The Council of Economists believes that tax benefits can help boost investment in housing for rent. The body specialized in tax advice of the General Council of Economists of Spain (REAF) presented a report on the Declaration of Income and Equity last April. In that document, they analyzed the ...

Use taxation to boost the rental market?

The Council of Economists believes that tax benefits can help boost investment in housing for rent.

The body specialized in tax advice from the General Council of Economists of Spain (REAF) presented a report on the Declaration of Income and Equity last April. In this document, they analyzed the state and regional news of this campaign and informed the taxpayers about the issues that must be taken into account when making the income statement.

The president of the General Council of Economists Valentín Pich believes that with the accounts presented, the Government will be able to fulfill its stability commitments with Brussels. However, he acknowledged that part of the increase in tax collection is based on the evolution of economic activity and this continues to present some uncertainties.

Likewise, the president showed concern about the evolution of the rental price in In recent years: "If this situation persists, the tenants will have to press for an increase in wages to be able to live, which will undoubtedly have an effect on the economy, through more inflation and loss of competitiveness." "Either it is a housing policy in earnest, or this is going to be a mess".

However, it recognizes that it is a very complex issue that a large part of the competences are in the hands of the autonomous communities and town halls. But he admitted that taxation can be a very powerful instrument and everything that is done to boost investment in rent would be good, given the rebound in rents .

>

In this case Spain is behind other European countries. Pich recommended to the rulers what can be done from taxation to curb the rise in house prices , although he admitted that it seems bad now to recommend investing in housing.

On the other hand, he acknowledged that there are many nuances when thinking about the possibility of recovering rent deductions for tenants, remembering that fraud problems should be avoided.

Tax advisors also highlighted how contributions to pension plans have been reduced in recent years. "We believe that it should be possible for all those citizens who can save to complete their public retirement pension to do so without forcing us to go against the public system," Pich said.

News view in CincoDías

Finally came the essential regulati...

The regulation of the real estate sector was a pending issue for more than a decade and the Official College of Real Estate Agents has been working since then to make this a reality, for the benefit of Andalusian consumers. It has already been commented on multiple occasions that "The biggest investment that a ......

FADEI claims the service and custom...

The employers remember that the agencies with an establishment open to the public offer a comprehensive service, personalized advice and commitment. Regrets that these online platforms use advertising claims based on the discrediting of the work of the presence agency. Certain advertising of the online models can incur a unfair competition Barcelona, ​​March 19 ......

What happens now with the 5 year le...

The rental contracts that were formalized during the crisis come out of hibernation in a very different market. Five years ago, Law 4/2013 came into force, approving the new measures to make the rental market more flexible. The law modified several precepts of the LAU, among them ......

The prices of the rents diminish th...

The interest in renting a home for young people has fallen drastically since last year. Among young people aged 18 to 34 there is a decrease of 9 points that goes up to 14 when we talk about young people from 18 to 24. The rise in rental prices is the main problem that makes ......