Letting – tax increase from 5% to 28
The plan to encourage many private providers to legalise their holiday homes and register them as AL has worked quite well with taxation on letting at only 5%
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tax
Lagos reduces Municipal Property Tax (IMI) of rental apartments, but only for those who request it.
Applications may be submitted until 30 November. Homeowners in Lagos have until 30 November to submit applications for IMI reduction
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