Benalmádena – IBI Tax Reduction

Benalmádena Town Hall has announced plans for an across-the-board 10 per cent reduction in its IBI real estate tax rate next year.

When added to other discounts already available to ‘exemplary citizens’ of the town, the rate cut will mean potential IBI tax reductions of up to 38 per cent.
The 10 per cent reduction, which will apply to all residents, whether registered (‘empadronado’) or not, comes as a measure to counteract the major IBI increase experienced in the town due to a revision of the official cadastral values of homes, explained Town Hall officials. The revised assessments were performed in 2005 for the first time in 16 years and the huge jump in assessed values meant a steep IBI hike for homeowners throughout the town.

The 10 per cent IBI cut still has to be formally approved in the Town Council, which officials say will occur either later this month or in September. For the remaining 28 per cent available discount, residents have to meet certain conditions. People considered by the Town Hall to be ‘exemplary citizens’ – those who are ‘empadronado’ and have no outstanding municipal debts – get a 23 per cent discount on their IBI bill. This good-Samaritan benefit has been available for some time; it used to be set at 16 per cent but late last year the Town Hall increased it to 23 per cent.

The final five per cent IBI discount goes to all homeowners who pay the tax via a direct-payment system from their bank.