Portugal to start taxing foreign pensions under NHR
After years of international pressure, the Portuguese government is diluting the tax benefits of the highly favourable non-habitual residency (NHR) scheme. The 2020 budget, due to be confirmed by the
IRS 2019 – Taxation of Income nº3 – Income from Capital – Bank Interest (Category E)
Income is reported in different categories: A) Salaries, B) Sole Traders, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal regardless of its origin.
Are you moving to Portugal this year? Seven tax-saving considerations
If 2020 is the year you are planning to move to Portugal, you have made a great choice. In the InterNations ‘Expat Destinations 2019’ survey, Portugal scored the highest in
IRS 2019 – Taxation of Income nº 2 – Sole traders (Category B)
Income is reported in different categories: A) Salaries, B) Sole Traders, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal regardless of its origin.
IRS 2019 – Taxation of Income | Nº1 – Salaries (Category A)
Income is reported in different categories: A) Salaries, B) Sole Traders, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal regardless of its origin.
Are you sure you have escaped UK tax? Understanding the UK residence test For British
For British expatriates, it is crucial to establish your tax residency and understand how UK rules apply to you, especially as Brexit approaches. It is not just those who have
Robust domestic demand and improving global outlook should support Portuguese economy in 2020
Wander through the cobbled, medieval streets of Silves, the ancient capital of the Algarve, and it is easy to spot the forces likely to drive Portugal’s economy next year. Builders
Resolve to review your financial planning for 2020
The New Year is a time when most of us take stock of our situation and set goals to improve our health, happiness, lifestyle and wealth. This year make it
What did 2019 bring for UK nationals in Portugal?
As 2019 draws to a close, this is a good time to reflect upon the last 12 months before looking forward to the year ahead. What happened that may have
Right place, wrong taxes
Imagine this scenario: you are a British expatriate living in Portugal, enjoying the lifestyle you have dreamed about. Then you receive a letter from your local tax office claiming you