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2 clusters · 7 sources · 1 days · First seen · Last updated

DECO consumer advocacy in Portugal

Overview

The consumer protection association DECO has issued several warnings and policy recommendations regarding property and housing costs in Portugal.

Regarding taxation, the organization warned property owners that they may be overpaying Municipal Property Tax (IMI) due to the Tax Authority failing to automatically update factors like property age and location coefficients. DECO advised owners to use simulators to check for potential savings before requesting formal revaluations, noting that new assessments could inadvertently increase tax burdens.

In the housing sector, DECO urged the Portuguese Parliament to address imbalances in a government proposal to amend urban rental regulations. The association expressed concern over measures that would increase advance rent limits, remove security deposit caps, and reduce the grace period for rent arrears from three months to two. DECO argued these changes could increase rental costs and lead to immediate housing loss for tenants facing temporary financial difficulties.

Entities

Portugal · Impostos Simples · DECO PROteste · DECO · Portuguese Parliament

Timeline

  1. [POLITICS] 2 sources
    DECO urges Portuguese Parliament to balance urban rental law

    Consumer group DECO is calling on the Portuguese Parliament to amend a proposed rental law to ensure protections for both landlords and tenants.

  2. [BUSINESS] 6 sources
    Deco Proteste warns Portuguese property owners of potential IMI overpayments

    Deco Proteste warns that Portuguese property owners may be overpaying IMI due to outdated property valuations and suggests using simulators to check for potential tax reductions.

Sources

4gnews.pt · aeiou.pt · correiomanha.pt · dinheirovivo.pt · dnoticias.pt · postal.pt · pplware.sapo.pt