Taxman focuses on new cars and government grants

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.

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