In 2026, municipal taxes in Vila Nova de Famalicão will remain unchanged. The proposals for setting the rates for IMI (Municipal Property Tax), the surcharge on IRC (Corporate Income Tax) and the share of IRS (Personal Income Tax) were approved at the municipal executive meeting on 20 November.
The mayor, Mário Passos, speaks of a fiscal package that meets the commitment made to the people of Famalicão in the last election for ‘municipal governance that is family-friendly, but at the same time rigorous, responsible and does not jeopardise the financial efficiency of the municipality’.
‘This decision to maintain municipal tax rates next year, particularly IMI, which is already very close to the minimum rate, is precisely in line with this combination of factors, which we believe is essential for balancing the municipal accounts.’
Regarding the IMI, which fell twice during the last term of office (in 2023 it fell from 0.35% to 0.34%, and in 2024 it fell to 0.335%), the rate will once again be set at 0.335%, very close to the minimum (0.30%), with the local authority maintaining its decision to adhere to the Family IMI, which represents a fixed deduction in the tax amount of 30 euros for families with one dependent, 70 euros for families with two dependents and 140 euros for families with three or more dependents.
As for the municipality's share of Personal Income Tax, the rate in Famalicão will remain at 4.5%.
As for the Municipal Surcharge, the municipality will continue with a rate of 1.2% on company profits, but only for those with a turnover of more than €250,000. All others are exempt from payment.
‘For us, and I believe for families and businesses in Famalicão, the stability and predictability we advocate in tax matters are excellent news and a major factor in security and peace of mind,’ added the mayor.
