Government parties PP-UM keep their promise to reduce taxes
Calvia Town Hall will reduce the Urban House taxes (rates). To be exact the reduction will be 10%. The reduction of the Urban house tax (rates) was approved on the morning of the 3rd October by the Informative Commission and will be definitively confirmed in the Corporation assembly on the 6th October . The change will come into effect on the 1st January and the citizen´s of Calvia will notice the reduction in their next tax payment which is payable in summer 2007. The tax rate has been reduced from 0.710% to 0.639% which signifies a 10% reduction.
Since the introduction of the legislation , in 2003 , this is the third decrease that has been applied to Urban house taxes. In the previous campaigns of 2004 and 2005 a 5% reduction in taxes was applied but now a 10% decrease has been approved .In this form the taxes were reduced in 2003 from 0.786% to 0.639% in 2007 which signifies a reduction of 18.71%. The Government body have kept their promise to reduce taxes.
In reference to Rural taxes , an important factor that should be noted is that towards the end of 2003 a fixed rate of 0.3% was established , which is the lowest permitted rate in the present legislation and from then onwards the Rural tax has been kept to the legal minimum. All further taxes of the municipality have been frozen.