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

Objections: valuation of the argume...

When the salesperson answers an objection to the prospectus, he does so in certain circumstances, in order to achieve maximum efficiency in the treatment of the same. One of them requires knowing and applying well two propositions of contradictory appearance. The first is: Who gives value to the argument that exposes the commercial is the prospect ......

Importance of Capture Filtering

We finished the previous postcard saying that it was not sensible or effective or economical to accept any feedback that reached our doors and that, precisely, we had a resource-the feedback filter-so that only the pertinent information for us enters our System. a) You have to capture (many) real estate per month! By cooo ... nter ......

The fall of non-residential real es...

According to the market study conducted by Deloitte Real Estate, real estate investment has suffered a decline in Spain after several years of growth. The rise in prices and the absence of large operations are the main reasons why the volume destined for ... has been reduced by 22% compared to 2016 ......

Reforms: Revaluation of a home

Real estate is losing value as time passes, which is a great inconvenience for the owner who wants to sell the house. However, there is the possibility of making reforms so that the property is revalued. And if, with these arrangements, insulation and energy efficiency are improved, the investment ......