Monday, April 13, 2015

Finance will come back to review the value of buildings and homes – Daily News – Lisbon

Finance will again review the tax value of the property. According to the Journal of Business, the finance experts are already in the process of review the zoning and location coefficients of urban buildings These factors, along with others, can calculate the taxable value of properties. The end result will impact taxes payable by the owners .

The review relates to a redefinition of zones and prices on the real estate market in recent years, that due a general stagnation of the market, have changed a lot. It is expected that in late summer already has completed this review, so that the National Commission on Urban Buildings Assessment to draw up a map with the new zoning, which is submitted to Government approval. The results of the new zoning should, in 2016, apply to 2015 taxes.

The zoning is to divide a municipality in different areas according to various criteria, including the values ​​of the real estate market in this area, transport or accessibility. According to the assessment of such criteria is attributed to the area a coefficient of location, which is included in the calculation of the value of the property, over which the IMI, property taxes.

The Business explains that You can not predict with certainty how this revaluation will affect the buildings, but to be expected that some devalued areas and that, with increases will be mild.

However, these not new location coefficients will automatically apply to all properties . To qualify for owners will have to ask that the book value of the building is upgraded, with the Finance . This can be done in the Finance Portal itself, where the owners can know whether there were significant changes in the asset value of your property, to decide whether it is worth asking an update. If the change does not favor the fiscally and the owners decide not ask for the update, if not record tax increase.

LikeTweet

No comments:

Post a Comment