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Miscellaneous Use this area ONLY if you can't find a suitable home for your topic. We'll create a new area if necessary and reserve the right to move topics to more suitable areas. Only post regarding the Pollensa area. This is not a forum for general discussion.

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  • 1 Post By pollensafan

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Old 08-04-2010, 16:11
Join Date: Mar 2008
Location: Kent
Posts: 1,222
Smile you coudn't make it up

Just in case you thought it was only our government that attended the university for the terminally stupid, you will be pleased to know the spanish leaders got their qualifications from the same place. Their head honcho has announced that from july the iva will be increased by 2%. For those who might not know, thats the amount you see on your restaurant/bar bills etc-.He said " i don't believe this will have any adverse affects on tourism as spain is already one of the cheapest place's to take a holiday" In the same week, his minister for tourism said. " we have just had our biggest drop in tourism in history at almost 25% " Mallorca took the biggest hit with a 22% decline. You really couldn't make it up.
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Last edited by pollensafan; 08-04-2010 at 16:14. Reason: addons
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Old 08-04-2010, 16:19
eleanor's Avatar
Join Date: Jul 2009
Location: on the coast in Essex
Posts: 1,739

Unbelievable! What will that make the IVA rate then?
I thought it was increased in January of this year, perhaps I was wrong. It will have an effect on everything and also be an excuse to increase prices.
I spoke to someone the other day who had decided to buy in Cyprus rather than Mallorca. When I asked why the answer he gave was that Mallorca was called 'rip off island'.
Bit unfair I thought but I suppose it is easy to have that opinion. Although of course IVA is applicable to Mainland and other Balearic Isles also.
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Old 08-04-2010, 17:23
Join Date: Feb 2008
Location: East Yorkshire, UK
Posts: 859

Up to 18% ( was 16%) and 8% on the reduced rate items ( was 7%)

Not good

lots on google about this:
spain iva increase july 2010 - Google Search


Lets see what happens with UK VAT when the UK election is over
I guess at 20% for UK very soon.

uk vat increase after election - Google Search

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