Wednesday, April 1, 2015

April is the month of taxes – Business Journal – Portugal

The month of April brings the first period for payment of the IMI (Municipal Property tax), this year without the safeguard clause. It is also the month to deliver, via the Internet, the IRS statement for those who work for others and pensioners.

The month of April is tax synonymous. It is the month in which the IMI (property tax) has to be paid, whether the single supply either the first installment for those who have a payable above 250 euros.

This year New in IMI is the absence of the safeguard clause, usually in force since 2011 and that prevented the tax increase was more than 75 euros. The clause ceased to exist, so the owners have already anticipated some runs tax payable.

For those who pay up to 250 euros have to do in one installment during the month of April. For those who have an IMI between 250 and 500 euros can do it in two installments (April and November) and above 500 euros are three payment installments (April, July and November).

It is also April workers for others and pensioners have to deliver the tax return via the Internet, if they have not done on paper during the month of March. It is the last chance not to pay a fine. According to the Morning Post were 420,774 taxpayers who made the submission of the declaration on paper, a number that has declined.

This Wednesday, April 1, begins delivery via the Internet. The self-employed have the month of May to do so. According to the Morning Post the government intends to accelerate the IRS refunds, promoting a period of 20 days.

The IRS declaration is for the year 2014 and therefore does not have in place the rules of the IRS reform. Continue to be deductible health expenditure, health insurance, education, costs of housing, homes, PPR, independently.

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