Tax on property rental

Share experience regarding ownership of property and/or living in Portugal.
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widge
CVO Legend
CVO Legend
Posts: 3000
Joined: Fri Dec 03, 2004 9:02 am
Location: Bristol & Sesmarias

Re: Tax on property rental

Post by widge »

Just received my adjusted tax bill for 2012 having applied the new rules on what is allowed as deductible expenses. Net result an additional €2300 making the grand total of €3500 for the year.

This year I will be applying the new rules for business & expect to pay significantly less even after accountants fees and late application fines.
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