IRS Declaration

Share experience regarding ownership of property and/or living in Portugal.
Post Reply
Sheila
CVO Senior
CVO Senior
Posts: 174
Joined: Sun Oct 29, 2006 10:42 am
Location: Ferndown and Monchique

IRS Declaration

Post by Sheila »

Can the IRS Declaration be completed online in the finances portal?? If so can anyone tell me the menu path please. Thanks
RichardHenshall
CVO Senior
CVO Senior
Posts: 317
Joined: Tue Oct 19, 2010 12:21 am

Re: IRS Declaration

Post by RichardHenshall »

Sheila
CVO Senior
CVO Senior
Posts: 174
Joined: Sun Oct 29, 2006 10:42 am
Location: Ferndown and Monchique

Re: IRS Declaration

Post by Sheila »

Thank you. I read somewhere you have to fill it in in May. Can I do it before?
RichardHenshall
CVO Senior
CVO Senior
Posts: 317
Joined: Tue Oct 19, 2010 12:21 am

Re: IRS Declaration

Post by RichardHenshall »

You can only submit a return once the system allows it. If you try now, you'll see that the most recent year available is 2017. The opportunity to file 2018's return will probably become available in April-ish.
Sheila
CVO Senior
CVO Senior
Posts: 174
Joined: Sun Oct 29, 2006 10:42 am
Location: Ferndown and Monchique

Re: IRS Declaration

Post by Sheila »

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.
RichardHenshall
CVO Senior
CVO Senior
Posts: 317
Joined: Tue Oct 19, 2010 12:21 am

Re: IRS Declaration

Post by RichardHenshall »

If it's your first IRS return it's more difficult. You will need to understand and declare the appropriate figures to answer the "Houve afetação de imóveis a atividade empresarial ou profissional?" question in Anexo B and work out how to complete the Anexo SS. Seeking professional help and advice might be beneficial long-term.
Post Reply