Vila Real de Santo António is the latest municipality to add a tourist tax (and probably not the last). Like its predecessors, the assessment is €1 per night per individual. Also like other councils, this Câmara offers owners no way to discount the levy, leaving no alternative but to pay tax on another tax.
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Proposed “AL” insurance in the 2019 Budget
The ink is barely dry on changes to the Local Lodging regime and the ruling Socialist Party is moving forward with proposed amendments in the…
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Sole Traders to have new basis for Social Security contributions in 2019
The rules governing Social Security contributions for self-employed workers are changing in January. Graduated income tax brackets will no longer be the reference point. Payments…
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Renting rooms may imply losing “IMT” discount
The Tax Authority can now claw back “IMT” tax breaks when owners engage in Local Lodging or letting rooms to students. If you bought your…
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Lisbon’s historic districts still have many degraded properties
Despite positive evolution in recent years, Lisbon still has many buildings that are either abandoned, poorly maintained or even in ruins. According to data from…
