Could Portugal be a tax haven for you?
Are you planning to move to Portugal, or thinking about it? Have you been resident here at any time in the last five years? If you answered ‘yes’ to the
Taxation as a Sole Trader
The Simplified Regime The Simplified Regime in Category B (Self Employment) has had massive adherence by sole traders over the years. Currently, 99% of sole traders in Portugal pay their
Impact on Portuguese business activity
There are several government measures that aim at the hiring of workers and trainees, set in motion by the Portuguese Institute of Employment and Vocational Training (Instituto do Emprego e
Pension Lump Sums – A New Second Option
HM Revenue & Customs (HMRC) published its draft Taxation of Pensions Bill on August 6, 2014, covering the new pension freedom that comes into effect on April 6, 2015. Pension
Foretoken demise of the Bond Yield
As stock yields become more attractive than bond yields, is it time to make a flurry and invest in the stock market? If only one had a crystal ball, but
More families paying UK inheritance tax
One of the tax attractions of living in Portugal is the local inheritance tax regime. With spouses and children exempt from this “stamp duty”, a relatively low rate of 10%
2. Social Security for Sole Traders
When you begin an activity as a sole trader, you must be registered with the Social Security if you have not already done so previously. Since 2007, self-employed persons are
UK plans to restrict personal tax allowance for non-residents
The UK government is considering another tax reform which could affect British expatriates, depending on your circumstances. Following on from its plan to charge non-UK residents capital gains tax on
UK pensions – “freedom and choice”
The biggest reforms to UK pensions in almost a century are underway. As more options become available, you need to understand how they affect you and consider what would work
QNUPS: The International Pension Plan
QNUPS – Qualifying Non-UK Pension Schemes – came into existence in February 2010 but were overshadowed by the overhaul of the legislation on QROPS – Qualified Recognised Overseas Pension Schemes