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Rental licence |
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cubsur 
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Joined: 26/January/2006 Status: Offline Points: 26489 |
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 Posted: 28/April/2015 at 11:28 |
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This page contains links to the various presentations made at a big seminar in Tavira last week and will prove useful to those of you grappling with the new requirements.
http://www.safecommunitiesalgarve.com/crime-prevention-advice/property/ They are at the bottom of the list. |
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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Super Bock
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Posted: 28/April/2015 at 20:31 |
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Hi do you need this licence even for long term rentals ie 6 months?
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peteknopp
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Posted: 28/April/2015 at 20:45 |
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I would imagine so as the bottom line is collection of tax on money earnt.
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peteknopp
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Posted: 28/April/2015 at 20:54 |
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http://algarve.angloinfo.com/information/lifestyle/local-tourism/rules-on-renting-out-holiday-accommodation/
might help + another link at bottom of article
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bob d
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Posted: 28/April/2015 at 22:23 |
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Super Bock - yes you do.
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we're not brazil we're norn iron
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Super Bock
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Posted: 29/April/2015 at 06:56 |
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Thanks we were thinking of renting our apartment out over the winter as we don't come out as often now due to flight availability
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jkapatel
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Joined: 30/April/2015 Location: Vale Pedras Status: Offline Points: 3 |
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Posted: 30/April/2015 at 09:44 |
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I have a rental licence that was issued in May 2009. Is it still valid under the new rules or do I need to get a new one issued.
Thanks for your help. |
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cubsur
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Posted: 30/April/2015 at 11:12 |
Probably not valid since you won't be registered in the new system. To be sure, contact the official body mentioned in the previous posts. http://algarve.angloinfo.com/information/lifestyle/local-tourism/rules-on-renting-out-holiday-accommodation/ |
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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jkapatel
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Posted: 01/May/2015 at 09:48 |
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Thanks. Will check it out.
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wendyhsmith
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Posted: 14/June/2015 at 10:19 |
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If any crimes are committed by those foreign citizens causing inhumane and degrading conditions, endangering life, causing serious harm to body or death, the establishment owner shall be punished with imprisonment of 2-8 years. Imprisonment for 1-4 years? Crikey. Surely not.... Minimum fine of €100,000. You what?
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alan&alice
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Joined: 07/May/2006 Location: albufeira Status: Offline Points: 1384 |
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Posted: 27/July/2015 at 05:18 |
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Hi folks,any ideas on what happens if you have no rental income in portugal but are registered?
any income that will possibly be recieved by us will be in the uk(in theory declared to uk ir) ;-). thanks |
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http://www.holidaylettings.co.uk/rentals/albufeira/481652
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Richardk
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Posted: 27/July/2015 at 08:17 |
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Hi Alan & Alice
You need to pay tax in Portugal first then pay any extra that may be due in UK. This is because the asset is in Portugal but at least you offset Portuguese tax against your UK tax. I would take full advice as the costs of getting it wrong are increasing |
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Norm55
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Posted: 27/July/2015 at 08:32 |
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Bit confused by last two posts. I have rental properties in UK and complete on line tax return here. For my Portugal property i have an accountant as noted above.
Portuguese income appears in my UK account but HMRC would not be in interested as i can account for it as a tax payer in Portugal If you have no income in Portugal why pay tax over thare? Apologies iff got it wrong Also one thing i have not got my head round yet is NI contributions I am not in receipt of UK pension but nor do i now pay NI contributions ( i am 60 this year, have paid enough). Been told have to either start paying them or pay in Portugal |
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Algarveaddick
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Posted: 27/July/2015 at 12:07 |
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Who told you that Norm?
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Norm55
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Posted: 27/July/2015 at 12:24 |
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Which bit did you refer to AD?
My accountant in Portimao told me about NI stuff As regards taxable income as eu countries we have a reciprocal agreement with Portugal |
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jkapatel wrote: