Search found 170 matches

by Sheila
Mon Jul 11, 2022 10:36 am
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local - Simplified regime
Replies: 2
Views: 1615

Re: Alojamento Local - Simplified regime

no we have functioned under the simplified regime for the last five years and are still letting in the same way. we were considering not letting next year if they don't sort this out but does that mean we would have to pay capital gains? and what would it be based on? we are not in a condominium. we...
by Sheila
Sun Jul 10, 2022 6:15 pm
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local - Simplified regime
Replies: 2
Views: 1615

Alojamento Local - Simplified regime

I've always been taxed under the simplified regime. This year when I made my IRS declaration it correctly showed a taxable income of 2404 which is 35% of my gross income. However when I received my bill it was for 28% of the gross figure not the taxable income shown in the PDF. Has the simplified re...
by Sheila
Thu Apr 07, 2022 4:00 pm
Forum: Property owners forum / Portugal living.
Topic: IVA registration threshold for AL
Replies: 0
Views: 2696

IVA registration threshold for AL

Does anyone know if the threshold for compulsory registration for IVA is still 10000 Euros for 2022 or has it increased?
by Sheila
Mon May 27, 2019 3:48 pm
Forum: Property owners forum / Portugal living.
Topic: IMI
Replies: 14
Views: 11429

Re: IMI

You can still pay it May in one go if you want to. I cant remember how i did it but there is a button online that gives you the full amount and a different ref.
by Sheila
Mon May 27, 2019 2:43 pm
Forum: Property owners forum / Portugal living.
Topic: Solarventi
Replies: 1
Views: 2377

Solarventi

Has anyone installed Solarventi panels to help combat dampness and mould during the winter when the house is unoccupied?
by Sheila
Thu Jan 24, 2019 3:47 pm
Forum: Property owners forum / Portugal living.
Topic: IRS Declaration
Replies: 5
Views: 3561

Re: IRS Declaration

Ok. Thanks. Is it very complicated? I only have villa rental earnings to declare and I understand there's no need for expenses because they just charge a flat rate of the gross.
by Sheila
Thu Jan 24, 2019 9:44 am
Forum: Property owners forum / Portugal living.
Topic: IRS Declaration
Replies: 5
Views: 3561

Re: IRS Declaration

Thank you. I read somewhere you have to fill it in in May. Can I do it before?
by Sheila
Wed Jan 23, 2019 8:21 pm
Forum: Property owners forum / Portugal living.
Topic: IRS Declaration
Replies: 5
Views: 3561

IRS Declaration

Can the IRS Declaration be completed online in the finances portal?? If so can anyone tell me the menu path please. Thanks
by Sheila
Tue Jan 01, 2019 5:32 pm
Forum: Property owners forum / Portugal living.
Topic: Alojamento Local
Replies: 24
Views: 12226

Re: Alojamento Local

Having entered all my invoices on the Financas web site will they just bill me for 8.75% tax of the total or is there something else i have to do?

If it's done automatically where do i go on the web site to find my bill and pay it?

Thanks for any help in advance.
by Sheila
Thu Jul 19, 2018 11:39 am
Forum: Property owners forum / Portugal living.
Topic: Invoicing for villa rental
Replies: 13
Views: 8636

Re: Invoicing for villa rental

ok. Thanks

I wasn't sure whether to choose Fatura or Fatura ou Recibo. The last 2 options only appeared when i chose Fatura ou Recibo so i guess i can forget that and just use the Fatura option when i only have to worry about the IVA .
by Sheila
Thu Jul 19, 2018 9:15 am
Forum: Property owners forum / Portugal living.
Topic: Invoicing for villa rental
Replies: 13
Views: 8636

Re: Invoicing for villa rental

You will need to establish a euro-denominated value for each transaction by a consistent method (I just transfer the Sterling amount to euros using TransferWise when I get paid and use that) and once you've done that, you can just issue an online invoice at https://irs.portaldasfinancas.gov.pt/reci...
by Sheila
Sat Jun 23, 2018 8:09 pm
Forum: Property owners forum / Portugal living.
Topic: Shutter price
Replies: 0
Views: 1737

Shutter price

Any ideas of a price for a 3.2m X 2.2m shutter. We have been invoiced 800 euros for a repair which sounds like the price of a whole new shutter to me.

Maybe a genuine mistake?

I have queried it with the company but just doing a bit of research for back up.
by Sheila
Sun Jun 17, 2018 10:20 pm
Forum: Property owners forum / Portugal living.
Topic: Invoicing for villa rental
Replies: 13
Views: 8636

Re: Invoicing for villa rental

bjay wrote: Sun Jun 17, 2018 4:39 pm Hi Sheila
It's left my outbox so you should get it soon.
Thank you. I have it now.
by Sheila
Sun Jun 17, 2018 7:19 am
Forum: Property owners forum / Portugal living.
Topic: Invoicing for villa rental
Replies: 13
Views: 8636

Re: Invoicing for villa rental

bjay wrote: Fri Jun 15, 2018 12:52 pm Hi Sheila
I've sent you a pm
Still haven't received it.
by Sheila
Sat Jun 16, 2018 8:09 am
Forum: Property owners forum / Portugal living.
Topic: Invoicing for villa rental
Replies: 13
Views: 8636

Re: Invoicing for villa rental

That sounds simple enough for the Portuguese tax system. Except I don't want to send all the money to my Portuguese account. Is it ok if I just get the figure from TransferWise but don't actually continue with the transaction as then there will be no record of the exchange rate. As far as the Englis...