New measures in the context of housing policies
The Law No. 56/2023, dated October 6, which constitutes the “Mais Habitação” program, has brought about changes to the Local Accommodation (LA) regime, signalled the end of Golden Visas, affected the rental prices in new lease contracts, modified eviction procedures, and affordable rental programs, and has also promoted significant revisions in terms of Property Tax (IMI) and Income Tax (IRS).
In the coming days, we will conduct a more detailed analysis of the various legislative changes approved, which will have an impact on families and businesses, and entail noteworthy alterations in the realm of income taxes, property taxes, tax incentives, and Value Added Tax (VAT).
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[Photo by: Zeynep Sümer, available at unsplash.com]