadvantaged". "The government will take appropriate measures and actions for effective access to housing," he adds in another answer to the same effect asked by Luena, stating that the new plan was prepared for the "consensus" by the regional administrations and the main actors in the housing sector.
Finally, in response to another question raised by Jesús Yuste, the executive discharges being flexible with the four year period currently given by the law towards Income Tax to individuals applying for deductions for acquiring a permanent residence, in certain cases, when it is not possible to acquire a property for reasons outside the account holder.
According to the Income Tax Act 2006, deductions may apply for investment in permanent residence when such amounts are deposited in the accounts referred as “housing accounts” and only when the amounts provided are intended entirely to the first acquisition or rehabilitation of permanent residence in a period of up to four years. However, an Aragonese Deputy has requested the Executive to extend this period when the circumstances for not purchasing a property go beyond the taxpayer fault, which has been discarded because the anticipation of future deductions "only allowed in cases of housing or account dwellings under construction" while, in general, to benefit from the deductions "are required to have acquired" the property. In addition, the government says that within four years is "sufficient time to meet the initial investment required to purchase a home" while "a term extension would entail a cost that tax collection should assess taking into consideration the current situation of budgetary constraints". In addition, an amendment along these lines would affect the regional financing model, since 50 percent of the cost of of the tax collection of the measure would be supported by the regional government.
This extension would also make it "more difficult" for Inland Revenue to properly implement the tax deduction and it would "increase the administrative burden and increase the management cost". Finally, the Government recalls that "the balance saved for the purchase of a home can be used for housing construction, having to complete the works within the four years since its creation".
"In this case, the timing of deductions for the two concepts overlap and tax payer could double the period to purchase a property from the moment they open the account. Moreover, given the possibility (exceptional) to authorize a time extension to complete construction of up to four years, this should lead, in an extreme case, to spend a period of twelve years since the opening of the account until the acquisition of the property".
Source:
Expansión.com
