A warning from Down Under on the perils of chasing the dragon’s money
Australia’s once-close ties with China have fractured and its citizens are being told to prepare for war as China becomes increasingly aggressive. Portugal is one of Europe’s largest per capita
Should you keep hold of UK investments in Portugal?
Expatriates often prefer to keep UK investments like Premium Bonds, ISAs, savings accounts, bonds and shares, but do they make financial sense for residents of Portugal? However well we have
US taxpayers automatically qualify for filing postponement
Taxation of US citizens The US government imposes income tax on US persons based on their worldwide income, not residency. The following are considered to be US persons for tax
Make sure your money lasts as long as you do: five questions to ask
As life expectancy increases, so does the length of time needed to stretch your income in retirement. Taking the right steps now can help you afford the lifestyle you want
IRS 2020 – Nº 6: Donations to Charity
Tax Credits for charitable gifts for individuals are based on the “Estatuto de Mecenato” (Patronage Statutes), which divides contributions according to the nature of the charity. The amount of the
How are your savings protected?
What level of protection do banks offer? We outline the bank deposit guarantee schemes in the EU and UK. When you have worked hard to build up your savings, it
Tax sting for EXPATS returning to UK – here’s what you need to know
Last week, UK Chancellor Rishi Sunak announced that British citizens who are not residents of the UK and live overseas may qualify to vote on an ‘indefinite basis’ in any
IRS 2020 – Nº 5: Health insurance and other expenses
Fifteen percent of health insurance premiums are now eligible to be added to general medical expenses. The combined maximum limit for the tax credit for both medical expenses and health
IRS 2020 – Nº 4: Tax credits for housing
The IRS tax code offers partial tax credits for housing costs within Portugal. Unusual in the international context is the fact that domestic legislation affords similar treatment to mortgage, leasing
Finance minister promises ‘strong relaunch of Portuguese economy” with no increase in taxes
Finance minister João Leão presented Portugal’s four-year Stability Programme today, pledging the PS government will not be adopting austerity measures, or increasing taxes, to get through the crisis caused by