Portugal offers sun, sea ⊠and tax efficiency
The Algarve offers great appeal for anyone looking for a relaxed lifestyle in the sun, but did you know you could potentially enjoy a decade of generous tax breaks â
Tax department holds out for excessive duty on imported used cars
Portugalâs tax department is refusing to accept a Supreme Court ruling against âexcessive duty charged on imported used carsâ. This is a case that has been fiercely fought all down
What UK homeowners in Portugal need to know about capital gains tax
For a long time, UK property owners who lived permanently overseas did not need to worry about UK capital gains tax when selling the property. However, recent changes have seen
Is time running out for tax-free pension transfers?
Nowâs the time to review current options for UK pensions and consider benefiting from tax-free QROPS transfers â before Brexit potentially changes the rules. With still no certainty on the
State loses billions as multinationals transfer profits offshore
The Portuguese State is losing billions as multinationals dodge taxes by transferring profits âoffshoreâ (to âcountries with greater fiscal advantagesâ). âThe Missing Profits of Countriesâ study compiled by the universities
Seven considerations for a tax-efficient move to Portugal
If you have moved to the Algarve or are planning to relocate, you will appreciate it is a beautiful place to live. With careful planning, Portugal can offer many financial
State bailiffs claw back âŹ533.6 million in tax debts, up 22% on 2018
In the first half of 2019, the Portuguese State clawed back âŹ533.6 million in debt owed to the tax authorities. This was following a voluntary invitation to pay off tax
Cross-border tax planning for todayâs global transparency
Over 100 countries are now automatically sharing financial information on taxpayers to expose tax evasion â and tax authorities are starting to benefit. Tax transparency has recently been revolutionised by
Constitutionalists query plans to slash taxes for returning emigrés
âPrograma Regressarâ was initially presented as a brave new plan to lure back young emigrĂ©s who fled Portugal during the crisis years (click here). It has since morphed into a
Enjoy 10 years of tax-free pensions in Portugal
Many Britons have discovered that the Algarve is a fantastic place to retire. It is not just about sun, sea and golf. Portugal has actively encouraged new arrivals by offering