VAT rises
VAT on gas and electricity is to rise from 6% to 23% from September. By raising VAT on energy, the Government hopes to net an extra €400 million a year.
Majority of quoted companies have headquarters abroad
by CHRIS GRAEME chris.graeme@theresidentgroup.com High corporate taxes in Portugal mean that the vast majority of Portuguese companies listed on the Lisbon stock market (PSI 120) have their headquarters overseas. Amsterdam,
HIT AND RUN
One day after reaching his highest world ranking ever at No82, Faro tennis ace Rui Machado dismissed San Marino first round opponent Adrian Ungur 6-1, 6-2. However, the 27-year-old Algarvean
Increase in VAT threatens 120,000 jobs
Organisations representing the restaurant and catering industry have warned that up to 120,000 jobs could be lost if the Government puts up VAT. It could also prove disastrous for the
EARLY BATH
Lagoa badminton star and world No68 Pedro Martins was never able to get to grips with Indonesian 13th seed Simon Santoso at the sport’s World Championships in London. The Algarvean
Some câmaras under threat of closure
By PAULO SILVESTRE paulo.silvestre@theresidentgroup.com Presidents from the 16 municipalities of the Algarve will meet on September 5 to discuss the current financial situation they are facing and to seek solutions
Spain’s Costa de Almeria
By Nigel Wright features@algarveresident.com Nigel Wright, and his wife Sue, moved to Portugal seven years ago and live in the countryside near Paderne with their three dogs. They lived and
Garry Mann is released
By DAISY SAMPSON daisy.sampson@theresidentgroup.com Former fire fighter Gary Mann, the British citizen who was sentenced to two years in prison for his involvement in a riot in Albufeira during the
Ice cream route
Travel through São Brás de Alportel this month tasting local homemade ice creams as you go as part of the Gostos D’Agosto summer programme of events. A route through the
Changes to UK Border Agency operations
From August 26 a new weekly visa service will be in operation at the British Embassy in Lisbon. The UK Border Agency, in partnership with WorldBridge, will be operating a mobile

