IRS 2019 – Taxation of Income | Nº1 – Salaries (Category A)
Income is reported in different categories: A) Salaries, B) Sole Traders, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal regardless of its origin.
Are you sure you have escaped UK tax? Understanding the UK residence test For British
For British expatriates, it is crucial to establish your tax residency and understand how UK rules apply to you, especially as Brexit approaches. It is not just those who have
Robust domestic demand and improving global outlook should support Portuguese economy in 2020
Wander through the cobbled, medieval streets of Silves, the ancient capital of the Algarve, and it is easy to spot the forces likely to drive Portugal’s economy next year. Builders
Resolve to review your financial planning for 2020
The New Year is a time when most of us take stock of our situation and set goals to improve our health, happiness, lifestyle and wealth. This year make it
What did 2019 bring for UK nationals in Portugal?
As 2019 draws to a close, this is a good time to reflect upon the last 12 months before looking forward to the year ahead. What happened that may have
Right place, wrong taxes
Imagine this scenario: you are a British expatriate living in Portugal, enjoying the lifestyle you have dreamed about. Then you receive a letter from your local tax office claiming you
New Financial Support Measure
With the publication of Ordinance number 323/2019, of September 19, which created the CONVERTE+ measure, employers are now granted access to temporary financial support for the conversion of fixed-term employment
Three mistakes to avoid when estate planning for Portugal
Estate planning always needs careful consideration but is even more important for expatriates, who face two key complications. First, there is the legal element – will your will work as
Weekly Update 6th December 2019
A near miss for sterling GBP: Takes second place on election optimism The UK economic data were far from stunning. Consumer confidence, which has not been above zero for three
Don’t count on making money out of the coming transport revolution
New technologies will revolutionise the auto industry in the coming years but will investors make any money from this transformation? Driving can be a hazardous affair in Portugal. I have