The Madrid City Council has approved this Friday, in an extraordinary Governing Board, its draft tax ordinances for the year 2022, which for the third consecutive year reduce the general tax rate of the Real Estate Tax (IBI), from 0.456% to 0.428%, which will save 60 million euros for families in the city.
The deputy mayor, Begoña Villacís (Cs), has indicated in a press conference that there will be 2.2 million receipts affected by the reduction, 1.5 million corresponding to homes and the rest to different economic activities.
In this way, the Consistory continues to advance towards its objective of lowering the general tax rate of the IBI to the legal minimum (0.4%) in the current legislature, which ends in 2023.
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On the other hand, in 2022 Extraordinary bonuses will no longer be applied approved due to the pandemic, such as the one that exempted the payment of the fee paid by the hotel terraces for the occupation of public space.
The mayor, José Luis Martínez-Almeida, has expressed his confidence in obtaining the approval of the fiscal ordinances in the plenary session, and has asserted that, so far this term, the tax savings derived from the successive reductions of the City Council amount to 500 millions of euros.
Reference-www.elperiodico.com