About 240 municipalities will apply the IMI family discount, and the value of this deduction to be applied in 2024 is higher and amounts to 140 euros for those who have three or more family members.
According to the available information that can be consulted on the Finance Portal, 237 municipalities have notified the Tax Authorities (AT) of their intention to grant families with dependents the discount that will allow them to reduce their IMI invoice. It should be noted that no information is available for 23 municipalities.
The IMI discount has so far amounted to 20, 40 and 70 euros, depending on whether there are one, two, three or more dependents respectively. These values were reinforced under the law on more housing, which came into force in October, and have increased to, in the same order of dependents, 30, 70 and 140 euros.
These new values will be applied in 2024, when owners will be asked to pay the 2023 IMI.
The discount is applied after the calculation of the IMI, i.e. the value resulting from the application of the tax rate in force in the municipality to the taxable value of the property.
The family IMI was first applied in 2016 (for 2015 tax), with a discount percentage granted depending on the number of family members.
The following year the model was changed and replaced by a fixed discount amount per dependent, and is now undergoing another change.
According to the IMI Code, it is up to municipalities, after deliberation of the municipal council, “to determine a reduction in the rate of municipal real estate tax in force in the year to which the tax relates, to be applied to the building or part of a municipal building intended to house the taxpayer’s own and permanent property or his/her household, and which is actually intended for this purpose, taking into account the number of dependents who, under the conditions of the IRS Code, the respective household”.
This decision must be communicated to AT no later than December 31 of the year to which the tax relates. Before that, until September 15, the AT will send to the municipalities the number of households with one, two and three or more dependents who “have a tax residence in their territorial area in a building or part of a building intended for their own permanent housing”.
Data from the Finance Portal also shows that 176 local authorities will apply the minimum IMI rate next year, i.e. 0.3%.
It should be noted that of the 23 municipalities for which no information is available, the majority have applied the minimum rate in 2023, meaning the total number will exceed 176.
Although the group of municipalities with a minimum rate is relatively stable compared to 2023, there are also new entries: this is the case, for example, in Entroncamento or Vila Viçosa, which reduced rates to the level of 0.3%.
Source: DN
