IMI Tax

Share experience regarding ownership of property and/or living in Portugal.
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sanreen
CVO Senior
CVO Senior
Posts: 164
Joined: Fri Nov 16, 2007 5:55 pm
Location: Scotland/Carvoeiro

IMI Tax

Post by sanreen »

Could someone tell me if IMI tax is paid in April for the year. We have been asked for an amount X 2. Dont know if this is for both my husband and I or for the April and September amounts. Is IMI tax paid per person or per property. This is the first time we have had a bill as we are new owners. Any advice would be appreciated. Thank you. :?
Barry
CVO Master
CVO Master
Posts: 683
Joined: Thu Jan 13, 2005 5:15 pm
Location: Cotswolds & Carvoeiro

Post by Barry »

Sanreen,
IMI is paid twice a year in April and September. If your property is in joint names you will both receive a bill, so you can both pay your share. :)
sanreen
CVO Senior
CVO Senior
Posts: 164
Joined: Fri Nov 16, 2007 5:55 pm
Location: Scotland/Carvoeiro

Post by sanreen »

Barry,
Thanks for your reply. Another question, sorry, is IMI tax paid in advance or arrears. Could someone explain how I can work out how much my tax should be for an apartment in Carvoeiro.
ceh
CVO Master
CVO Master
Posts: 699
Joined: Sun May 14, 2006 6:39 pm
Location: Reading & Caramujeira

Post by ceh »

I'm also about to pay it for the first time and the information I had from my solicitor says it's in arrears
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