The prime minister approved an executive order on Tuesday to support rent payments and installment housing loans, the note said, highlighting that these are the first measures of the More Housing Program.
In the same note, the Office of the Chief Executive notes that the “Program + Housing” has been under public discussion since February 16 and “contains a number of fiscal measures that the Government will submit to the Assembly of the Republic.”
The text even emphasizes that, under the provisions of the Constitution, Parliament “has the exclusive power to legislate on this subject for the purpose of creating tax breaks for affordable rentals, reducing the IRS tax for landlords, and easing the VAT rate on the construction and renovation of properties intended for rent in rent, among other tax benefits.
Earlier Tuesday evening, the President of the Republic announced that he had passed a government decree-law that provides for support for rent and home loans, deeming them “necessary and urgent measures” but “regretting that they are no longer being extended.” .
This position of Marcelo Rebelo de Sousa and the adopted decision are contained in a note published on the official website of the Presidium of the Republic on the Internet.
“Since these are necessary and urgent measures to support families, in view of the deteriorating economic and social situation, regretting that they no longer apply, namely through taxation, to other equally very difficult situations, the President of the Republic promulgated the State Charter, which creates emergency support for families to pay rent or provide mortgage agreements.
On Thursday, the head of state promised to urgently decide on the first measures of the government housing package in the form of a decree-law: “If they are urgent, having arrived in Belen, they will naturally be decided, namely, taken urgently.” .
The Decree Law, passed on Tuesday and approved by the Council of Ministers on Thursday, creates an emergency support called “Income Support” and an emergency support for the accelerated increase in mortgage loans, embodied in the “Charge Bonus”.
According to the communiqué of this Council of Ministers meeting, “Income Support” is for tenants with effort rates above 35%, with income up to the IRS Step 6 cap and contracts signed and registered with the Tax Authority by March 15, 2023 will be paid by Social Security with retroactive until January 2023 and can be 200 euros per month.
The “interest subsidy” takes the form of a temporary interest subsidy and is intended for borrowers of loan agreements for the purchase or construction of permanent own housing and is aimed at responding to a rapid change in the underlying index with an impact on one of the main expenses of the family budget.
On Monday during site visits CMTVThe President of the Republic considered that the government housing package, in a global sense, “as it was conceived from the very beginning, is unworkable both at the point of departure and at the point of arrival.”
Marcelo Rebelo de Sousa has broadly equated the package of measures announced by the government (many of which have yet to be approved by the Council of Ministers) to “so-called poster laws” that “kind of proclaim some more pamphlet policy principles, but the idea is not quite that they move on to practice, no, it lies in the fact that posters and posters remain.
Author: Portuguese
Source: CM Jornal
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