By Linda Hall • 17 March 2022 • 16:00
ALFAZ: Town hall attracts new businesses with lower taxes
Photo credit: Alfaz town hall
ANYONE opening a new business in Alfaz will save 50 per cent on licence fees, thanks to the local government’s new fiscal measures.
The reduction will be in place throughout 2022, announced town hall spokesman Toni Such.
“We are confident that this will help to create and establish businesses inside the municipality,” Such said.
In 2019, the town hall earned €106,000 through licences for new businesses. This fell to €53,000 in 2020 when the town hall processed 95 new licences, rising slightly to €56,000 in 2021.
“That demonstrates significant savings to business-owners and the self-employed who have embarked on new ventures in our municipality,” the spokesman said. “And this is exactly what we intend.”
The reduction follows the town hall’s decision to waive the municipal tax on the hospitality sector’s terrace tables during the two low-season quarters of the year, Such continued.
“All of these modifications are aimed at reactivating the local economy and help those opening businesses here,” he said.
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 donâ€™t already have one. Review our
Originally from the UK, Linda is based in Valenca and is a reporter for The Euro Weekly News covering local news. Got a news story you want to share?
Then get in touch at email@example.com.
Download our media pack in either English or Spanish.