There are new deadlines for the payment of the Municipal Property Tax (“IMI”). Instead of running between April and October as before, tax settlement will take place between May and November in 2019. “IMI” is paid in one go or in several instalments, depending on whether taxation is less or greater than €100. May is the month for single assessments when the tax due is under €100; or for the first instalment, in cases where the amount owed is greater. Second payments are in August when “IMI” exceeds €500. Finally, November is for final payments when taxation falls between €100 – €500 or third instalments if the levy is greater than €500.
Beginning 21 November 2017, it will be possible to carry out a money transfer between European destinations without incurring charges in just 10 seconds. Initially, only nine countries will benefit from this facility – Spain, Germany, Italy, Austria, Estonia, Latvia, the Netherlands, Finland and Lithuania. Unfortunately, the list does not as yet include Portugal. However, the initiative will be extended to all EU member states by November 2018.