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Search: Posts Made By: Biffa
Showing results 1 to 25 of 62
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Forum: Portugal
Sep 4th 2012, 2:14 pm
Replies: 15
Views: 2,278
Posted By Biffa

Re: Fiscal Rep

You wil need the activity Code CAE to get your complaints book I think.
Is the house to be let in your name or a company name?
The important thing is to declare the income either as avtax...
Forum: Portugal
Jul 26th 2012, 11:54 am
Replies: 8
Views: 2,074
Posted By Biffa

Re: Looking for a good lawyer

Miguel Cabrita is ok. My company has worked with himand found him reliable. He is on [email protected] and is located in Lagos just behind the bus station.
Forum: Portugal
Jul 6th 2012, 10:16 am
Replies: 0
Views: 581
Posted By Biffa

Silves Medieval Fair

Despite fears this would be cancelled it seems it IS going ahead from 28th July to 5th August but is being supported by private enterprise in the form of the firm that provides the jousting show...
Forum: Portugal
Jun 29th 2012, 2:30 pm
Replies: 7
Views: 4,740
Posted By Biffa

Re: Self employed tax rates - is this true?

This is no place for the squeamish - tax wise! Social Security contributions are high and you get little benefit fro it. A difficult place to do business - and I have been here 30+ years!
Forum: Portugal
Jun 29th 2012, 1:37 pm
Replies: 21
Views: 4,443
Posted By Biffa

Re: 23% VAT Killing Portuguese Economy?

It would appear that the level of VAT here has reached a point of diminishing returns to the exchequer as it tends to increase the black economy by more and more end users, who cannot reclaim the...
Forum: Portugal
Jun 27th 2012, 12:52 pm
Replies: 5
Views: 927
Posted By Biffa

Re: Destruction of Salgados lagoon area

should work with a double click I think

http://www.avaaz.org/en/petition/Save_Salgados_a_unique_internationally_recognized_birding_sanctuary_from_being_destroyed/?eErDubb
Forum: Portugal
Jun 27th 2012, 12:50 pm
Replies: 5
Views: 927
Posted By Biffa

Re: Destruction of Salgados lagoon area

sorry about that

http://www.avaaz.org/en/petition/Save_Salgados_a_unique_internationally_recognized_birding_sanctuary_from_being_destroyed/?eErDubb
Forum: Portugal
Jun 27th 2012, 9:14 am
Replies: 5
Views: 927
Posted By Biffa

Destruction of Salgados lagoon area

Many of you may know the lovely Salgados area with its beautiful beach and the lagoon which attracts flamingos and many migratory birds.

Silves Council have given permission for the erection of a...
Forum: Portugal
Jun 1st 2012, 9:42 am
Replies: 0
Views: 1,402
Posted By Biffa

IMI cahrgse fro individuals residing in blacklisted territories

Some good news, for a change, is that the law that penalised individuals residing in blacklisted territories (Dubai, Jersey, BVI etc) which meant they paid aggravated IMI charges on their properties,...
Forum: Portugal
May 30th 2012, 9:57 am
Replies: 11
Views: 2,573
Posted By Biffa

Re: Revaluation of property to reduce council tax

Hayles - whilst you have to pay to challenge a valuation there should not be a cost to request one more than 3 years following the last one. :fingerscrossed:
Forum: Portugal
May 29th 2012, 4:36 pm
Replies: 11
Views: 2,573
Posted By Biffa

Re: Revaluation of property to reduce council tax

Any property which was acquired between 2004 and 2009 would probably benefit from a revaluation. This is because of changes in the coefficients used to calculate the value.

To answer the suscriber...
Forum: Portugal
Apr 23rd 2012, 4:28 pm
Replies: 29
Views: 4,605
Posted By Biffa

Re: Long Term Lets?

s5turat - try up the west coast, Vale da Telha for example, you may find things cheaper up there?
Forum: Portugal
Apr 13th 2012, 3:08 pm
Replies: 19
IMI
Views: 2,651
Posted By Biffa

Re: IMI

Not sure I follow your thread Supremegermaline? The annual IMI is set each year in the relevant Council budget and then charged to the house owner as regsitered with the Finance Department at 31...
Forum: Portugal
Apr 12th 2012, 1:30 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

Hi Bejaboz,

No - I meant what I said.

EU/EEA residents are no longer obliged to appoint a fiscal rep but for absentee owners I think it is still wise to do so.
Forum: Portugal
Apr 12th 2012, 8:18 am
Replies: 19
IMI
Views: 2,651
Posted By Biffa

Re: IMI

He/She who owns the property as at 31 December is responsible in law for the IMI for that year payable the next. In many cases a deal is done and the year is pro rata'd between buyer and seller but...
Forum: Portugal
Apr 11th 2012, 4:27 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

You really need good accurate legal and fiscal advice at the outset if you are investing in Portugal. I forsee many problems arising over the change in law which means EU/EEA residents do not need a...
Forum: Portugal
Apr 11th 2012, 3:36 pm
Replies: 19
IMI
Views: 2,651
Posted By Biffa

Re: IMI

That seems a large incresae on a piece of urban land if there is no house on it yet? It must be a fine piece of land to get that vaue I would think.

I would have to look to see if the capping...
Forum: Portugal
Apr 11th 2012, 3:32 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

There is a period of 30 days in which an appeal can be lodged and a second valuation requested at a cost to the taxpayer of not less that €204. This second valuation must be made within 60 days of...
Forum: Portugal
Apr 10th 2012, 4:56 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

You can try but I think it is not possible to pay part payments for IMI/IMT.

Best to go to the local Finanças and ask as you say.

Good luck!
Forum: Portugal
Apr 10th 2012, 4:39 pm
Replies: 19
IMI
Views: 2,651
Posted By Biffa

Re: IMI

"Blacklisted" offshore held property will pay a flat 5% of the VP this year in respect of 2011 and a wopping 7.5% next year in respect of 2012!
Forum: Portugal
Apr 10th 2012, 4:37 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

You can delay payment but will end up paying interest. Be careful - delay too long and they will register a charge on your property and eventually sell it!
Forum: Portugal
Apr 10th 2012, 4:32 pm
Replies: 19
IMI
Views: 2,651
Posted By Biffa

Re: IMI

As from 01.01.2012 the old rules established to value existing property will be revoked and there will be a general revaluation of all properties that have not been revalued since 01.01.2004.
...
Forum: Portugal
Apr 10th 2012, 4:29 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

Fiscal rep is no longer obligatory for EU or EEA residents. It is wise however to have someone here minding your back if you are a absentee property owner.
Forum: Portugal
Apr 10th 2012, 4:28 pm
Replies: 49
Views: 10,105
Posted By Biffa

Re: Warning to anyone buying property/land: IMI & Stamp Duty

The IMT payable on any property transfer is taxed at either the declared escritura value or the valor patrimonial (tax departmet value) whichever is the greater.
Forum: Portugal
Dec 20th 2011, 4:50 pm
Replies: 462
Views: 97,360
Posted By Biffa

Re: A22 Toll Road 15th April

Why doesn't everybody just forget the transponders and simply not use the A22?

We managed without the A22 for many years before and that might make the franchise holders and Government think...
Showing results 1 to 25 of 62
 
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