Escaldes-Engordany Approves 25% Tax Cuts for Small Businesses
Parish council unanimously passes reductions on key fees for self-employed and small shops earning under €300K to support local economy amid pressures.
Key Points
- 25% reduction on business registration, signage, hygiene, lighting, and terrace fees.
- Eligibility: self-employed <€150K income, shops <€300K turnover, based in parish since 2023.
- Unanimous approval to aid small operators amid economic pressures.
- Details on applications and start dates to be announced soon.
The Escaldes-Engordany parish council has unanimously approved a 25% reduction on several taxes and fees targeting self-employed professionals and small businesses.
The measure, passed during a meeting on Thursday afternoon, applies to charges for business registration, installation of commercial signage, public hygiene, street lighting, and terraces. Eligible professionals must demonstrate annual income below €150,000, while qualifying shops need to show turnover under €300,000. Applicants must also prove their business has been based in the parish since at least 2023.
Council officials presented the initiative as support for local small-scale operators amid economic pressures. The unanimous vote reflects broad agreement on bolstering the parish's commercial fabric, which includes a mix of independent services and retail outlets.
Implementation details, such as application processes and effective dates, will follow in forthcoming council announcements. The policy aims to ease financial burdens without extending to larger enterprises.
Original Sources
This article was aggregated from the following Catalan-language sources: