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Financial section

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note: you can discuss these articles in the property owners forum

A word of advice;

Please be aware that any income earned through rental of holiday property should be declared in Portugal and tax paid here. It is a simple matter for the tax authorities to search sites such as this, see villas for rent, see the values being asked, see the online booking and availability charts and calculate income earned. From that it is a short step to see if that income is declared.

The tax department has declared open warfare on undeclared income and all owners would do well to ensure their houses are in order in respect of income earned this current year.

arrow Portugal car tax alert [September 2008]
arrow Summer lettings legislated [July 2008]
arrow VAT changes [June 2008]
arrow New inflation coefficients [May 2008]
arrow Changes to Portuguese real estate gains 2 [November 2007]
arrow Changes to Portuguese real estate gains [September 2007]
arrow Valuation co-efficients capital gains tax calculation [July 2007]
arrow The Sovereign Scoreboard: follow the major golf tournaments in real time - find it here [July 2007]
arrow IMT - IMI tax 2007 [January 2007]
arrow Mais Valias – Capital Gains Tax [July 2006]
arrow Fiscal representation  [February 2006]
arrow New bank account opening requirements [January 2006]
arrow Property valuations [January 2006]
arrow Tax changes [July 2005]
arrow Sisa property Tax  part 2 [January 2004]
arrow Sisa property Tax part 1 [July 2004]
arrow 2002 Changes in tax treatment of offshore owned property
arrow How to import a vehicle into Portugal.


Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, this information does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.

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