IMI bills
 

Does anyone know when these will be sent. Can't remember if it was April or May?

Re: IMI bills
 

may

Re: IMI bills
 

Go onto the Finances account. I paid mine weeks ago. Then the paper bill arrived in Wales a few days later!

Re: IMI bills
 

My son in law received his this week at his UK address. My daughter is still waiting for hers.

Re: IMI bills
 

I got mine today.

Re: IMI bills
 

since we moved here - Baixo Alentejo - not paid a cent.

We were paying up to 500€ in the East Algarve, but got another three years easement when we moved and although we go to Finances every year,we 're told nothing to pay.

Re: IMI bills
 

We got the exemption as well, for 5 years. Then we made an adjustment to the property (legalized a long standing shed) and magically got another 5 year exemption.

I wish we could get that on income tax!

Re: IMI bills
 

i have been a pt resident for 2.5 years . how do i apply for exemption and is the exemption only for one house

Re: IMI bills
 

The 2 most common exemptions should be attributed automatically but are contingent on certain conditions being met.

There's the temporary exemption upon purchase of a property for the purchaser's own habitation, which applies for 3 years and will be given as long as the VPT of the property doesn't exceed 125,000€ and the gross household income doesn't exceed 153,000€ You can qualify for that one 2 times

Thre's a "permanent" exemption, which applies when the total VPT of all property owned is 67,260.20€ or less and the gross household income 15,469.85€ or less (2023 figures - these are values derived from multiples of something called the Social Assistance Index (IAS for short in PT), and are therefore subject to change). This will be attributed in any year those conditions are met.

Re: IMI bills
 

Thank you Eric

Re: IMI bills
 

If you havn't received any notification or bill payment request on the financas site does that mean you are exempt this year?

Re: IMI bills
 

I would be tempted to check! Especially if your own situation is not clear. Does the section on "isento" help clarify, in the Financas site, IMI ?

Re: IMI bills
 

Do the amounts/values you quote apply to just property and income in Portugal or, worldwide?

Re: IMI bills
 

Mine has gone down by about €10 every year. Is this normal?

Re: IMI bills
 

In order to qualify for the exemption, you need to be resident in PT and recorded as such with AT (if you weren't, then obviously it wouldn't be your primary home, and thus wouldn't qualify).

As a resident, you are obliged to declare worldwide income to the PT tax authority and it is that figure that is used to determine whether you are eligible income-wise. With regard to property, there is no obligation on foreign residents to declare foreign property to the tax authority here - only income or gains derived from it. Any property other than primary residence owned in PT will be visible to AT and cross referenced along with the income figure when determining whether the exemption applies.