PS election manifesto promises IVA reprieve for Portugal’s struggling restaurants
In a hard-hitting announcement on Tuesday, Portugal’s PS Socialist party has revealed its election ‘manifesto’ – promising a “complete break” with austerity and multiple measures designed to promote economic growth.
Rates “shocks” set to rock Portuguese households
Monday’s headlines claim this year’s rates demands “could see increases of as much as 500%”. But before we instil panic among our readership, we should stress this is only “worst
Tax scandal: Portugal’s PM under increasing fire
Attempts to brush his latest “tax scandal” under the carpet have so far backfired miserably on Portuguese prime minister Pedro Passos Coelho. Socialist party heavyweight and former presidential candidate Manuel
Beer producers appeal to Europe over “tax discrimination”
Portuguese beer producers are outraged over the “disparity of taxes charged to the beer and wine sectors in Portugal” and have announced that they will present a formal complaint against
Portugal is the world’s third worst tax destination for expat workers
A US survey into the countries with the best and worst tax rules for expats has revealed that Portugal is one of the worst places high-income expatriate workers could choose
Finnish pensioners seek Algarve tax haven
Finnish newspaper Helsinki Times has featured a report on the increasing number of Finnish pensioners who are moving to Portugal – the Algarve in particular – thanks to the “10-year
Taxman with new thrust to oust illegal renters
Portugal’s tax authorities are planning a new attack on illegal renters – the “powerful parallel market” they have long been pledging to stop. According to Jornal de Notícias, the plan
New UK capital gains tax on property
Until now, many British expatriates have been able to sell UK property without having to pay any capital gains tax in the UK. This changes from April when new rules
Family heartbreak: government auctions off 10 homes per day as tax debts spiral
Statistics for 2014 show the stories of heartbreak and desperation that didn’t make it into the newspapers. The stories of families who lost their homes and property through mounting tax
Portimão’s civil protection tax has already brought in €700,000
The controversial civil protection tax created recently by Portimão council has already raised €700,000 – and that’s with only 60% of residents having paid it. Portuguese media reports over the