Beginning in 2018, taxpayers with earnings exclusively from Local Lodging (Category B) will be exempt from SS contributions. Those who accumulate salaried income with self-employment earnings from “AL” will only be excused from monthly Social Security payments on their green receipts below a gross of €2,450 per month. Any excess shall be assessed at the rate of 21.4%. The measure is expected to encourage “AL” compliance which has already quadrupled over the past three years.
Local Lodging to be exempt from Social Security
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Local Lodging falls sharply nationwide
Local Lodging is on the decline across the country with new registrations dropping by 43% when compared to the same period last year. According to…
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Local Lodging: Lisbon can accommodate 102,00 holidaymakers
As compared to hotels, “AL” already has twice the capacity to receive tourists in Lisbon. In the nation’s capital which has 500,000 inhabitants, Local Lodging…
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Hybrid lets
Question: I have a local lodging unit that I have only been able to let during the high season. Now I have a potential tenant…
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Coming to a close…
Since NALLE started to offer its services in February 2015, the Local Lodging industry has undergone profound changes. A small business sector which started out…