Loures lowers IMI from 0.362% to 0.361% and IRS share from 4.70% to 4.65%, keeping benefits for family households.
Source: Adobe Stock
Author: Redaction
Reduction of IMI for urban buildings
The Municipal Council of Loures approved a reduction of the IMI rate for urban buildings, from 0.362% to 0.361%. The so-called “family IMI” remains, providing discounts for households with dependents: €30 for one dependent, €70 for two, and €140 for three or more.
The IMI rate in Portugal can vary between 0.3% and 0.45%, with municipalities setting the rate within this range. The measure in Loures represents an estimated revenue decrease of €820,000 but aims to support families and make the municipality more attractive for housing.
IRS share and fiscal impact
Regarding IRS, the participation rate drops from 4.70% to 4.65%, staying below the maximum limit of 5%. This reduction aims to balance the tax burden for taxpayers, contributing to higher disposable income for families and encouraging local spending.
At the same time, the Council approved the creation of a municipal surcharge of 1.5% on the taxable profits of companies with a turnover above €150,000, keeping smaller businesses exempt. This measure helps fund municipal services without penalising small enterprises.
Benefits for residents and businesses
The combination of IMI reduction, IRS share adjustment, and the surcharge aims to support both families and businesses in Loures. Families benefit from lower taxes, while medium and large companies contribute proportionally, ensuring the municipality’s financial sustainability.
These changes reflect the concern to balance municipal revenue with direct support for taxpayers, promoting residency, investment, and local economic activity. Adjusting the rates seeks to make Loures more competitive and attractive for housing and business, with positive impacts on residents’ daily lives and the municipality’s economic development.
English
Português
Français
Español
Deutsch
Nederlands
Русский
中文(简体)
