Summary
- Starting in 2026, Torrevieja will offer a 75% tax reduction on vehicle taxes for green car owners.
- This initiative applies to electric, hybrid, and historic vehicles, and also families with multiple children.
- The proposal was unanimously approved, indicating strong political support.
- The option for an additional 20% tax reduction for all vehicles didn’t make the final cut.
- Currently, Torrevieja has over 66,000 registered vehicles.
Major Tax Reforms in Torrevieja to Encourage Green Vehicles
In a progressive move towards environmental sustainability, the city of Torrevieja has announced new tax reforms that will substantially benefit electric and hybrid vehicle owners starting in 2026. This initiative aims to promote greener transportation and support families with multiple children.
Details of the Tax Reduction
- Owners of electric, hybrid, and plug-in hybrid vehicles will enjoy a 75% reduction on their vehicle tax.
- families recognized as numerous,along with owners of historic vehicles (over 25 years old),will also qualify for this significant discount.
Political Landscape and Support
The motion,introduced by Pablo Samper from the Sueña Torrevieja party,received unanimous approval from all municipal groups,including the Popular Party (PP),PSOE,and Vox. This rare multi-party consensus reflects a collective commitment to environmental goals and community support.
amendment and Additional Tax Cuts
While the original proposal included an additional 20% reduction for all cars and motorcycles, this aspect was not incorporated in the final version due to amendments made by the PP. Nonetheless, the overwhelming support showcases the city’s intent to modernize its vehicle tax regulations, which had not been updated as 2014.
Current Vehicle Registration and Taxation Revenue
As of today, Torrevieja has a total of 66,689 registered vehicles and generates approximately 5.3 million euros annually from the vehicle tax. This revenue plays a pivotal role in funding public infrastructure projects, including road resurfacing and pedestrian safety measures, as noted by government sources.
Looking Ahead
According to officials, the proposal is already with the treasury for further implementation studies. The estimated reduction in tax revenue is not expected to be meaningful, as electric vehicles currently account for just over 10% of the total vehicle population. This measured approach allows the municipality to continue vital public works while promoting eco-friendly transportation.
Conclusion
The new tax reductions in Torrevieja represent a critical step toward fostering enduring transportation options. By providing financial incentives for green vehicles, the city not only aids families with larger needs but also emphasizes its commitment to environmental stewardship.
For more facts, you can read the original article here.
Sources:
- Información. (2023).Retrieved from Información.