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On the weekend, a notice appeared in the national media that the Government may plan to increase the taxation on the AL sector in the 2017 budget.
This information is probably a test balloon to gauge public opinion on this matter.
There has already been strong opposition by some industry members, and NALLE will be voicing its opposition any such move with the Authorities.
For the moment, any news in this regard should be taken with calm. Nothing is eaten as hot as it is cooked!
One of our NALLE members, is running a rental site, he has a Special Offer for our NALLE members, have a look at this link:
There is information circulating that owners running Local Lodging businesses could face a Capital Gains Tax liability when selling the property or closing the business.
This information has not been confirmed!
Several institutions, including NALLE and the Finance Authorities, are working on the issue in order to answer this question in a satisfactory manner.
If you have heard of this rumour: don’t get spooked by it!
Keep an eye on our website, we shall publish an information about the issue as soon as it becomes available!
NALLE has its very own PowerPoint Presentation, developed for the Joint Seminar with Turismo de Portugal and ASAE on April 21st, have a look here: NALLE PP Presentation 21-04-2015
If you will be leaving your home unattended during the Holidays, you can request frequent inspection rounds by local police. You can sign up for this free security service at the nearest GNR or PSP police Station.