The new ‘Simplex Urbanístico’
Decree-Law 10/2024, of January 8, is part of the “Simplex Urbanístico” (Simplex Urban Planning) and is made up of a set of 26 measures that aim to simplify, modernize and
It’s time to submit your income tax return in Portugal
The deadline for submitting income tax returns in Portugal is approaching on June 30. This marks the final date for declaring all income from the 2023 tax year, including pensions,
UK tax update for British expatriates in Portugal
Following the UK spring budget in March and start of the new tax year in April, we look at changes and announcements that may affect British retirees in Portugal. Tax
Protecting and growing your wealth
Five key elements for successful investing Whether you have capital to invest, or it is time to review your portfolio to make sure it is on the right track, there
Responsible investing – earning returns while helping the planet
We are all becoming increasingly aware of the effects of climate change and its impact on the planet and society. 2023 was the warmest year since global records began in
Simplifying the company incorporation process – “Empresa Online 2.0”
The “Empresa Online 2.0” aims to reduce bureaucracy and simplify the process of setting up companies. The new platform takes around 10 minutes to set up a company. This is
Portuguese capital gains tax – understanding the main home and reinvestment reliefs
Will you have to pay Portuguese capital gains tax when selling a property? In Portugal, only half the gain is liable to tax and the main home is generally exempt.
The UK Spring Budget – how could it affect expatriates?
UK Chancellor Jeremy Hunt delivered his Spring Budget 2024 to parliament on March 6. Expected to be his last budget before the next General Election, it included various changes to
The UK tax residence test and expatriates
Are you sure you have escaped UK taxation? You may be settled in Portugal, but if you spend time in the UK each year or retain property there, you could
No more NHR. Now what?
Since 2012, many individuals have benefited from the Non-Habitual Residency (NHR) status which has afforded them substantial tax benefits over a period of 10 years. At the end of 2023,