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Tax hike for non residents

Posted: Wed Oct 31, 2012 4:27 pm
by kteee
Apparently the tax on rental income for non-residents will go up from 16% to 28% next year

Re: Tax hike for non residents

Posted: Tue Nov 06, 2012 8:21 pm
by Armacao lover
kteee wrote:Apparently the tax on rental income for non-residents will go up from 16% to 28% next year
Yes,
It is the people who do the right thing, get a license, declare income that suffer. There are so many owners who that don't and their prices are cheaper. As I am licensed I need to clean & change linen after 7 days so 9 & 10 day lettings carry more costs & now I have to allow for extra tax.
Utilities are due to rise yet again.Is it worth it. :(

Posted: Tue Nov 06, 2012 8:27 pm
by kteee
I think a lot of non-resident owners will be thinking the same thing!