IRS 2014: Procedures: nº4 – Filing Exemptions
Before 1989, a conscientious foreign resident wanting to declare income from abroad would have been turned away at the local Finanças office. The reason was quite simple: under the former
Exchange of information and the end of financial privacy
There has been talk about this for years. You may have seen our articles covering developments, with the EU, UK, G5, G8, G20, Organisation for Economic Cooperation and Development (OECD)
Do you own UK property? Changes to capital gains tax for non-residents
Do you own property in the UK? If you do, and are not resident there, you need to be aware of changes to capital gains tax coming in from April
I have retired – time to move abroad
I’ve spent the last 40 years working and saving – so what’s next? Should I remain in the UK or consider pastures new? Well, someone once said “the grass is
Interesting times for expatriates in Portugal
You have probably heard the so called ancient Chinese saying “may you live in interesting times”. It sounds like a blessing but is actually a curse. It is, in fact,
Trusts: good reasons to never make a change
Whilst you may already have a fiduciary structure, they are currently the hot topic for the Portuguese resident. Changes in legislation have been linked in the English press to trusts
Your domicile status and liability to UK inheritance tax
One of the most financially damaging taxes facing wealthier British families is UK inheritance tax. Living in Portugal does not automatically protect you from inheritance tax since liability does not
|| IRS 2014 Procedures nº 2 – HOW, WHEN AND WHERE TO FILE
In the “good old days”, many were exempt from submitting IRS tax forms. However, the law changed some time ago and now the overwhelming majority of foreign residents must declare.
HSBC have failed advising the difference between tax avoidance and tax evasion to their clients
This theme has been played out and debated over centuries. Two thousand years ago Jesus was reported to have said “Give back to Caesar what is Caesar’s and to God
IRS 2014 – Procedures nº 3 – NON-RESIDENTS AND FILING REQUIREMENTS
Non-residents are taxable on income and gains within Portugal. When the paying entities are resident or assets located within or services performed in Portugal, then the following examples of income

