Ambitious incentives programme to reboot Vera economy

OBJECTIVE: The measures are aimed at “alleviating in part the situation of many businesses and shops which are having a tough time at the moment”, the Mayor said. CREDIT: Ayuntamiento de Vera

VERA Council has unveiled details of an ambitious programme of fiscal incentives for businesses and the self-employed as part of the administration’s plan aimed at rebooting the local economy.
The €2.4 million “Vera Impulsa” initiative launched in response to the crisis created by the Covid-19 pandemic features a packet of economic measures and the modification of several tax regulations, with tax reductions and the elimination of certain municipal tributes.
Vera mayor Jose Carmelo Jorge Blanco said the measures and incentives are now being settled on and implemented, “alleviating in part the situation of many businesses and shops which are having a tough time at the moment.”
One of the main fiscal measures is discounts of up to 60 per cent on the IBI property tax and the IAE business tax for this year, with deductions of up to 30 per cent in 2021.
The discounts are subject to the maintenance of employment and will be applied to the owners of properties used as leisure or hospitality industry establishments, offices, and for industry or trade, and to taxable persons for the municipal IAE, explained Vera Treasury councillor Alfonso Perez.
The deadline for requesting the discounts is September 14, and all the necessary forms and documentation for submitting the application are on the council electronic notifications noticeboard.
Also included in the economic and tax measures are the removal of the ICIO building, installations and works tax for minor, permanent works and a temporary reduction to 50 per cent for major works during this year and next.
Other measures are the modification of the bylaw on businesses for putting out tables and chairs on public spaces, with the abolition of the charge for 2020. The local authority is also allowing wining and dining establishments to expand terrace areas where possible to allow for more space between tables.

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Written by

Cathy Elelman

Cathy Elelman is the local writer for the Costa de Almeria edition of the Euro Weekly News.

Based in Mojacar for the last 21 years, Cathy is very much part of the local community and is always well and truly up on all the latest news and events going on in this region of Spain.

Her top goals are to do the best job she can informing the local English-speaking community, visitors to the area and the wider world about about the news in Almeria, to learn something new every day, and to embrace very new challenge this fast-changing world brings her way.

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