New social security rules for independent workers
THE GOVERNMENT recently changed the salary basis for social security payments from independent workers. Every independent worker, who doesn’t pay social security for any other social security system, must choose
The ABC of A-Day (Part 1)
A-DAY IS April 6 2006, when sweeping new changes to UK pensions legislation will come into action making pensions simpler, more flexible and will give more choice as to how
Exchange rate volatility – watching you watching me
IT’S ALWAYS the activity in your peripheral vision that makes the difference. A resident in the Algarve, moving funds from the UK for further property investment, might not even be
Sole trader start-up
TO GET you started on the right foot in your new business, euroFINESCO offers the Sole Trader Start-up Plan. This comprehensive package of services includes everything that you will need
Now you live here… now you don’t
A question of domicile THE WORLDWIDE estate of someone who has a UK domicile at the time of their death will be liable to UK Inheritance Tax (IHT), unless they
CGT – Check-up
WHEN YOU buy or sell a property in Portugal, the notary who performs the deed is required to report the transaction to the Revenue. Stated more bluntly, if you don’t
Diversify…diversify…and then diversify some more
WHEN IT comes to saving and investing, your overall objective should be to minimise risk while reaching long-term financial goals. These goals need to include your requirements for income and
The better way to hold property in Portugal
ALTHOUGH INFREQUENTLY used in recent years, Nominee Companies have existed in Portuguese statute law since the 19th century and have been embraced in subsequent legislative reforms over the past 150
Watch out, the taxman’s about
TAXES ARE a fact of life. Nobody enjoys paying them, but the fact is, we have to accept that we need to fund the infrastructure and other benefits provided by
Portugal could be as rich as Finland if it cut corruption
IF GOVERNMENT and public corruption were seriously tackled in Portugal, the country would be three times richer than it is today. Portugal presently ranks as the poorest of the original

