{"id":24564,"date":"2022-01-17T21:00:00","date_gmt":"2022-01-17T20:00:00","guid":{"rendered":"https:\/\/www.11onze.cat\/?p=24564"},"modified":"2022-01-18T12:32:18","modified_gmt":"2022-01-18T11:32:18","slug":"how-much-pay-2022-buy-home","status":"publish","type":"post","link":"https:\/\/www.11onze.cat\/en\/magazine\/how-much-pay-2022-buy-home\/","title":{"rendered":"How much will I pay in 2022 to buy a home?"},"content":{"rendered":"<div class=\"component text\">\n  <div class=\"container\">\n\n\n    <div class=\"row\">\n      <div class=\"col  col-lg-8  offset-lg-2\">\n        <h3><b>This 2022 comes with fiscal changes in the purchase of real estate. From January, the land registry will set a reference value that will establish what we should pay tax on. This has been determined by the Ministry of Finance. If until now we paid taxes according to the market price, now it may cost us a little more. We give you the keys to all of this.<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Until now,<\/span><b> if you bought a second-hand flat, you had to pay 10% transfer tax (ITP)<\/b><span style=\"font-weight: 400;\">; and when you inherited a property or received a donation, the corresponding inheritance and donation tax. Even so, if the tax office proved that the property had been sold below market value, it could then force the property to pay more.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To avoid the litigation that this entailed, <\/span><b>the cadastre has created this new reference value<\/b><span style=\"font-weight: 400;\">, without retroactive effects. These changes come hand in hand with the reform of the Law against tax fraud, which affects ITP, stamp duty and inheritance and gift tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, from now on, <\/span><b>the cadastre will take into account the deeds of sale of the year prior to each area<\/b><span style=\"font-weight: 400;\">. To find out what the value of our property is, therefore, we will have to consult this index, which is already published on the cadastre\u2019s <\/span><a href=\"https:\/\/www1.sedecatastro.gob.es\/Cartografia\/mapa.aspx?ZV=SI&amp;BUSCAR=S&amp;ANYOZV=2022&amp;final=IAMIU\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">website<\/span><\/a><span style=\"font-weight: 400;\">. It is on this amount that we will have to pay the transfer and transfer taxes. In this way, the tax will no longer depend on the market value, and some <\/span><a href=\"http:\/\/cambrapropietat.com\/importants-canvis-fiscals-al-2022-pels-propietaris\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">consider<\/span><\/a><span style=\"font-weight: 400;\"> that, as a result, the exact condition of the property at the time of purchase will not be taken into account.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>Requesting a rectification<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In fact, <\/span><b>if the buyer believes that the price assigned to his property is higher than it is worth, and he is paying more than he considers fair, then he can rectify<\/b><span style=\"font-weight: 400;\"> his self-assessment and ask for a refund for undue income. Let\u2019s say for example that the land registry has valued our property at 280,000 euros, but we think it is worth 180,000 euros.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Then, we will have to provide the necessary evidence to prove that the conditions of the property are not adequate and that the price should be lower. From this point on, the cadastre will analyse the case and determine whether we are right and deserve a refund. However, <\/span><b>the tax office warns that the reference value is already slightly below the market value<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><b>The seller, in the tax return<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In the case of the seller, he\/she has <\/span><b>to include the sale and purchase in the tax return and will have to pay the corresponding taxes for the difference<\/b><span style=\"font-weight: 400;\"> between the sale and purchase price; or the acquisition price, in the case of inheritance or donation, if it is positive. In fact, article 14 of the General Tax Law makes it explicit that the transfer tax does not affect the income tax and, therefore, if the property has been sold below its reference value, it is taxed at the price of the sale.\u00a0<\/span><\/p>\n<p><b>The property tax, known as IBI<\/b><span style=\"font-weight: 400;\">, which is paid every year in our municipality, depends on the cadastral value, and not on the reference value and, consequently, <\/span><b>will not be affected<\/b><span style=\"font-weight: 400;\"> by this new reference value.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>11Onze is the fintech community of Catalonia. Open an account by downloading the super app El Canut on <\/b><a href=\"https:\/\/bit.ly\/2YlbZAf\" target=\"_blank\" rel=\"noopener\"><b>Android<\/b><\/a><b> and <\/b><a href=\"https:\/\/bit.ly\/Onze-IOS\" target=\"_blank\" rel=\"noopener\"><b>Apple<\/b><\/a><b> and join the revolution!<\/b><\/p>\n\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"component cards\">\n  <div class=\"container\">\n    <div class=\"row\">\n      <div class=\"col col-xl-8 offset-xl-2\">\n        <h1>If you liked this article, we recommend you read:<\/h1>\n        <div class=\"cards__wrapper\">\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/right-withdrawal-key-against-vulture-funds\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/08\/PODCAST_THUMBNAIL_PSN_ARCADI.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Finances<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Right of withdrawal<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">If you discover that your financial institution has transferred the mortgage of<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/housing-solving-young-people-dilemma\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/10\/THUMBNAIL_COMPARTIR_PIS_COMPARTIR_ESTALVIS-800x450.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Economy<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Housing: solving young people\u2019s dilemma<\/strong><\/p>\n              <span class=\"card-time\">6 min read<\/span>\n              <p class=\"card-text small\">Only 15.8% of the young population is emancipated, the<\/p>\n            <\/div>\n          <\/div>\n\n\n          <div class=\"card\">\n            <a href=\"https:\/\/www.11onze.cat\/en\/magazine\/renting-house\/\" class=\"card-link\" target=\"_self\"><\/a>\n            <div class=\"card-img\">\n              <img decoding=\"async\" src=\"https:\/\/www.11onze.cat\/wp-content\/uploads\/2021\/06\/THUMBNAIL_LLOGUER_ABUSIU-800x534.jpg\" class=\"card-img-top\" alt=\"\">\n                <span class=\"card-category\">Community<\/span>\n            <\/div>\n            <div class=\"card-body\">\n              <p class=\"card-title p2\"><strong>Accept and not accept when renting a house<\/strong><\/p>\n              <span class=\"card-time\">4 min read<\/span>\n              <p class=\"card-text small\">In the real estate market, and specifically in the rental market<\/p>\n            <\/div>\n          <\/div>\n\n              <\/div>\n              <br>\n              <br>\n              <div class=\"cards__wrapper\">\n\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":71,"featured_media":24575,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[172],"class_list":["post-24564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How much will I pay in 2022 to buy a home? - 11Onze<\/title>\n<meta name=\"description\" content=\"2022 comes with changes for buying a home. 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