POUPANÇA NO MINUTO
CLASSIFICADOS AUTO
From debt to seizure, here is what happens when you don’t pay the Tax Office
Learn what happens, step by step.
© Shutterstock
Economia Finanças
Debts to the Tax Authority should be avoided and DECO PROteste advises that "if you can, always pay", since "the Tax Authority can become that enemy you don't want to have, who charges for the default until the seizure".
![Google Play Download]()
![Apple Store Download]()
From debt to seizure, here is what happens:
- 1st Collection notice: is the document you receive with information on the amount and the term available to pay a specific tax and its payment methods.
- 2nd Default notification: the Tax Authority informs you that you are in an irregular situation and allows you to settle the debt, with interest and other costs.
- 3rd Beginning of tax enforcement: you are notified, by letter, of the opening of the tax enforcement process and its consequences. You can still pay, with default interest and other charges (court fees and others). The default interest rate, set annually by the Treasury and Public Debt Management Agency – IGCP, is set at 8.876 percent and has risen in recent years. It applies to debts to the State resulting from contributions, taxes, fees and other levies, the payment of which occurs after the deadline for voluntary payment.
- 4th Seizure: with or without notice, movable or immovable property, or even rights and income, are seized. In the absence of seizable values, the process is suspended three months later, until assets appear.
- 5th Sale of seized assets: in the case of movable or immovable property, you receive a notice that the assets will be sold and that you have a last chance to settle the debt, before the sale.
Read Also: This is what happens if you do not pay your debts to the Tax Authority (Portuguese version)
Descarregue a nossa App gratuita.
Oitavo ano consecutivo Escolha do Consumidor para Imprensa Online e eleito o produto do ano 2024.
* Estudo da e Netsonda, nov. e dez. 2023 produtodoano- pt.com
Recomendados para si
Classificados Auto
Leia Também
Últimas Notícias
patrocinado por Betclic
patrocinado por Santogal
Mais lidas
- Última hora
- Dia
- Semana
-
1
economia Aeroporto
Zero diz que aumento da capacidade do aeroporto é risco grave para Lisboa
-
2
-
3
