Property tax - Page 3

This appears to be 'complementaria' tax which is an extra tax which is imposed by the tax authorities as they revalue your property and come up with a figure based on a complicated and out of date calculation. They send a notification saying you have not paid the correct transfer tax and demand the difference plus a fine. I was given this notification and had to appeal within 10 days of receipt of the letter which was sent to the lawyer who dealt with my house purchase and who had given me bad advice. I quickly found a lawyer who had experience of dealing with it and got this appeal lodged. It takes a year for the courts to address it buy I won my case and saved 8700 euros. I paid my lawyer around 370 euros to represent me. If you miss the deadline of 10 days you have to pay it.

I have explained what happened to me. You do not have to grit your teeth and bear it as many people who appeal win if they get a good lawyer to represent them quickly.

Jimmy R - If you have agreed to pay be careful as I believe they will charge you interest on the amount from the date you bought the property so the money they demand is continually increasing until you pay.

I am in exactly the same position. Completed in Dec 2018 at purchase cost of 85k. Paid my 8500 in tax but about a week before going over to get keys my solicitor informed me that it has been valued at 120k and i would need to pay about 3k more tax. I’ve had no demand letter so far...but when it arrives am planning on paying it to reduce any capital gains when i sell. Althoug h i haven't done any calculations to check whether its worth paying the tax now, or taking the hit on the CGT later. Does anyone else have this dilemma apart from the OP?! 

My solicitor gave me the option to pay it at purchase or wait for the bill. I decided to wait for the bill, which so far hasn't arrived. Regular posters will usually recommend appealing within the 10 day window allowed from receipt of the demand.

However, I wonder why your solicitor has "suddenly" discovered this charge! Do you think he's aware that a tax bill is in post or maybe forgot to give you the option and just advising that you "might" receive it?

Steve

Yes, this is true..we had a bill from Suma last year,  which went back 4 years..they could only go back 4 years..as yes, the property prices have gone up..you can organise to pay this over 6 months too, if you can;'t pay it all at once.

Hi

We bought a property and had the same issue but our solicitor told us to appeal it which they sorted out and we won the appeal so didn’t have to pay it. The only cost we paid was roughly 200 euros to our solicitor which we were more than happy to pay.

Hi all many thanks for all of your replies I have decided to appeal against the claim and I will update the forum accordingly. It has been a very helpful chat with all involved. 

Once again many thanks. Mark