May Month Month IMI Collection: Which owners have an exception and who can pay less?
Issue is the payment of all taxes if the first installment of the IMI or its amount is inherent at 100 euros.
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The deadline for municipal real estate tax (IMI) pay on rustic and urban buildings for owners living in one of the 308 municipalities is already underway.
Issue is the payment of all taxes if the first installment of the IMI or its amount is inherent at 100 euros. For values between 100 and 500 euros, the second installment is November. For those who pay more than 500 euros, the second and third installments will take place in August and November respectively.
Tax is calculated and charged
IMI levies on the tax equity (VPT) of real estate (VPT), the same rate of 0.8% in the case of rustic buildings (land) and a oscillation rate between 0.3% and 0.45% of urban buildings (land for buildings and construction).
The tax OT is calculated by OT, but it is municipalities, every year, they want to apply any fee to their county, it is also necessary to decide to adhere to the family IMI, which will give you a reduction in residential families or exacerbated in empty buildings.
Who is the exception and who can pay less?
There are many instances where owners are exempt from this tax. The Deco protests It has listed or paid for the owners who do not pay tax in May, but enjoy the reduction. They are:
- 125 thousand euros with equity value. In this regard, Deco has proposed to expand the IMI’s temporary exemption in the first three years after the purchase of the home (or five years, if the municipality is long). According to the latest data from the National Institute of Statistics (INE), more than 156,325 residences in Portugal in 2024;
- Storage, garages and others. To this end, they must be part of the same building or urbanization with their own and permanent houses;
- Family total income: One The family amount with gross annual yield is 16 398.17 euros . This exception applies automatically;
- With a home residence or family members. He will only have to prove that the taxpayer is his own and permanent home until the date of his third party care.
In regard to the reduction in the amount to be paid, the Deco protest, in a statement, may have a discount on the tax to be paid in 2025, which increases to 30, 70 or 140 euros, depending on the number of dependents responsible, 1, 2, 3 or more respectively “.
