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The City Council, with support from the Government of Spain, Lorca has made 72 million euros are saved in recent years by bonuses and exemptions in the payment of property tax.

The Councillor for Economy and Finance in the city of Lorca, Fulgencio Gil, has reported that the Senate has passed this morning an amendment by Senator Lorca Jose Joaquin Peñarrubia, thanks to those affected by the earthquakes of 2011 will only have to pay half of the Property Tax (IBI).

The mayor of Economy highlighted the work developed for the purpose by Senator Peñarrubia, which translates into savings of around 8 million euros and the 43,973 owners of buildings affected by the earthquake will benefit.

Fulgencio Gil explained that the work of the Mayor and Senator José Joaquín Peñarrubia allows the passage of this bill.

Thanks to this new exemption the total amount that have been saved since 2011 Lorca in the property tax is around 72 million euros.

This has been presented as an amendment to the State Budget for 2016, with the full support of the Government of Spain.

It is great news that will be very useful to Lorca families who suffered from the earthquake of 2011. The exemption of 50% of IBI a year it has been possible thanks to the work of Hall, Popular Party in the Senate and the commitment of the Government of Mariano Rajoy with Lorca.

Gil explained that this is a very advantageous as it means a total savings of around 8 million euros to Lorca.

Thus, in accordance with the provisions with which you are working by the economic area of ​​the City, will benefit from this measure 43,973 owners, including 1,500 companies and entrepreneurs.

Note that with this new exemption, the total amount you have saved Lorca since 2011 in property tax exceeds 72 million euros.

This important bonus will be supplied to the municipal coffers by the Government of Spain, which will provide the City the amount directly, a fact that will contribute positively to maintain economic stability that has achieved the Consistory in recent years thanks to the implementation of Successive batteries austeridad.Junto saving measures and the bonus in the IBI, a year Lorca will also save 50% of capital gains on the purchase and sale of premises and homes, this time depending on the applications.

These actions are attached to the reduction for 1,320 urban families paying property tax for undeveloped land.

Source: Ayuntamiento de Lorca