Portugal: APFN provides simulators and information on taxes and specific access conditions for large families

Since its creation, the Portuguese Large Families Association (APFN) has elected as one of its first and main flags the defense rights of the rights of families with two or more children, to ensure greater equity in tax and consumer treatment.

In Portugal, the tax system is complex as well as the access to some measures with specific application for large families, which is why APFN annually develops mechanisms to facilitate and help families plan their finances.

In this sense, in January, APFN launches the IRS (Personal Income Tax) simulator, for income earned in the previous year. This tool allows families to estimate whether they will receive a refund from the IRS or whether they will have to pay any additional taxes.

Regarding the Municipal Property Tax (IMI), there is also an APFN tool for families to immediately check the amount they will pay if they own a house. IMI is a municipal tax and must be paid every year. It is the local authorities that determine the rate annually. In the same tool, APFN also informs families about the existence of Family IMI in their municipality and how they can benefit from it.

When purchasing a vehicle, large Portuguese families may be entitled to a 50% exemption from vehicle tax (ISV) in the purchase of a light vehicle with a capacity of more than five seats. APFN also dedicates space to this tax on its online platforms.

Water, being considered an essential consumer good to families, also deserves a close look from APFN and for that the association has developed a platform where families can consult, whether the locality where they live, provides a family tariff for access to water and what they can do to join.

Concerning the energy, APFN informs each electricity service provider, as well as how families can request a VAT (Value Added Tax) reduction.

In a Europe and in a world with so many uncertainties, the APFN wants to continue in 2022 its mission of defending the rights of large families.

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