By Euro Weekly News Media • 14 May 2015 • 9:30
PEOPLE that bought a new car in 2013 and made the most of the Spanish governments PIVE grants but didn’t declare them to the taxman will be made to pay up.The Plan PIVE, which gave grants to people handing in old cars and buying brand new, greener vehicles, was used by more than 282,000 people in the country in 2013, yet many did not realise that they had to include this in their tax declarations to Hacienda the following year.Now the taxman is chasing down these purchasers to demand they make their payments.Letters are being sent out to remind people that the grants are considered a capital gain and that as they were not declared when they should have been, up to 15 per cent surcharges will be added.Hacienda technicians have said that the amounts people will have to pay will depend on their area, the amount of the grants and their income bracket, but can be expected to be from €250 upwards.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Share your story with us by emailing firstname.lastname@example.org, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Download our media pack in either English or Spanish.