Government ‘withdraws bills on IRS Jovem and IRC reductions’
In what is looking like positive signs for voting on the 2025 State Budget the government is said to be “withdrawing” its bills on IRS Jovem (income tax reductions for
Minimum tax to be applied to all multinationals operating in Portugal
The government has approved in its Council of Ministers to apply a minimum 15% tax on all multinationals operating in Portugal. As reports have explained, the decision comes as a
New report reveals NHR tax holders risk future tax burdens without early planning
A newly released report, “Wealthy Expats in Portugal Survey Report 2024,” reveals that the majority of affluent expats holding NHR tax status have not taken early measures or sought professional
Moving to Portugal: 7 tax-saving considerations
If you have moved to Portugal or are planning to relocate, you have made an excellent choice. Not only is it a beautiful and beneficial place to live, Portugal also
Tax on super-rich would yield state upwards of €3.5 billion, per year
A tax of just 0.5% of Portugal’s ‘super-rich’ – a niche market of 42,000 taxpayers – would pay, three times over, for the principal measures (those with the most significant
Hotels, restaurants want intermediate VAT rate to fall to 10%
Hotels association releases 25 proposals for State Budget AHRESP, the Association of Hotels, Restaurants and Similar Services of Portugal have today released 25 proposals for the 2025 State Budget, including
AT tax authority warns of new fraudulent emails
Portugal’s AT Tax and Customs Authority has issued a security alert about fraudulent emails, stressing that they must be ignored. “The Tax and Customs Authority (AT) is aware that some
Tax breaks for young first-home buyers will cost €25 million this year
Portugal’s government estimates that the exemption from purchase tax and stamp duty on purchases of first homes by young people will cost around €25 million in the first six months
Government’s first 100 days: lots of announcements, not so much legislation
Even latest announcement on tax cuts “at risk” The first 100 days of Portugal’s minority right-of-centre coalition government have been marked by many announcements – including the decision on the
Company tax to fall by 2p.p. a year to 15%
Corporate income tax (IRC) rate will gradually fall by two percentage points a year until it reaches 15% at the end of the legislature (meaning 2028), according to the Accelerating