IMI Bills
Mar 26th 2014, 7:48 pm
#16
BE Forum Addict
Joined: Jun 2012
Posts: 3,037
Re: IMI Bills
You can always just ask at financas whether you have anything outstanding, and when to expect upcoming bills.
They just punch your tax number in, and your whole life appears on the screen.
They just punch your tax number in, and your whole life appears on the screen.
Mar 26th 2014, 8:56 pm
#17
BE Enthusiast
Joined: Jan 2011
Location: Algarve, Portugal
Posts: 391
Re: IMI Bills
Thanks for the advice. I will pop down to the camara tomorrow and enquire. Fitted my mailbox today ^__^. I got lucky as there was a vacant spot and so didn't have to fit my own post. but I am still waiting for they guy who issues P.O Box numbers to call me.
Mar 27th 2014, 8:50 am
#18
Forum Regular
Joined: Jan 2014
Location: Watford
Posts: 65
Re: IMI Bills
IMI is getting expensive but still much cheaper than UK's council tax....Thats what the IMI is for i think? The council.
No wonder they had to put the tax up people were paying next to nothing before, how could the council keep doing the things they needed if the tax bill was low. Money has to come from somewhere...They need to rise the minimum wage though! Plus ask DECO to simulate an evaluation on your property as the IMI is calculated on how much the property is worth and where it's located. Lots of people are paying more because their house used to be worth more. So if your property has gone down on value so has your IMI.
No wonder they had to put the tax up people were paying next to nothing before, how could the council keep doing the things they needed if the tax bill was low. Money has to come from somewhere...They need to rise the minimum wage though! Plus ask DECO to simulate an evaluation on your property as the IMI is calculated on how much the property is worth and where it's located. Lots of people are paying more because their house used to be worth more. So if your property has gone down on value so has your IMI.
Mar 27th 2014, 2:06 pm
#20
BE Enthusiast
Joined: Jul 2011
Posts: 515
Re: IMI Bills
3 bed townhouse 163 x 2
Mar 27th 2014, 5:14 pm
#21
BE Enthusiast
Joined: Dec 2008
Location: Tavira
Posts: 329
Re: IMI Bills
Hi,
the 162x2 is based on the value of your house.
I have not had a bill before because I had 8 years free, which was fantastic!
But this year is my 1st. I bought my house for 90,00 in 2005, will my bill be based on that price or a higher price as it has been renovated.
the 162x2 is based on the value of your house.
I have not had a bill before because I had 8 years free, which was fantastic!
But this year is my 1st. I bought my house for 90,00 in 2005, will my bill be based on that price or a higher price as it has been renovated.
Mar 27th 2014, 7:07 pm
#22
BE Enthusiast
Joined: Jul 2011
Posts: 515
Re: IMI Bills
Not sure if it has to be officially revalued or sold at the higher price.
Mine was €225 9 years ago which was approx £150 a difference from now
Mine was €225 9 years ago which was approx £150 a difference from now
Mar 30th 2014, 12:41 pm
#23
Forum Regular
Joined: Sep 2011
Location: Preston UK / Amendoeira, Loule
Posts: 269
Re: IMI Bills
Feel happier now that I have received my password from Portals Finance. At least I can now see what is happening just in case my bill gets lost en route to the UK.
Apr 1st 2014, 11:58 am
#24
BE Enthusiast
Joined: Mar 2006
Location: Leeds, West Yorkshire and Tavira
Posts: 537
Re: IMI Bills
Little confused here. We have only ever received one bill each per year for our 2 bed flat always somewhere around 200 euros. Gone up a bit this year. Should we have received a second bill? We are not resident - come over about 6 times year. Does that make a difference? Our place is in Tavira.
Apr 1st 2014, 12:38 pm
#25
BE Forum Addict
Joined: Jul 2009
Posts: 1,843
Re: IMI Bills
IMI is due as follows (annual amounts per taxpayer):
up to 250€ - one payment in April
250€ to 500€ - 50% each in April and November
over 500€ - one third each in April, July and November
up to 250€ - one payment in April
250€ to 500€ - 50% each in April and November
over 500€ - one third each in April, July and November
Apr 1st 2014, 5:39 pm
#26
BE Enthusiast
Joined: Jul 2011
Posts: 515
Re: IMI Bills
Got my bill from solicitor now but as I already got it from financas I won't have to pay them €158 to pay it for me
Apr 1st 2014, 10:57 pm
#27
BE Enthusiast
Joined: Mar 2006
Location: Leeds, West Yorkshire and Tavira
Posts: 537
Re: IMI Bills
Thank you Richard - that sorts that and is a relief really although I am sure they would have chased us if we owed money.
Apr 6th 2014, 1:28 pm
#28
Just Joined
Joined: Feb 2009
Location: Trancoso, Portugal
Posts: 13
Re: IMI Bills
Hello,
Sorry if I'm being a little thick but is IMI the annual land tax against the land you own/and what is on it/used for? Does the rate have anything to do with the value of the building on it or just the footprint?
Are you saying that it is now possible to receive the annual bill electronically rather than by snail mail?
Can I now pay online and if so how do I do, I'm with Banco Espirito?
Is it possible to set this bill to be paid automatically annually?
I have to say I have been late paying on a couple of occasions and received a late payment charge each time.
Many thanks.
Sorry if I'm being a little thick but is IMI the annual land tax against the land you own/and what is on it/used for? Does the rate have anything to do with the value of the building on it or just the footprint?
Are you saying that it is now possible to receive the annual bill electronically rather than by snail mail?
Can I now pay online and if so how do I do, I'm with Banco Espirito?
Is it possible to set this bill to be paid automatically annually?
I have to say I have been late paying on a couple of occasions and received a late payment charge each time.
Many thanks.
