“The town Hall of Castelo Branco approved at an extraordinary meeting of the municipal executive the maintenance of the rate of IMI of 0.3%, an application of the minimum rate laid down in the law that the municipality albicastrense maintains there are already several years”, says in a statement the municipality of Castelo Branco.
The executive also approved the application of discounts on Municipal Property Tax (IMI) for families with children.
“THE IMI Family will entail a lump-sum allowance, in accordance with the household. Thus, the deduction will be 20 euros, for families with one dependant, € 40 for families with two dependent and 70 euros for families with three or more dependents,” reads the announcement.
The municipality explains that, after the communication of the decision to the Tax Authority (AT), the mechanism of allocation of the deductions is automatic, without the need for any procedure on the part of the taxable persons who meet the requirements to enjoy this tax benefit.
the Digital Money with Lusa