IMI (Municipal Property Tax) exemption in Portugal can be automatically assigned by the Tax and Customs Authority (AT) based on available tax data. Here are the main aspects of how this exemption is automatically assigned:
Criteria for Automatic Assignment
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Household Income:
The exemption is granted automatically if the gross annual income of the household is less than 2.3 times the annual value of the Social Support Index (IAS). For 2024, this corresponds to approximately 16,398.17 euros.
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Taxable Patrimonial Value (VPT):
The global VPT of the household’s properties cannot exceed 10 times the annual IAS value, which is approximately 71,296.4 euros for 2024.
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Property Use:
The property must be intended for own and permanent residence for the exemption to be automatically assigned.
Assignment Process
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Tax Data:
The Tax Authority uses data provided in the annual IRS declaration to automatically verify if the criteria for exemption are met.
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No Request Required:
When the criteria are met, the exemption is applied automatically, and the taxpayer does not need to submit a formal request to the Tax Service.
Exception Situations
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Complaint:
If a taxpayer who meets the criteria receives an IMI payment notice, they must file a complaint with the Tax Service to correct the situation.
Automatic assignment of IMI exemption simplifies the process for qualifying taxpayers, ensuring that those entitled to the benefit receive it without the need for additional procedures.