Mortgage misery
More than 181,000 families were in states of default over mortgage payments in Portugal last year. The news came this week when the Bank of Portugal revealed its latest figures
The UK Budget: how does it affect you? || Part 1
The UK Chancellor of the Exchequer, George Osborne, delivered his Budget to Parliament on March 19. By far the biggest surprise was the announcement of a complete overhaul to the
The end of financial privacy
Over the last 15 years we have reported on a number of new initiatives to clamp down on offshore tax evasion, each one whittling away at financial privacy as we
SIREVE: support for companies in financial difficulty
SIREVE integrates the set of strategic measures undertaken by the government for the revitalisation and restructuring of companies. It aims to improve the conditions for the recovery of companies in
Taxation of Income
Income received by a resident is broken down into different categories: A) Salaries, B) Self-Employment, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal
Portugal tax in 2014
2013 saw the biggest tax hikes in modern history come into effect in Portugal, considerably increasing the tax burden for Portuguese residents. The 2014 Budget did not include similar tax
Wealth creation and management – five key elements for success
In our view, there are five key aspects that you need to address to ensure you obtain the optimum investment portfolio to suit you and your particular situation: 1. Right
HMRC are back … to a pension pot near you
Just when you thought it might be safe…. the Lifetime Allowance will drop from £1.5m to £1.25m in April of this year. Not a problem, I hear you cry …
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 next year.
TAXATION OF INCOME
Income received by a resident is broken down into different categories: A) Salaries, B) Self-Employment, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal