Landlords are required to report their urban property rental contracts to the Tax Authority (AT) by February 15th in order to qualify for Personal Income Tax (IRS) discounts.

Since the start of the year, January 1st, owners must report:

  1. residential contracts dated before 1990 and
  2. non-residential contracts signed before 1995.

This declaration must be submitted through the Finance Portal, where landlords can also check the calculation of the property tax value applicable to their properties.

Legislation enacted in 2019 allows for a reduction in the IRS rate to below the usual 28%, depending on the lease duration.

Tax Department

Sofia Quental | Inês Grácio | Flávia Almeida | Catarina Amaral