While Portuguese tax rates have increased on many forms of income, recent changes in legislation have opened a fully compliant strategy that can dramatically reduce tax assessment on short-term lets to holidaymakers as well as levies on property managers.
Rather than paying a minimum of 28% as in conventional rentals, tax on Local Lodging can be less than 4% and property managers can now pay less than 1%.
afpop, the association of foreign residents in Portugal, and euroFINESCO will be presenting this information at a seminar which will cover:
– Distinction between Local Lodging holiday lets and long-term rentals
– A comprehensive overview of compliance requirements
– The appropriate role of Property Managers
– How to maximise occupancy and still pay the legal minimum in tax
The seminar will take place at the Conrad Algarve Hotel in Quinta do Lago on Wednesday, May 7. Coffee and registration will start at 10.15am. The seminar will commence at 11am ending at 12.45pm.
The seminar is open to all at a cost of €15 per person (payable on the day) but is free of charge to afpop members and to euroFINESCO clients and invited guests.
Bookings should be made in advance via the afpop office:
282 458 509 | [email protected]
