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Go Back   Pollensa Forum > LIVING & WORKING IN POLLENSA > Living & Working in the Pollensa Area

Living & Working in the Pollensa Area This forum is for any comments, questions and advice about living (permanently or temporarily) and working in the Pollensa area. Aimed at ex-pats, property owners etc.

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Old 21-04-2010, 20:19
Join Date: May 2008
Posts: 31
Default Beneficio Industrial

Has anyone ever come across something called Beneficio Industrial?

We have recently had some work done and the original quote had 15% added at the bottom for Beneficio Industrial which I foolishly took to be tax but I now find we have had IVA applied on top of this and so we are paying around 30% in some form off additional charge or other
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Old 22-04-2010, 20:52
ray ray is offline
Join Date: Mar 2009
Posts: 525

It means industrial benefit, but have never heard of it or been charged it, is it too late to query
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Old 26-04-2010, 18:16
Join Date: Jul 2008
Location: Mallorca
Posts: 73

Hi folks
I can help here as it's a building term!!
Basically, Spanish law entitles a builder to apply this beneficio (benefit), which to cut a long story shor,t is actually the profit on the job. I laughed at this when I first heard of it. It is legal, but it should have noted on your quote that it said that this and IVA were not included? Did they not charge you around 7% gastos as well?? This is to cover wear and tear on tools and vans etc.
Normally it's only large companies that charge this, it can make a HUGE difference on a quote!!
If I can be of any more help, let me know.
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