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Economy

Home Economy Page 17

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Widening your horizons makes sense when it comes to investing

Home bias is a concept long known to football fans, who have long been convinced that referees favour clubs playing at home, especially when they are supervising games involving rich

April 13, 2021by Anthony BeacheyIn Economy

Deadline for regularisation by AT (tax authority)

Law number 7/2021 of February 26 reinforced taxpayer guarantees and simplified tax procedures, having amended the General Tax Law, the Tax Procedure and Procedure Code, the General Tax Violations Regime

April 11, 2021by Dr Eduardo Serra JorgeIn Economy

Will your pensions get caught in the lifetime allowance trap?

One key outcome of March’s UK Budget was that the pensions lifetime allowance (LTA) was frozen at its current level for at least the next five years. This measure is

April 9, 2021by Adrian HookIn Economy
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IMF “duplicates pessimism over Portugal”

The IMF has ‘duplicated’ its already negative estimate over the size of Portugal’s deficit this year. The last projection was for 2.7% (while the Portuguese government itself was working on

April 6, 2021by Natasha DonnIn Deficit, Economy, IMF
Algarve 2030 invests €10 million in higher education technical courses

IRS 2020 – Nº 3: Education expenses

The IRS code allows a 30% credit for costs of education with an upper limit of €800 for family members. You can claim tuition and school fees. However, expenses that

March 30, 2021by Dennis Swing GreeneIn Economy

Tech Investing – no escape

Technology is involved in one way or another in almost everything in Western society. We use social media for social contacts, robots are used in factories to do the monotonous

March 28, 2021by Portugal ResidentIn Economy

UK Budget 2021: What are the implications for you?

While there was little in the way of immediate changes in the latest UK Budget, the freezing of some allowances is set to increase tax bills in the long run.

March 26, 2021by Mark QuinnIn Economy

IRS 2020 – Nº 2: Medical Expenses

How can I save on my taxes? Of all the credits and deductions available, medical expenses are customarily the single largest for most taxpayers. In 2020, the tax credit is

March 21, 2021by Dennis Swing GreeneIn Economy

Why it’s time to ‘think local’ for your financial planning

In these times of restrictions and lockdowns, our worlds have become a lot smaller. Whether this will have a long-term effect on your travel, lifestyle and shopping habits will be

March 16, 2021by Dan HendersonIn Economy
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IRS 2020 – Nº1: General Expenses – an overview

To make the most of the interactive tax system, you should give your tax number (NIF) on invoices for any expense in order to be entitled to the following tax

March 14, 2021by Dennis Swing GreeneIn Economy
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