The City Council of La Orotava will reduce taxes and fees in 2023, a measure that is maintained for the fourth consecutive year to help families who are going through a complicated situation.
“The main novelty for the next financial year is that, while everything is going up, in La Orotava taxes and fees continue to be lowered, a premise that this Government has set for itself by involving all political groups since the pandemic began,” he declared. yesterday the Councilor for Finance and Economic Development, Felipe David Benítez.
The mayor informed of the main tax developments for the new year that the plenary will debate today, accompanied by the mayor, Francisco Linares. In this framework, he stressed that one of the important measures will be the 2.2% drop in the Real Estate Tax (IBI) or urban contribution for the entire population. “An effort will be made by the Consistory because this tax has not been touched in recent years,” he said.
Another important bet has to do with sustainability and, for this, the IBI will have a reduction of 40% for 20 years. “One piece of information that makes us think that the measure is good is that more than 1,200 families have installed solar panels in their homes and enjoy that bonus,” said the mayor.
Likewise, support for small businesses will be maintained with a 15% reduction in the garbage rate and a 75% discount will be given to new entrepreneurs during the first five years of opening.
In this area, the more than 100 bonuses that the City Council has to help the most disadvantaged groups, small businesses and preserve the historical heritage will also continue.
Another important fact highlighted by the head of the Treasury is that, according to the liquidation of the 2021 financial year of the Ministry of Finance, La Orotava is below the average of the State, the province and the municipalities with a similar population in average collection per inhabitant. , that is to say that its taxes are lower, returning double what it collects to its neighbors.
The mayor highlighted the effort made by all residents to pay taxes and fees on time, “and that has allowed the population’s standard of living to be maintained.” In addition, he emphasized two claims that he led and that were heard from the central government. One of them was the suspension of the fiscal rules that prevented municipalities from using the savings deposited in banks, and another, the charge of 0.5% that banks charged for having the money deposited. “These two issues have been important to maintain the economic balance without having debts, a saving of 20 million euros; make improvements in infrastructure, and continue developing social, cultural and educational activities in the municipality”, he added.
