UK resident status
Make sure you check the detail TO ENSURE that one is not UK resident for tax purposes, it is usual to follow Revenue guidance and limit return visits to less
Recent changes to UK law and the expatriate
The five year rule Several years ago, rules were introduced whereby an individual who became a non-resident of the UK could avoid UK capital gains tax as long as they
Setting up a company in Portugal has never been quicker…
ON JANUARY 1, 2006, new rules regarding the simplification of incorporating and registering a company in Portugal will come into effect on a general basis. Until then, an experimental application
Starting a business in Portugal – Part five
VAT and the sole trader AS IS the norm throughout the European Union, all business transactions are potentially subject to IVA (value added tax). The key points relevant to the
Life under the UK taxman
Orwellian bureaucracy? There are many reasons why British nationals choose to retire in Portugal. Leaving the UK taxman behind is just one of them, one which has become less valid
A slow and steady path to wealth
EQUITIES – VERY popular with some, much maligned by others. A get-rich-quick tool or a lose-money-quick tool? Is investing in the stockmarket wise … or foolish? Debating the pros and
Starting a business in Portugal – Part four
You and social security THE MONTHLY amount that you must contribute to Social Security is based on your anticipated income, which you select from an 11 level table. The lowest
Where your currency exchange is concerned…
Where your currency exchange is concerned – don’t watch it, limit it! NEXT TIME you have to get up early for an appointment or to catch a morning flight, will
How should you choose your accountant, financial …
How should you choose your accountant, financial and tax consultants in Portugal? THIS ISSUE is a huge problem for those who arrive in Portugal and want to establish their business.
Starting a business in Portugal – Part three
Simplified Regime SINCE 2001, all forms of self-employment are taxed under Category B (commercial, industrial and agricultural business activities). For tax purposes, reporting will follow the rules of either the